FundedIQ
Natural Resources

Electra Battery Materials: Funding, Investors & Team (Aug 2026)

Electra is building North America’s only fully integrated, localized and environmentally sustainable battery materials park. Leveraging the company’s own mining assets and business partners, the Electra Battery Materials Park will host cobalt and nickel sulfate production plants, a large-scale lithium-ion battery recycling facility, and battery precursor materials production, which will serve both North American and global customers. Electra Battery Materials is an integral part of the North American battery supply chain, providing low-carbon, sustainable and traceable raw materials for the region’s fast growing electric vehicle industry.

electrabmc.com LinkedIn Toronto, Canada 11-50 employees
Total raised
$53.0M
Rounds
6
Latest
Undisclosed round
May 2026

Electra Battery Materials has raised $53.0M across 6 funding rounds on record, the most recent an undisclosed round of $20.0M announced in May 2026.

That round is above the $2.2M median round size for Natural Resources companies tracked on FundedIQ over the last two years.

Electra Battery Materials Company Profile and Key Stats

Total funding raised
$53.0M
across 6 rounds on record
Funding rounds on record
6
Latest funding round
Undisclosed round
$20.0M in May 2026
Employees
11-50
reported band
Headquarters
Toronto, Canada

Latest funding round on record: May 2026.

Electra Battery Materials Funding Rounds

Date
Round
Amount
Undisclosed round
$20.0M
Undisclosed round
$4.0M
Undisclosed round
$14.7M
Undisclosed round
$5.0M
Undisclosed round
$3.7M
Undisclosed round
$5.6M

Electra Battery Materials raised $5.6M in an undisclosed round announced in Nov 2022.

1.3 years later, an undisclosed round of $3.7M was announced in Feb 2024.

4 months later, an undisclosed round of $5.0M was announced in Jun 2024.

2 months later, an undisclosed round of $14.7M was announced in Aug 2024.

2 months later, an undisclosed round of $4.0M was announced in Oct 2024.

1.6 years later, an undisclosed round of $20.0M was announced in May 2026.

Electra Battery Materials Founders and Leadership Team

Name
Role
Contact
Trent Mell
Founder
Locked
Mark Trevisiol
CEO
Locked

Contact details for the Electra Battery Materials team: 2 of 2 have an email address on file.

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Electra Battery Materials Funding Compared to Other Natural Resources Startups

Segment
Companies
Median round
3,081
$2.2M

Electra Battery Materials' latest round of $20.0M is above the median round in Natural Resources. Medians cover the last 24 months of disclosed rounds.

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Electra Battery Materials Funding FAQs

What does Electra Battery Materials do?

Electra is building North America’s only fully integrated, localized and environmentally sustainable battery materials park. Leveraging the company’s own mining assets and business partners, the Electra Battery Materials Park will host cobalt and nickel sulfate production plants, a large-scale lithium-ion battery recycling facility, and battery precursor materials production, which will serve both North American and global customers. Electra Battery Materials is an integral part of the North American battery supply chain, providing low-carbon, sustainable and traceable raw materials for the region’s fast growing electric vehicle industry.

How much funding has Electra Battery Materials raised?

Electra Battery Materials has raised $53.0M across 6 rounds on record. The most recent is an undisclosed round of $20.0M announced in May 2026.

When did Electra Battery Materials last raise funding?

Electra Battery Materials' most recent funding round on record is an undisclosed round of $20.0M, announced in May 2026.

Who founded Electra Battery Materials?

FundedIQ lists Trent Mell (Founder) at Electra Battery Materials.

Who is the CEO of Electra Battery Materials?

Mark Trevisiol is listed as CEO at Electra Battery Materials.

Where is Electra Battery Materials headquartered?

Electra Battery Materials is based in Toronto, Ontario, Canada.

How many employees does Electra Battery Materials have?

Electra Battery Materials is in the 11-50 employee band.

How does Electra Battery Materials' funding compare to other Natural Resources startups?

Electra Battery Materials' latest round of $20.0M is above the $2.2M median round size for Natural Resources companies on FundedIQ across 620 tracked companies over the last two years.

About FundedIQ's Electra Battery Materials 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 Electra Battery Materials is left off this page rather than filled in.

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