When was Li Industries founded?

Li Industries was founded in 2017 and raised its 1st funding round 1 year after it was founded.

Where is Li Industries located?

Li Industries is headquartered in Blacksburg, United States.

How many employees does Li Industries have?

As of Jun 30, 2026, the latest employee count at Li Industries is 33.

Is Li Industries a funded company?

Li Industries is a funded company, having raised a total of $49.3M across 5 funding rounds to date. The company's 1st funding round was a $***** Grant (prize money) round, raised on Jun 01, 2018.

When was the latest funding round of Li Industries?

Li Industries' latest funding was a $***** Series B round on Jun 27, 2024, with participation from 3 investors. Its primary sector is Solid Waste Management Tech. In United States, the Solid Waste Management Tech sector has seen $540M in funding in 2026 to date.

Where does Li Industries rank among its competitors?

Li Industries ranks 6th amongst 48 active competitors, of which 16 are funded. It stands 2nd in terms of total funding among its competitors. The most recent competitor to raise funding was Lohum, which secured $24M in Jul, 2026.

Who are the top competitors of Li Industries?

Li Industries' top competitors include Lohum, Altilium and BatX Energies. Among them, Lohum secured the most recent funding round in July, 2026.

Li Industries - 2026 Company Profile, Team, Funding & Competitors

Company Details

Developer of technologies for sustainable lithium-ion battery materials production and recycling. The company focuses on creating a circular economy through advanced, automated processes. These processes aim to reduce environmental impact and improve the economics of battery material supply chains. The company works with battery manufacturers, recyclers, and collectors to enhance efficiencies. The goal is to establish sustainable battery materials production as standard practice.

Key Metrics

Founded Year

2017

Location

Blacksburg, United States

Stage

Series B

Total Funding

$49.3M in 5 rounds

Latest Funding Round

Series B, Jun 27, 2024, $*****

Investors

Khosla Ventures & 12 more

Ranked

6^th among 48 active competitors

Employee Count

33 as on Jun 30, 2026

Similar Companies

Lohum & 48 more

View Li Industries' full profile

Li Industries is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
Li Industries, Inc. CIN: 82-1643125 , United States, Active	Jan 01, 2017	-	18 (As on Dec 31, 2023)	-

Li Industries has raised a total funding of $49.3M over 5 rounds. Its first funding round was on Jun 01, 2018. Its latest funding round was a Series B round on Jun 27, 2024 for $*****. 3 investors participated in its latest round. Li Industries has 13 institutional investors.

Here is the list of recent funding rounds of Li Industries:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jun 27, 2024	5319647	Series B	1012029	5793249	8830342	7378740
May 08, 2024	6726611	Series B	1991193	9625372	9055144	Anglo American & 3 more
Aug 01, 2022	5859587	Series A	1556189	9663714	Khosla Ventures	Shell & 1 more

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View details of Li Industries's funding rounds and investors

Li Industries' Board of Directors

Li Industries's board has 7 active members. Rajesh Swaminathan, David Young, Adam Jackson, Zheng Li, Xu "Henry" Han, Nolan Schmidt and Gholamali Farhadi are independent board members.

Here is the list of Li Industries' board of directors:

Name	Type	Representing	Status	Duration
Rajesh Swaminathan	Independent board member	-	Current	2y 2m
zrspwb{	Independent board member	-	Current	7y 1m
golscez	Independent board member	-	Current	6y 6m
bjnwauu	Independent board member	-	Current	6y 6m
f{rnfvq	Independent board member	-	Current	3y 3m
wywztbv	Independent board member	-	Current	2y 6m
dwsazsi	Independent board member	-	Current	1y 2m

Li Industries' employee count trend

Li Industries has 33 employees as of Jun 26. Here is Li Industries's employee count trend over the years:

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Top competitors of Li Industries include Lohum, Altilium and BatX Energies. Here is the list of Top 10 competitors of Li Industries, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Lohum 2018, Noida (India), Series C	Sustainable critical minerals and advanced materials producer	$135M	Baring Private Equity Partners, Cactus Partners ... & 132 others	75/100
2nd	Altilium 2020, Plymouth (United Kingdom), Series B	Developer of technology for recycling electric vehicle batteries into battery materials	$23.5M	K U Ventures, Nulla Lab & 14 others	57/100
3rd	BatX Energies 2020, Gurugram (India), Series A	Provider of lithium-ion battery recycling services producing battery grade materials	$18.6M	IvyCap Ventures, Survam Partners & 92 others	55/100
4th	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
5th	Bridge Green Upcycle 2023, Binghamton (United States), Unfunded	Provider of lithium ion batteries upcycling solutions	-	-	49/100
6th	Li Industries 2017, Blacksburg (United States), Series B	Developer of technologies for sustainable lithium-ion battery materials production and recycling	$49.3M	Shell, DNX Ventures & 11 others	44/100
7th	Liviumcorp 2023, Kew (Australia), Public	Provider of lithium chemicals, battery materials, and end-of-life battery recycling	-	Government of Western Australia, Australian Renewable Energy Agency ... Read more	42/100
8th	Electra Battery Materials 2017, Toronto (Canada), Public	Provider of materials for electric vehicle batteries through refining and recycling	-	Military Health	42/100
9th	Lithion 2018, Montreal (Canada), Series A	Provider of innovative technology for recycling lithium-ion batteries	$15M	IMM Investment, GM Ventures & 2 others	41/100
10th	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 ... & 6 others	41/100