When was Altilium founded?

Altilium was founded in 2020 and raised its 1st funding round 3 years after it was founded.

Where is Altilium located?

Altilium is headquartered in Plymouth, United Kingdom. It is registered at PRIORY LODGE BRAXTED PARK ROAD,TIPTREE,COLCHESTER,ENGLAND,CO5 0QB.

Who is the current CEO of Altilium?

Kamran Mahdavi of Altilium. They have also founded 1 company.

Which legal entities is Altilium associated with?

Altilium is associated with ALTILIUM METALS LTD.

How many employees does Altilium have?

As of May 31, 2026, the latest employee count at Altilium is 46.

Is Altilium a funded company?

Altilium is a funded company, having raised a total of $23.5M across 8 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Feb 06, 2023.

How much is Altilium worth?

The latest valuation of Altilium is £***** as of Mar 11, 2025.

When was the latest funding round of Altilium?

Altilium's latest funding was a $***** Series B round on Jun 23, 2026, with participation from 0 investor.

Where does Altilium rank among its competitors?

Altilium ranks 2nd amongst 43 active competitors, of which 15 are funded. It stands 4th in terms of total funding among its competitors. The most recent competitor to raise funding was Altilium, which secured $24.8M in Apr, 2026.

Who are the top competitors of Altilium?

Altilium's top competitors include Circunomics, Circu Li-Ion and PowerTech Water. Among them, Altilium secured the most recent funding round in June, 2026.

Altilium - 2026 Company Profile, Team, Funding, Competitors & Financials

Company Details

Developer of technology for recycling electric vehicle batteries into battery materials. The company’s technology transforms used batteries and gigafactory scrap into high-purity, battery-grade metal salts. These salts become precursor cathode active material and cathode active material essential for sustainable battery production. The company’s process recovers critical minerals and graphite for use in new anodes.

Website: altilium.tech
Social
Email ID: *****@altilium.tech
Phone Number: +44 **********
Registered Address: PRIORY LODGE BRAXTED PARK ROAD,TIPTREE,COLCHESTER,ENGLAND,CO5 0QB

Key Metrics

Founded Year

2020

Location

Plymouth, United Kingdom

Stage

Series B

Total Funding

$23.5M in 8 rounds

Latest Funding Round

Series B, Jun 23, 2026, $*****

Post Money Valuation

£***** as on Mar 11, 2025

Investors

Mizuho Financial Group & 15 more

Ranked

2^nd among 43 active competitors

Employee Count

46 as on May 31, 2026

Similar Companies

Circunomics & 39 more

View Altilium's full profile

Altilium is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
ALTILIUM METALS LTD CIN: 12863419 , United Kingdom, Active	Sep 06, 2020	-	37 (As on Dec 31, 2024)

Altilium has raised a total funding of $23.5M over 8 rounds. Its first funding round was on Feb 06, 2023. Altilium has 16 institutional investors.

Here is the list of recent funding rounds of Altilium:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jun 23, 2026	5561891	Series B	9674578	9006944	3506579	7836101
Apr 10, 2026	5061948	Grant (prize money)	1791161	2302419	6267460	Gov & 2 more
Mar 04, 2025	9578985	Series B	5503575	2944255	1763094	Mizuho Financial Group

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View details of Altilium's funding rounds and investors

The founders of Altilium are Kamran Mahdavi, Christian Marston and Sean Joseph. Kamran Mahdavi is the CEO of Altilium.

Here are the details of Altilium's key team members:

Kamran Mahdavi: Co-Founder & CEO of Altilium.
Contact Info: 1 email address
Christian Marston: Co-Founder of Altilium.
Contact Info: 1 email address
Sean Joseph: Co-Founder of Altilium.

Altilium's Board of Directors

Altilium's board has 5 active members. Christian Henry Marston and Sean Thomas Joseph are part of team and Kamran Mahdavi, Mauricio Fernando Olivares Carvajal and Shari Mahdavi are independent board members.

Here is the list of Altilium's board of directors:

Name	Type	Representing	Status	Duration
Christian Henry Marston	Team	-	Current	5y 9m
Sean Thomas Joseph	Team	-	Current	2y 10m
Kamran Mahdavi	Independent board member	-	Current	5y 9m
{m{qyeq	Independent board member	-	Current	5y 1m
gfhgouu	Independent board member	-	Current	4y 8m

View details of Altilium's Founder profiles and Board Members

Altilium's employee count trend

Altilium has 46 employees as of May 26. Here is Altilium's employee count trend over the years:

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Top competitors of Altilium include Circunomics, Circu Li-Ion and PowerTech Water. Here is the list of Top 10 competitors of Altilium, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Circunomics 2019, Mainz (Germany), Series A	Waste management services for electric vehicle batteries	$10.4M	GET, Schaeffler & 11 others	59/100
2nd	Altilium 2020, Plymouth (United Kingdom), Series B	Developer of technology for recycling electric vehicle batteries into battery materials	$23.5M	Mizuho Financial Group, Gov & 14 others	57/100
3rd	Circu Li-Ion 2021, Luxembourg (Luxembourg), Seed	Provider of the upcycling process to extract and diagnose lithiumion battery cells	$4.78M	BonVenture, Investe Group & 1 others	51/100
4th	PowerTech Water 2014, Lexington (United States), Series C	Provider of technology solutions for wastewater treatment	$19M	Clean Energy Trust, HG Ventures & 3 others	46/100
5th	Li Industries 2017, Blacksburg (United States), Series B	Developer of technologies for sustainable lithium-ion battery materials production and recycling	$49.3M	Khosla Ventures, Robert Bosch Venture Capital ... & 11 others	44/100
6th	Mecaware 2021, Lyon (France), Series A	Provider of strategic metal production and battery recycling with low impact	$42.1M	Crédit Mutuel Innovation, BNP Paribas Developpement ... & 5 others	41/100
7th	POEN 2019, Uiwang si (South Korea), Series B	Manufacturer of batteries	$33.7M	SJ Investment Partners, Shinhan Venture Investment ... & 10 others	40/100
8th	Novocycle 2021, Sunnyvale (United States), Seed	Developer of battery recycling technologies	$1.52M	SABIC, Diniz Holding & 3 others	37/100
9th	Spiers New Technologies 2015, Oklahoma City (United States), Acquired	Battery management solution provider	$2.8M	i2E, Oost NL & 1 others	37/100
10th	Ziptrax 2016, Delhi (India), Seed	Platform offering AI-powered solutions for repurposing and recycling lithium-ion batteries	$119K	Shell, Villgro	35/100