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Company profile: Li-Cycle

1.1 - Company Overview

Li-Cycle Logo

Li-Cycle

Headquarter: Canada
Founded: 20XX🔒
Employees: 100-500🔒

Company description

  • Provider of clean technology for recycling end-of-life lithium-ion batteries via patented Spoke & Hub Technologies that recover 80–100% of materials. Generation 3 Spokes mechanically process entire EV battery packs without disassembly or discharge, producing black mass and mixed copper/aluminum; Hubs refine black mass into battery-grade lithium carbonate and other critical materials.

Products and services

  • Spoke & Hub Technologies: Closed-loop system that recycles end-of-life lithium-ion batteries, safely recovering 80–100% of materials for reuse in new batteries via an environmentally friendly, economically viable process
  • Battery-grade lithium carbonate production: Hubs process black mass to produce battery-grade lithium carbonate and other critical materials for lithium-ion battery production
  • Battery materials (black mass) production: Industrial-scale Spokes generate black mass containing lithium, nickel, cobalt, and other materials recovered from recycled lithium-ion batteries

Key contacts

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Financial details

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1.2 - Competitors and similar companies to Li-Cycle

Black Bear Carbon Logo

Black Bear Carbon

HQ: The Netherlands Website
  • Description: Provider of sustainable materials from upcycling end-of-life tires: recovered carbon black for tires, technical rubber goods, plastics, inks, and coatings; tyre pyrolytic oil for energy generation or chemical processes; tyre pyrolytic gas used internally to fuel production; and carbon black grades NEPtune 50/70 for coatings and inks, and BBC TR30/TR30S for technical rubber goods.
  • Rationale: This competitor operates in a highly similar market segment with overlapping features.
  • Company type: Private company
  • Employees: ●●●●●
  • Total funding raised: $●●●m
  • Backers: ●●●●●●●●●●
  • Acquisitions: ●●
View full Black Bear Carbon company profile →
Recy Systems Logo

Recy Systems

HQ: United Kingdom Website
  • Description: Provider of software for the recycling and waste management business, offering standard and customized solutions for materials including steel scrap, non-ferrous metals, paper, wood, glass, plastic and textiles, serving over 600 customers across Europe, Asia, Africa and North America.
  • Rationale: This competitor operates in a highly similar market segment with overlapping features.
  • Company type: Private company
  • Employees: ●●●●●
  • Total funding raised: $●●●m
  • Backers: ●●●●●●●●●●
  • Acquisitions: ●●
View full Recy Systems company profile →
TerraLink Logo

TerraLink

HQ: United States Website
  • Description: Provider of software products and ASP Web solutions for companies that generate, handle, ship, and store hazardous materials; Terralink Data eXchange management tools ensure regulatory compliance, minimize liability risk, and streamline paperwork.
  • Rationale: This competitor operates in a highly similar market segment with overlapping features.
  • Company type: Private company
  • Employees: ●●●●●
  • Total funding raised: $●●●m
  • Backers: ●●●●●●●●●●
  • Acquisitions: ●●
View full TerraLink company profile →
Tomra Logo

Tomra

HQ: Norway Website
  • Description: Provider of sensor-based solutions for optimal resource productivity, helping customers improve financial results and reduce environmental impact. Offerings include collection and reverse vending for beverage containers, food sorting and processing, waste and metal recycling, mining solutions, the TOMRA Insight data platform, and AUTOSORT PULSE for alloy scrap to produce green aluminum.
  • Rationale: This competitor operates in a highly similar market segment with overlapping features.
  • Company type: Private company
  • Employees: ●●●●●
  • Total funding raised: $●●●m
  • Backers: ●●●●●●●●●●
  • Acquisitions: ●●
View full Tomra company profile →
Polykar Logo

Polykar

HQ: Canada Website
  • Description: Provider of polyethylene film, recycled garbage bags, packaging, and food-approved bags in the manufacturing industry.
  • Rationale: This competitor operates in a highly similar market segment with overlapping features.
  • Company type: Private company
  • Employees: ●●●●●
  • Total funding raised: $●●●m
  • Backers: ●●●●●●●●●●
  • Acquisitions: ●●
View full Polykar company profile →
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2.M&A buyers

2.1 Potential strategic acquirers in the sector

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2.2 - Strategic buyer groups for Li-Cycle

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Buyer group 1: ████████ ████████

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Buyer group 2: ████████ ████████

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Buyer group 3: ████████ ████████

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3. Investors and private equity firms

3.1 - Buyout funds investing in similar companies to Li-Cycle

2.2 - Growth funds investing in similar companies to Li-Cycle

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4 - Top valuation comps for Li-Cycle

4.2 - Public trading comparable groups for Li-Cycle

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4.3 - M&A Transactions similar to Li-Cycle

Selected M&A transactions

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Frequently Asked Questions

About Li-Cycle

What does Li-Cycle do?

Li-Cycle is a provider of clean technology for recycling end-of-life lithium-ion batteries via patented Spoke & Hub Technologies that recover 80–100% of materials. Generation 3 Spokes mechanically process entire EV battery packs without disassembly or discharge, producing black mass and mixed copper/aluminum; Hubs refine black mass into battery-grade lithium carbonate and other critical materials.

Who are Li-Cycle's competitors?

Li-Cycle's competitors and similar companies include Black Bear Carbon, Recy Systems, TerraLink, Tomra, and Polykar.

Where is Li-Cycle headquartered?

Li-Cycle is headquartered in Canada.

How many employees does Li-Cycle have?

Li-Cycle has 1,000 employees 🔒.

When was Li-Cycle founded?

Li-Cycle was founded in 2010 🔒.

What sector and industry vertical is Li-Cycle in?

Li-Cycle is in the Enterprise Software 🔒 sector and industry

M&A Buyers & Acquirers for Li-Cycle

Who are the top strategic acquirers in Li-Cycle's sector and industry

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Financial Investors investing in Li-Cycle's sector and industry vertical

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Who are the top buyout funds acquiring in Li-Cycle's sector and industry vertical?

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Valuation benchmarks of companies in Li-Cycle's sector and industry

Which are the key public companies that are relevant trading comps benchmarks for Li-Cycle?

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What are recent M&A transactions in Li-Cycle's sector and industry vertical?

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What are recent capital raises and funding rounds in Li-Cycle's' sector and industry vertical?

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