tozero raises €11M in seed funding to ramp up recycled lithium production capacity
The NordicNinja led investment round enables the recovery of critical raw materials from lithium-ion battery waste for reintegrated use.
By reintroducing these materials into the supply chain, tozero aims to support the creation of new batteries while promoting a circular economy. Tozero has been awarded top honors at Hello Tomorrow’s 2024 Global Challenge and Hong Kong’s flagship pitch competition EPiC 2024 and named one of the top 100 impact startups globally by Norrsken two times in a row.
The NordicNinja led investment round enables the recovery of critical raw materials from lithium-ion battery waste for reintegrated use.
tozero’s innovative approach to battery recycling is exactly what Europe needs to secure key supplies in the global electrification race and Japan would love to collaborate. Sarah and Ksenija, two exceptional founders, have the expertise and drive to transform the landscape for sustainable battery solutions. We’re excited to support the tozero team in scaling its technology and commercial operation and contributing to a more sustainable and independent energy future for all.