How much funding has BatX raised?

BatX has raised $18.0M in total funding, most recently a Series A round.

Who are BatX's investors?

BatX's investors include Zephyr Peacock, IvyCap Ventures, Venture Catalysts, Survam Partners, LetsVenture.

Where is BatX headquartered?

BatX is headquartered in Gurugram, India.

BatX

Turning waste into high-performance critical and rare earth materials.

Gurugram, India · Founded 2020 · $18.0M raised

Climate Tech

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

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 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.