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Munich-based tozero raises €11 million to expand recycled lithium production

  • Munich-based battery recycling startup tozero has raised €11 million in a seed funding round.
  • The funding round was led by NordicNinja, with participation from In-Q-Tel, Honda, and JGC Group.
  • tozero focuses on sustainable lithium-ion battery recycling to address Europe's lithium supply gap.
  • The funding will support the construction of an industrial-scale plant and expand production of recycled lithium.

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