Redivivus, a Colorado Springs, CO-based lithium-ion battery recycling startup, received an investment from Eneos Innovation Partner.
The amount of the deal was not disclosed but completes Redivivus’ pre-seed fundraising round, totaling over $1m.
Led by CEO Erika Guerrero, and Chief Technology Officer Luke Workman, Redivivus provides a solution to lithium-ion battery recycling. Its proprietary technologies offers logistics, disassembly and material recovery service for end-of-life batteries.
The company is utilizing the pre-seed funds to build their first integrated Redi-Shred® system. The company is planning pilot programs with partners in the United States. The three-part passivation system includes cryogenics to slow the thermal kinetics of batteries in any state of charge or health, customized shredding equipment and conveyance, and a neutralizing bath to render material ready for transport.
The initial collaboration between Redivivus and Eneos Innovation Partners will accelerate the development of Redi-Shred®, a passivation technology to safely process end-of-life batteries at any state of charge or health. In the next phase, the goal is to develop a mobile system for specific use cases including the deployment of battery logistics vehicles.
FinSMEs
27/01/2023