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aVenture is in Alpha: aVenture recently launched early public access to our research product. It's intended to illustrate capabilities and gather feedback from users. While in Alpha, you should expect the research data to be limited and may not yet meet our exacting standards. We've made the decision to temporarily present this information to showcase the product's potential, but you should not yet rely upon it for your investment decisions.
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Princeton NuEnergy is a clean-tech startup founded with the mission to revolutionize the recycling of lithium-ion batteries from electric vehicles and consumer electronics. The company aims to create a sustainable, circular supply chain by utilizing its patented Direct Battery Recycling technology. This innovative process produces high-quality cathode active materials at low operating costs, addressing the growing concerns over battery supply and materials availability as electric vehicle adoption accelerates.
Notable affiliated individuals include experts in battery technology and environmental sustainability, though specific names are not provided. Princeton NuEnergy has garnered attention for its potential to mitigate supply chain bottlenecks in the electric vehicle industry. Its key achievements include the development and patenting of a cost-effective recycling technology that contributes to sustainable energy solutions. The overall impact of Princeton NuEnergy lies in its ability to provide high-value materials while promoting environmental stewardship.
Operating Status
Active
Ownership Type(s)
Venture Capital
Main Product(s)
Battery Recycling
Technology
Cleantech
Tags
Cleantech
Model Types
Software
Revenue Type(s)
Recurring
Customer Type(s)
Enterprise
Geographic Exposure
Global
When was Princeton NuEnergy founded?
Princeton NuEnergy was founded in 2019.
Where is Princeton NuEnergy’s headquarters located?
Princeton NuEnergy’s headquarters is located in Bordentown, NJ, US.
When was Princeton NuEnergy’s last funding round?
Princeton NuEnergy’s most recent funding round was for $16M (USD) in November 2023.
How many employees does Princeton NuEnergy have?
Princeton NuEnergy has 27 employees as of Feb 5, 2024.
How much has Princeton NuEnergy raised to-date?
As of July 05, 2023, Princeton NuEnergy has raised a total of $41.8M (USD) since Nov 6, 2023.
Add Comparison
Total Raised to Date
$41.8M
USD
Last Update Nov 6, 2023
Last Deal Details
$16M
USD
Nov 6, 2023
Series A
Total Employees Over Time
27
As of Feb 2024
Princeton NuEnergy Address
1200 Florence Columbus Rd
Bordentown,
New Jersey
08505
United States
Source(s): This page includes data and analysis provided by the company, OpenAI, and our research analysts