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
Investors
Ranked
1st among 22 active competitors
Employee Count
43 as on May 31, 2026
Similar Companies
Legal entities associated with tozero
tozero is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
tozero GmbH CIN: HRB277738 , Germany, Active | Dec 31, 2021 | - | - |
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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 |
View details of tozero's funding rounds and investors
tozero's founders and board of directors
Founder? Claim ProfileThe founders of tozero are Sarah Feng-Yuan Fleischer and Ksenija Milicevic Neumann.
Here are the details of tozero's key team members:
- Sarah Feng-Yuan Fleischer: Co-Founder & CEO of tozero. They serve on the board of 1 company.
- Ksenija Milicevic Neumann: Co-Founder & CTO of tozero. They serve on the board of 1 company.
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 |
View details of tozero's Founder profiles and Board Members
tozero's employee count trend
tozero has 43 employees as of May 26. Here is tozero's employee count trend over the years:
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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:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Provider of lithium-ion battery recycling solutions | $15.5M | 59/100 | ||
2nd | Metastable Materials 2021, Bengaluru (India), Seed | Provider of end-to-end recycling services for lithium-ion batteries and products | $2.79M | 49/100 | |
3rd | Renewance 2015, Chicago (United States), Seed | Provider of end-to-end lifecycle management services for industrial batteries | - | 48/100 | |
4th | PowerTech Water 2014, Lexington (United States), Series C | Provider of technology solutions for wastewater treatment | $19M | 46/100 | |
5th | Spiers New Technologies 2015, Oklahoma City (United States), Acquired | Battery management solution provider | $2.8M | 37/100 | |
6th | Recell.store 2023, Plymouth (United Kingdom), Unfunded | Platform that enables businesses to recycle and dispose electric vehicle battery packs | - | - | 34/100 |
7th | Back2Basics 2024, Aligarh (India), Unfunded | Manufacturer of sustainable lithium-ion battery materials from recycled sources | - | - | 33/100 |
8th | Waste battery collection and recycling company | - | 31/100 | ||
9th | Portable battery recycling company | - | 29/100 | ||
10th | Developer of circular battery systems | $500K | 29/100 |
Looking for more details on tozero's competitors? Click here to see the top ones
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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Tozero opens industrial plant in Germany to produce recycled lithium and other critical materialsNew Electronics•Mar 27, 2026•tozero
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tozero raises €11M in seed funding to ramp up recycled lithium production capacityNordicNinja•Dec 11, 2024•tozero, NordicNinja, In-Q-Tel, Honda and 5 others
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Honda Xcelerator Ventures Invests in tozero in Seed FundingHonda Innovations•Nov 12, 2024•Honda Innovations, tozero, NordicNinja, JGC Holdings Corporation and 6 others
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Energy Source Receives USD1.2M Investment from inMotion VenturesFinSMEs•Feb 01, 2024•Energy Source, InMotion Ventures, Energysource, Cylib and 2 others
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Zero44 Conceals €2.5m For Co2 Emission ManagementTech Funding News•May 25, 2023•ZERO44, Atlantic Labs, tozero, Kadmos and 3 others
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Patch raises $55m in Series B round led by Energize VenturesPrivate Equity Wire•Sep 13, 2022•Patch, Energize Ventures, Coatue, Andreessen Horowitz and 8 others
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