Battery recycling tech firm Ace Green Recycling raises $7-M from Circulate Capital, others

Ghaziabad-based Ace Green Recycling, a battery recycling technology company, has raised over USD 7 million in a funding round led by Circulate Capital. Climate Angels also participated in the round along with angel investors. The startup has raised about USD 10 million to date, including this round. Ace Green claims to have created the world's cleanest and most effective lead-acid battery recycling technology and is focusing on the development of fossil fuel-free li-ion battery recycling technology. The startup has a recycling plant in Delhi-NCR and plans to expand its footprint in international markets including Thailand. It is also exploring Vietnam and Dubai.