£18.5M
The funding was awarded through the DRIVE35 Scale-Up Fund to build the ACT3 facility in Plymouth.
A
Altilium
Altilium recycles electric vehicle batteries to recover critical minerals for the automotive sector.
Plymouth, UK—Founded 2020
£23.5MTotal raised
Clean technology firm focusing on electric vehicle battery recycling and mineral recovery.
Categories
Founders
KM
Kamran Mahdavi
CEO
CM
Christian Marston
Investors
- £18.5M
- $5.0M
Funding history
$5.0M
The Series B round was backed by Marubeni Corporation to support the development of a major recycling facility in Teesside.