Green Li-ion, a battery recycling start-up, backed by Escalante

PERTH, Australia, May 8, 2025 /PRNewswire/ -- Laurence Escalante, founder of VGW and a leading backer of emerging industries, has led a strategic bridge funding round for Green Li-ion, an Australian clean-tech innovator transforming the battery recycling sector.

The round will enable Green Li-ion to accelerate the scale-up of its breakthrough battery rejuvenation technology, as global demand for sustainable sources of critical materials reaches new heights.

The investment comes at a crucial time. With the United States moving to restrict imports of key battery metals, Green Li-ion's patented Australian technology is positioned to help North America reshore refined cathode material production. The company is on track to become the largest domestic producer of these materials in the U.S.

"Our world-first technology redefines how we source critical minerals," said Leon Farrant, CEO and Founder of Green Li-ion. "By recovering valuable materials from battery waste, we're significantly reducing the environmental cost compared to extracting the same volume of minerals from the earth."

Green Li-ion's proprietary process delivers up to a 90% reduction in carbon emissions compared to traditional mining, positioning the company as a pioneer in the fast-growing "urban mining" industry. Initially developed at its Geelong technology centre, the company has scaled to six operational facilities across the globe.

The investment from Escalante underscores growing confidence in vital Australian-developed clean-tech and demonstrates his support for global decarbonisation efforts. As governments and industries transition to net-zero, Green Li-ion's innovation offers a critical advantage combining performance and sustainability at scale.

Green Li-ion holds 87 patents and continues to revolutionise the energy storage industry with world-first technology that fully remanufactures spent lithium-ion batteries and battery waste.

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SOURCE Green Li-ion