BatX
Turning waste into high-performance critical and rare earth materials.
BatX was founded in 2020, is headquartered in Gurugram, India, lists 51–200 employees, and has $18.0M in recorded funding across 5 rounds.
- Headquarters
- Gurugram
- Employees
- 51–200
- Founded
- 2020
- Business Model
- B2B
- Website
- batxenergies.com
- Total Funding
- $18.0M
- Last Round
- $11.0M Series AJul 2026
- Rounds
- 5
Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.
Indexed holds 5 funding rounds and 6 investors for this company. The full record is or through the API.
About
BatX Energies is an Indian cleantech company founded in 2020 by Utkarsh Singh and Vikrant Singh, headquartered in Gurugram, Haryana, that specializes in lithium-ion battery recycling and critical mineral recovery using proprietary hydrometallurgical technology. The company operates a hub-and-spoke recycling infrastructure — including a commercial-scale HUB-1 facility in Sikandrabad, Uttar Pradesh capable of processing 5,100 MT of batteries annually — that recovers battery-grade lithium, cobalt, nickel, and manganese at over 99.5% purity using a zero-waste, zero-emission low-temperature process. Backed by institutional investors including IvyCap Ventures and Zephyr Peacock and government support from the Technology Development Board and Ministry of Heavy Industries, BatX has raised $18.6M to date and is building India's domestic circular battery supply chain to reduce dependence on imported critical minerals.
Summary
BatX is a Climate Tech company based in Gurugram, India, founded in 2020. It lists 51–200 employees. It has raised $18.0M in total across 5 rounds, most recently a $11.0M Series A round in Jul 2026. Investors include Zephyr Peacock, IvyCap Ventures and Venture Catalysts.
Tech & App Stack
1 technology or app tracked
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Funding History
Jul 2026
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Funding: Seed through Series A. Amounts, valuations, and investors where available.
Investors
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