LITHIUM STOCKS AND CHARTS

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Buff López
Materials & Chemicals | Analyst | TexasMaterials & Chemicals | Analyst | Texas
2w •
Recap of top activity in Materials & Chemicals cleantech this week (May 2, 2025):
https://www.linkedin.com/posts/buffl%C3%B3pez_cleantech-batteries-lithium-activity-7324132943470211072-tbbp?utm_source=share&utm_medium=member_desktop&rcm=ACoAACqICfIBDnVCtKiuX6gsoBWZSJ9pAt341yg

☕Coffeeco Upcycle raised $809K in seed funding from VDK CAPITAL to expand into the UK and US. The company upcycles coffee waste into skincare ingredients and bioplastics. It's currently raising an additional $322K.

🗻 Lilac is raising $200M to fund its second direct lithium extraction facility set to begin construction by 2027.

🔋 American Battery Technology Company received a $900,000 loan from the US Export-Import Bank (Ex-Im) for the construction of its Nevada-based lithium mine and refinery.

🛑 But it's a risky time for lithium projects as International Battery Metals Ltd. and Albemarle Corporation, among others, have paused projects citing plummeting lithium prices amid declining EV demand.

🪫This trend is certainly true in Europe where battery manufacturers are hurting. CustomCells filed for insolvency after its biggest customer, Lilium, an electric aviation company, filed for bankruptcy in February for the second time.

👉Materials Market raised $2.6M from Fuel Ventures 🚀 and Active Partners to enhance its marketplace for building materials that connects buyers and suppliers in the construction industry.

👚 Arda Biomaterials raised $5.25M to manufacture clothes from waste materials in London. Funding from Oyster Bay Venture Capital, Clean Growth Fund, Kadmos Capital Ltd, and Green Angel Ventures.

💾 Forge Nano, Inc. raised $40M RockCreek, Ascent Funds, Top Material, and Orion Infrastructure Capital to scale manufacturing of its nanocoatings for semiconductors and other hardware.

🏭 Magma raised $5M for its integrated manufacturing platform for factories' procurement needs in India. Funding raised by Capria Ventures, Avinya Ventures, Sanjiv Rangrass, General Catalyst, Accion Venture Lab, and WEH Ventures.

hashtag#cleantech hashtag#batteries hashtag#lithium hashtag#bioplastic hashtag#plastic hashtag#cosmetics hashtag#materials hashtag#waste hashtag#semiconductors hashtag#logistics hashtag#manufacturing Cleantech Group

Image Credit: Magma