LIB recycler Redivivus receives funding from Eneos Innovation Partners to speed growth

Lithium-ion battery recycling startup Redivivus, Colorado Springs, Colorado, has secured an investment from Eneos Innovation Partners, a Tokyo-based corporate venture capital firm. Redivivus says the investment marks the final tranche of its preseed fundraising round, totaling over $1 million.

Redivivus says it provides safe end-of-life battery logistics and is concerned with the first step of safely transporting hazardous postuse batteries prior to recovering critical elements through its patented technologies, Redi-Shred and Redi-Cycle.

The company says the initial collaboration with Eneos 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.

“We hope for a truly eco-friendly, safe and reliable battery recycling by innovation,” says Toshihiro Horio of Eneos.

Redivivus says it is utilizing the preseed funds to build its first integrated Redi-Shred system, and is planning pilot programs with partners in the U.S. 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 preseed funding round is a stepping stone to showcase the need for technology that is considerate of the realities of battery recycling,” Redivivus CTO Luke Workman says.

Redivivus CEO Erika Guerrero adds, “Redivivus is honored for the opportunity to create a global recycling technology. The collaboration with Eneos Innovation Partners is aligned with our commitment to a global view on technologies that improve life for all beings.”