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tozero - About the company

tozero is a seed company based in Germany, founded in 2022 by Sarah Feng-Yuan Fleischer and Ksenija Milicevic Neumann. It operates as a Provider of lithium-ion battery recycling solutions. tozero has raised $15.5M in funding from Atlantic Labs and NordicNinja. The company has 22 active competitors, including 6 funded and 3 that have exited. Its top competitors include companies like Metastable Materials, Renewance and PowerTech Water.

Company Details

Provider of lithium-ion battery recycling solutions. It provides solutions to recover critical materials from lithium-ion batteries. It provides solutions to recover lithium, nickel, cobalt, manganese, graphite, and other materials.
Key Metrics
Founded Year
2022
Location
Stage
Seed
Total Funding
$15.5M in 2 rounds
Latest Funding Round
Ranked
Employee Count
43 as on May 31, 2026
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tozero's funding and investors

tozero has raised a total funding of $15.5M over 2 rounds. Its first funding round was on Sep 07, 2022. Its latest funding round was a Seed round on Nov 12, 2024 for $*****. 7 investors participated in its latest round. tozero has 11 institutional investors and 6 angel investors.

Here is the list of recent funding rounds of tozero:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Nov 12, 2024
3367360
Seed
5999690
2246030
8384403
1259410
Sep 07, 2022
2011432
Seed
6708454
6209028
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tozero's founders and board of directors

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

tozero's Board of Directors

tozero's board has 2 active members. Sarah Feng-Yuan Fleischer and Ksenija Milicevic Neumann are part of team.
Here is the list of tozero's board of directors:
Name
Type
Representing
Status
Duration
Team
-
Current
3y 7m
Team
-
Current
3y 7m

tozero's employee count trend

tozero has 43 employees as of May 26. Here is tozero's employee count trend over the years:
Employee count trend for tozero
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tozero's Competitors and alternates

Top competitors of tozero include Metastable Materials, Renewance and PowerTech Water. Here is the list of Top 10 competitors of tozero, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for tozero
tozero
2022, Germany, Seed
Provider of lithium-ion battery recycling solutions
$15.5M
59/100
2nd
Logo for Metastable Materials
Metastable Materials
2021, Bengaluru (India), Seed
Provider of end-to-end recycling services for lithium-ion batteries and products
$2.79M
49/100
3rd
Logo for Renewance
Renewance
2015, Chicago (United States), Seed
Provider of end-to-end lifecycle management services for industrial batteries
-
48/100
4th
Logo for PowerTech Water
PowerTech Water
2014, Lexington (United States), Series C
Provider of technology solutions for wastewater treatment
$19M
46/100
5th
Logo for Spiers New Technologies
Spiers New Technologies
2015, Oklahoma City (United States), Acquired
Battery management solution provider
$2.8M
37/100
6th
Logo for Recell.store
Recell.store
2023, Plymouth (United Kingdom), Unfunded
Platform that enables businesses to recycle and dispose electric vehicle battery packs
-
-
34/100
7th
Logo for Back2Basics
Back2Basics
2024, Aligarh (India), Unfunded
Manufacturer of sustainable lithium-ion battery materials from recycled sources
-
-
33/100
8th
Logo for Redux
Redux
1997, Offenbach (Germany), Acquired
Waste battery collection and recycling company
-
31/100
9th
Logo for AkkuSer
AkkuSer
2005, Nivala (Finland), Funding Raised
Portable battery recycling company
-
29/100
10th
Logo for Rebaba
Rebaba
2023, Stockholm (Sweden), Seed
Developer of circular battery systems
$500K
29/100
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tozero's Investments and acquisitions

tozero has made no investments or acquisitions yet.

Reports related to tozero

Here is the latest report on tozero's sector:

News related to tozero

Media has covered tozero for a total of 2 events in the last 1 year, 2 of them have been about company updates.
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