NEU Battery Materials closes US$7.6 million funding round to scale LFP recycling and enhance lithium supply chain resilience, co-led by Shift4Good and SGInnovate.
Amount Raised
$7.6 Million
Round Type
Venture
SingaporeSustainabilitySoftwareConsumer ElectronicsInvestors
Description
NEU Battery Materials announced the close of its oversubscribed US$7.6 million funding round. The capital will support the ramp-up of producing battery-grade lithium from LFP feedstock and aid in international expansion. This funding round was co-led by Shift4Good and SGInnovate, with participation from new and existing investors. The company's Singapore factory marks a significant step towards industrial scale-up.
Quick answer
NEU Battery Materials raised $7.6 Million in a funding round, dated October 13, 2026. Investors: M7 Holdings, Lotus Singapore Group, Paragon Ventures I, SGInnovate and Shift4Good. NEU Battery Materials is based in Singapore.
- How much did NEU Battery Materials raise?
- NEU Battery Materials raised $7.6 Million in a funding round on October 13, 2026.
- Who invested in NEU Battery Materials?
- M7 Holdings, Lotus Singapore Group, Paragon Ventures I, SGInnovate and Shift4Good are named as investors in this round.
- What does NEU Battery Materials do?
- Lithium battery recycling is costly, inflexible and inefficient.
- Where is NEU Battery Materials based and how big is it?
- NEU Battery Materials is based in Singapore. Fundz records about 19 employees.
- Who are the decision-makers at NEU Battery Materials?
- Fundz holds 1 contact at NEU Battery Materials. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Sustainability and Consumer Electronics around the same time
Companies in the same sectors as NEU Battery Materials that raised within 45 days of this round, from Fundz verified event records.
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NEU Battery Materials raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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