FundedIQ
Sustainability

Battery Resourcers: Funding, Investors & Team (Sep 2026)

Founded in 2015, based on a technology out of Professor Wang's group at WPI, Battery Resourcers, is committed to changing the dynamics for processing end of life lithium ion batteries. Currently most lithium ion batteries are landfilled. If they are recycled only the metal value from the batteries is recovered. Battery Resourcers proprietary process allows one to directly synthesize new cathode materials from spent lithium ion cells. Battery Resourcers will be able to deliver low cost cathode materials to the lithium ion battery market enabling green technologies and resulting in less landfilled material a more sustainable pathway forward.

www.batteryresourcers.com LinkedIn Worcester, United States 11-50 employees
Recycling
Total raised
$90.0M
Rounds
2
Latest
Undisclosed round
Sep 2021

Battery Resourcers has raised $90.0M across 2 funding rounds on record, the most recent an undisclosed round of $70.0M announced in Sep 2021.

That round is above the $3.0M median round size for Sustainability companies tracked on FundedIQ over the last two years.

Battery Resourcers Company Profile and Key Stats

Total funding raised
$90.0M
across 2 rounds on record
Funding rounds on record
2
Latest funding round
Undisclosed round
$70.0M in Sep 2021
Employees
11-50
reported band
Headquarters
Worcester, United States

Latest funding round on record: Sep 2021.

Battery Resourcers Funding Rounds

Date
Round
Amount
Undisclosed round
$70.0M
Series B
$20.0M

Battery Resourcers raised $20.0M in a Series B announced in Apr 2021.

5 months later, an undisclosed round of $70.0M was announced in Sep 2021.

Battery Resourcers Founders and Leadership Team

Name
Role
Contact
Mike O'Kronley
CEO
Locked

Contact details for the Battery Resourcers team: 1 of 1 has an email address on file.

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Battery Resourcers Funding Compared to Other Sustainability Startups

Segment
Companies
Median round
29,722
$7.5M

Battery Resourcers' latest round of $70.0M is above the median round in Sustainability. Medians cover the last 24 months of disclosed rounds.

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Battery Resourcers Funding FAQs

What does Battery Resourcers do?

Founded in 2015, based on a technology out of Professor Wang's group at WPI, Battery Resourcers, is committed to changing the dynamics for processing end of life lithium ion batteries. Currently most lithium ion batteries are landfilled. If they are recycled only the metal value from the batteries is recovered. Battery Resourcers proprietary process allows one to directly synthesize new cathode materials from spent lithium ion cells. Battery Resourcers will be able to deliver low cost cathode materials to the lithium ion battery market enabling green technologies and resulting in less landfilled material a more sustainable pathway forward.

How much funding has Battery Resourcers raised?

Battery Resourcers has raised $90.0M across 2 rounds on record. The most recent is an undisclosed round of $70.0M announced in Sep 2021.

When did Battery Resourcers last raise funding?

Battery Resourcers' most recent funding round on record is an undisclosed round of $70.0M, announced in Sep 2021.

Who is the CEO of Battery Resourcers?

Mike O'Kronley is listed as CEO at Battery Resourcers.

Where is Battery Resourcers headquartered?

Battery Resourcers is based in Worcester, Massachusetts, United States.

How many employees does Battery Resourcers have?

Battery Resourcers is in the 11-50 employee band.

How does Battery Resourcers' funding compare to other Sustainability startups?

Battery Resourcers' latest round of $70.0M is above the $3.0M median round size for Sustainability companies on FundedIQ across 74 tracked companies over the last two years.

About FundedIQ's Battery Resourcers Funding Data

FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.

Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Battery Resourcers is left off this page rather than filled in.

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