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Princeton NuEnergy

Clean Technology / Energy BORDENTOWN, N.J., USA ~320 employees
Founded
--
Employees (Est.)
~320
16 leaders known
Total Funding
$40.3M
Funding Rounds
2
Last Funding
2024-06-17

About Princeton NuEnergy

Princeton NuEnergy (PNE) is dedicated to revolutionizing lithium-ion battery recycling through innovative technologies. Their mission focuses on creating a scalable, cost-effective, and energy-efficient solution for battery recycling and materials production, aiming to achieve a true domestic circular economy with reduced environmental impact.

Products & Services

LPAS™ Technology:A low-temperature plasma-assisted separation process for lithium-ion battery recycling that repairs cathode and anode materials without breaking down chemical compounds, significantly reducing energy and chemical consumption.
Cathode-to-Cathode™ and Anode-to-Anode™ Recycling:Direct recycling processes to rejuvenate battery materials to a quality comparable to virgin materials, meeting or exceeding OEM expectations.
Testing Services:Services offered for testing related to battery recycling and material rejuvenation.
Energy Efficiency Solutions:Solutions focused on reducing cost, energy, and water usage in battery recycling processes.

Specialties

Lithium-ion Battery Recycling Direct Recycling Technology Critical Minerals Recovery Low-temperature Plasma-assisted Separation (LPAS™) Cathode and Anode Material Rejuvenation

Funding History

Debug: View Raw Funding Data
# Type Amount Fields Date Fields Investors
1 RT: Series A
T: -
FT: Series A
A: 30000000
MR: -
FA: $30 million
FAN: 30000000
D: 2024-06-17
FD: 2024-06-17
7 investors
2 RT: Series A
T: -
FT: Series A
A: 10300000
MR: -
FA: 10.3 million
FAN: 10300000
D: 2024-05-13
FD: 2024-05-13
3 investors
Series A Latest
2024-06-17
$30.0M
7 investors (Pro only)
Series A 2024-05-13
$10.3M

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Growth Metrics

+45%
Employee Growth
YoY
3.2x
Funding Growth
Last Round
12
Markets
Operating
10K+
Customers
Active

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Team & Leadership

C

Chao Yan

Co-Founder and CEO

D

Dianna Raedle

CFO

X

Xiaofang Yang

Co-Founder and CTO

S

Stephen Snyder

CSO

P

Peng Zhao

COO

J

Janet Robertson

Director of Government Affairs and Communications

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Recent News

Princeton NuEnergy Announces New Product Launch

2 days ago

Company unveils innovative solution to transform the industry, expanding market reach and capabilities...

Read more →

Leadership Team Expands with Industry Veteran

1 week ago

New executive brings 20+ years of experience to accelerate growth and strategic initiatives...

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Company Recognized as Industry Leader

2 weeks ago

Receives prestigious award for innovation and customer satisfaction in competitive market...

Read more →

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Key Competitors

C1

Competitor Alpha

Series B · $50M raised

C2

Competitor Beta

Series C · $120M raised

C3

Competitor Gamma

Series A · $25M raised

C4

Competitor Delta

Seed · $10M raised

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Company Details

Industries
Clean Technology / Energy
Company Size
~320 employees (est.)
Locations
BORDENTOWN, N.J., USA

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Technology Stack

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