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Lohum - About the company

Lohum is a series B company based in Noida (India), founded in 2018 by Rajat Verma, Justin Lemmon and Gazanfar Safavi. It operates as a Sustainable critical minerals and advanced materials producer. Lohum has raised $109M in funding from investors like Baring Private Equity Partners, Cactus Venture Partners and Singularity AMC, with a current valuation of *****. The company has 69 active competitors, including 32 funded and 8 that have exited. Its top competitors include companies like Attero, Aqua Metals and Redwood Materials.

Company Details

Sustainable critical minerals and advanced materials producer. It is focused on strengthening global supply chains through innovative recycling, refining, and resource recovery technologies. Supporting the energy transition, advanced electronics, healthcare, aerospace, and industrial sectors, the organization delivers high-purity materials including lithium, nickel, cobalt, copper, zinc, silicon, rare earth elements, and platinum group metals. It helps businesses achieve regulatory compliance, material traceability, and circular economy goals. Through advanced recovery processes, digital transparency systems, and a commitment to sustainability, the organization is driving resource independence, reducing waste, and creating a reliable supply of critical materials for a net-zero future.
Website
lohum.com
Social
XFacebook
Email ID
*****@lohum.com
Phone Number
+91 **********
Registered Address
B-357/A, SHOP NO. 6, GROUND FLOOR, OPP. METRO PILLAR NO. 157, NEW ASHOK NAGAR, East Delhi, East Delhi, East Delhi, Delhi, India, 110096
Key Metrics
Founded Year
2018
Location
Noida, India
Stage
Series B
Total Funding
$109M in 14 rounds
Latest Funding Round
Post Money Valuation
***** as on May 06, 2026
Ranked
Annual Revenue
₹500 - ₹1,000 Cr as on Mar 31, 2025
Employee Count
346 as on Apr 30, 2026
Similar Companies
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Lohum's funding and investors

Lohum has raised a total funding of $109M over 14 rounds. Its first funding round was on Aug 30, 2018. Its latest funding round was a Series B round on Dec 18, 2025 for $*****. 17 investors participated in its latest round. Lohum has 40 institutional investors and 69 angel investors.

Here is the list of recent funding rounds of Lohum:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Dec 18, 2025
8112886
Series B
8243140
1097018
1522133
6748671
Oct 16, 2025
2679953
Series B
3512761
9633499
5256604
Jan 18, 2025
2901710
Series B
9794675
8311191
5382170
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Lohum's founders and board of directors

Founder? Claim Profile
The founders of Lohum are Rajat Verma, Justin Lemmon and Gazanfar Safavi. Rajat Verma and Chidambaram Mandan are the CEOs of Lohum.
Here are the details of Lohum's key team members:

Lohum's Board of Directors

Lohum's board has 9 active members. Tarun Singhal and Rajat Verma are part of team and Yash Kela, Arul Kamal Mehra, Vidur Talwar, Arul Mehra, Farhan Ahmad, Supriya Srivastava and Satyavrat Arya are independent board members.
Here is the list of Lohum's board of directors:
Name
Type
Representing
Status
Duration
Team
-
Current
8y 1m
Investor
-
Current
5y 2m
Independent board member
-
Current
1y 3m
fxboqfg
Independent board member
-
Current
6y 1m
bmzamhz
Independent board member
-
Current
1y 4m
atimkfi
Independent board member
-
Current
9y 3m
glwwolm
Independent board member
-
Current
7y 3m
aujhatc
Independent board member
-
Current
7y 3m
wcjeirm
Independent board member
-
Current
8y 5m

Lohum's employee count trend

Lohum has 346 employees as of Apr 26. The total employee count is 12.0% more than what it was in Apr 25. Here is Lohum's employee count trend over the years:
Employee count trend for Lohum
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Lohum's Competitors and alternates

Top competitors of Lohum include Attero, Aqua Metals and Redwood Materials. Here is the list of Top 10 competitors of Lohum, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Lohum
Lohum
2018, Noida (India), Series B
Sustainable critical minerals and advanced materials producer
$109M
75/100
2nd
Logo for Attero
Attero
2008, Noida (India), Series C
Provider of e-waste and lithium-ion battery recycling
$31.1M
71/100
3rd
Logo for Aqua Metals
Aqua Metals
2013, Reno (United States), Public
Provider of battery recycling solutions
$6M
65/100
4th
Logo for Redwood Materials
Redwood Materials
2017, Carson City (United States), Series E
Provider of repurposed battery packs for modular energy storage systems
$2.29B
65/100
5th
Logo for Mangrove Lithium
Mangrove Lithium
2013, Delta (Canada), Series B
Developer of modular scalable lithium refining technology for battery‑grade production
$46.5M
64/100
6th
Logo for Recyclekaro
Recyclekaro
2010, Navi Mumbai (India), Series A
Provider of e-waste, battery, vehicle, and office equipment recycling services
$18.3M
64/100
7th
Logo for MiniMines
MiniMines
2020, Bengaluru (India), Series A
Provider of lithium-ion battery recycling and commodity extraction clean-tech solutions
$4.97M
63/100
8th
Logo for ABTC
ABTC
2011, Reno (United States), Public
Provider of Lithium-ion battery recycling platform
-
63/100
9th
Logo for Cylib
Cylib
2022, Aachen (Germany), Series A
Provider of sustainable battery recycling and recycled raw materials
$71.5M
63/100
10th
Logo for Ascend Elements
Ascend Elements
2015, Westborough (United States), Series D
Manufacturer of engineered materials from recycled lithium-ion batteries and battery scrap
$1.1B
60/100
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Lohum's Latest cap tables and shareholding

Founders own 2.53%, Funds (largest shareholder) own 34.06%, Enterprises own 5.46% and Angels own 13.06%. The net worth of Lohum's founders is INR 119Cr as of May 06, 2026.
Shareholders Name
Post Round Holding %
Net worth
Cumulative Investment
Realised Returns
Unrealised Returns
Return Multiple
Founder
2.53%
119Cr
34
11
78
54
33
86
52
85
98
56
0
0
0
0
0
0
Fund
34.06%
1,610Cr
6293992
4274585
6722633
1060533
6405982
8783179
8688358
6122756
4478265
7883989
13
44
60
87
69
44
8
5
6
1
7
1
Enterprise
5.46%
258Cr
40306
94272
65137
33088
Angel
13.06%
617Cr
3763981
9711628
8776384
3979802
Other People
36.11%
1,700Cr
7982313
3052428
9327527
9116067
ESOP Pool
8.78%
414Cr
6840913
8835164
3706844
2534628
Total
100.00%
4,720Cr
1212986
1862952
6505165
4485567
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Notes: The column Net Worth represents the net worth of investments made by that entity, as per the latest cap table.
Disclaimer
View more details of Lohum's Shareholding

Lohum's Investments and acquisitions

Lohum has made no investments or acquisitions yet.

News related to Lohum

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Media has covered Lohum for a total of 10 events in the last 1 year, 4 of them have been about company updates and 1 about partnerships.
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