Altilium opens EV battery recycling investment round on Republic Europe
Category: Automotive, Batteries, Investment & Finance, Recycling & Second Life, Regulation & Policy, Sustainability & ESG
As the UK moves to secure its critical minerals supply chain, Altilium’s recycling infrastructure represents a rare piece of domestic industrial capacity purpose-built for the battery age
(Image courtesy of Altilium)
Altilium has launched a strategic investment round on Republic Europe, the FCA-regulated crowdfunding platform formerly known as Seedrs, to fund the expansion of its domestic EV battery recycling infrastructure. The company recycles end-of-life EV batteries into critical battery materials, cutting carbon emissions by up to 77% compared to virgin mining, and positions itself at the centre of the UK’s push to localise a supply chain currently dominated by Chinese mineral processing.
EV battery recycling investment backs the UK’s first commercial recycling plant
A £18.5 million grant awarded through the UK Government’s Drive 35 Scale Up programme will fund Altilium’s first commercial plant, a foundational step toward a sovereign, circular battery economy. The company has raised £14.5 million from SQM, Marubeni, and Mizuho, and is targeting a supply of 22% of UK cathode demand by 2030. Funds raised through the Republic Europe campaign will accelerate that buildout, giving retail and institutional investors direct access to a domestic critical minerals supply chain.
Altilium has already produced automotive-grade batteries in partnership with Jaguar Land Rover that match the performance of those made from virgin feedstock. The company is also expanding into sovereign UK drone battery capability, broadening the strategic relevance of its recycled materials beyond passenger EVs.
Critical minerals supply chain backed by regulation and industry recognition
Global battery supply chains remain heavily concentrated, with China dominating the processing of critical minerals. Altilium frames this as both a strategic vulnerability for the UK and a generational opportunity to build industrial resilience at home. The company benefits from future EU mandates requiring minimum recycled content in new batteries, regulatory tailwinds that strengthen the commercial case for domestic battery recycling at scale.
PwC has recognised Altilium as a top 50 UK climate tech start-up. The Series B1 retail raise on Republic Europe closed oversubscribed within 22 hours of opening to pre-registered investors, with more than 750 individuals participating and the company doubling its original allocation in response to demand.
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