China's Tianneng New Materials raises $137m in Series A round

China's Tianneng New Materials raises $137m in Series A round

A MacBook lithium-ion battery. Photo by Mika Baumeister on Unsplash

Zhejiang Tianneng New Materials, which focuses on the recycling and disposal of waste lithium-ion batteries, has secured 1 billion yuan ($137.2 million) in a Series A round of financing.

Edited by: Padma Priya

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