Altilium
Builds and operates the UK's first electric vehicle battery recycling facility to recover materials from end-of-life EV batteries.
Overview
Altilium is developing and operating the UK's first commercial electric vehicle battery recycling facility, focused on processing end-of-life EV batteries and recovering constituent materials for reuse. The company targets the domestic EV battery waste stream and material supply needs within the United Kingdom. Altilium's primary differentiator is its status as the first dedicated EV battery recycling plant planned in the UK. In April 2026 the company raised £18.5M (reported $19M) in an undisclosed round to fund construction and initial operations; total disclosed funding is $19M.
Funding History
Altilium secures £18.5M to build UK’s first EV battery recycling facility
Frequently Asked Questions
- How much has Altilium raised in total?
- Altilium has raised a total of $19M across 1 funding round.
- Who are Altilium's investors?
- Altilium's investors include DRIVE35 Scale-Up Fund, Advanced Propulsion Centre UK, Innovate UK.
- What does Altilium do?
- Altilium is developing and operating the UK's first commercial electric vehicle battery recycling facility, focused on processing end-of-life EV batteries and recovering constituent materials for reuse. The company targets the domestic EV battery waste stream and material supply needs within the United Kingdom. Altilium's primary differentiator is its status as the first dedicated EV battery recycling plant planned in the UK. In April 2026 the company raised £18.5M (reported $19M) in an undisclosed round to fund construction and initial operations; total disclosed funding is $19M.
- Where is Altilium headquartered?
- Altilium is headquartered in United Kingdom.
Investors
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