Luxembourg battery recycling firm Circu Li-ion wants to become the biggest mine without a mine and is paving the way after securing €20 million in combined financing.
The investment, €14m of which was led by an American VC HG Ventures and Spain’s Suma capital, with participation from Oetker Collection, and existing shareholders including BonVenture, FlixFounders, and EIT Urban Mobility, also includes €6m in grants from the EIC Fund.
The finance will drive the firm’s pivot from recycling lithium-ion batteries to dismantling and…

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