FundedIQ
Energy

Li-Cycle: Funding, Investors & Team (Sep 2026)

Li-Cycle is a leading global company in lithium-ion battery resource recovery, dedicated to creating a closed-loop battery supply chain for a clean energy future. They use innovative technologies to recycle different types of batteries at their Spoke facilities and plan to process the recovered materials at their future Hub facilities. Comments on this page are subject to moderation by Li-Cycle, and any irrelevant or inappropriate comments may be removed. For specific inquiries, visit their website for contact information.

www.li-cycle.com LinkedIn Mississauga, Canada 251-500 employees
Battery CleanTech Recycling Renewable Energy
Total raised
$690M
Rounds
6
Latest
Undisclosed round
May 2025

Li-Cycle has raised $690M across 6 funding rounds on record, the most recent an undisclosed round of $7.5M announced in May 2025.

That round is below the $15M median round size for Energy companies tracked on FundedIQ over the last two years.

Li-Cycle Company Profile and Key Stats

Total funding raised
$690M
across 6 rounds on record
Funding rounds on record
6
Latest funding round
Undisclosed round
$7.5M in May 2025
Employees
251-500
reported band
Headquarters
Mississauga, Canada

Latest funding round on record: May 2025.

Li-Cycle Funding Rounds

Date
Round
Amount
Undisclosed round
$7.5M
Undisclosed round
$15.0M
Undisclosed round
$343M
Undisclosed round
$75.0M
Post-IPO Debt
$200M
Post-IPO Equity
$50.0M

Li-Cycle raised $50.0M in a Post-IPO Equity announced in Dec 2021.

5 months later, a Post-IPO Debt of $200M was announced in May 2022.

1.8 years later, an undisclosed round of $75.0M was announced in Mar 2024.

8 months later, an undisclosed round of $343M was announced in Nov 2024.

2 months later, an undisclosed round of $15.0M was announced in Jan 2025.

4 months later, an undisclosed round of $7.5M was announced in May 2025.

Li-Cycle Founders and Leadership Team

Name
Role
Contact
Tim Johnston
Founder
Ajay Kochhar
CEO
Locked

Contact details for the Li-Cycle team: 1 of 2 have an email address on file.

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Li-Cycle Funding Compared to Other Energy Startups

Segment
Companies
Median round
2,284
$15M
3,081
$2.2M

Li-Cycle's latest round of $7.5M is below the median round in Energy. Medians cover the last 24 months of disclosed rounds.

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Li-Cycle Funding FAQs

What does Li-Cycle do?

Li-Cycle is a leading global company in lithium-ion battery resource recovery, dedicated to creating a closed-loop battery supply chain for a clean energy future. They use innovative technologies to recycle different types of batteries at their Spoke facilities and plan to process the recovered materials at their future Hub facilities. Comments on this page are subject to moderation by Li-Cycle, and any irrelevant or inappropriate comments may be removed. For specific inquiries, visit their website for contact information.

How much funding has Li-Cycle raised?

Li-Cycle has raised $690M across 6 rounds on record. The most recent is an undisclosed round of $7.5M announced in May 2025.

When did Li-Cycle last raise funding?

Li-Cycle's most recent funding round on record is an undisclosed round of $7.5M, announced in May 2025.

Who founded Li-Cycle?

FundedIQ lists Tim Johnston (Founder) at Li-Cycle.

Who is the CEO of Li-Cycle?

Ajay Kochhar is listed as CEO at Li-Cycle.

Where is Li-Cycle headquartered?

Li-Cycle is based in Mississauga, Ontario, Canada.

How many employees does Li-Cycle have?

Li-Cycle is in the 251-500 employee band.

How does Li-Cycle's funding compare to other Energy startups?

Li-Cycle's latest round of $7.5M is below the $15M median round size for Energy companies on FundedIQ across 2,284 tracked companies over the last two years.

About FundedIQ's Li-Cycle 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 Li-Cycle is left off this page rather than filled in.

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