Global lithium demand is set to quadruple by 2030<\/a>, to an estimated 3.1 million metric tons, fueled by the rapid expansion in EVs and the growing need for large-scale renewable energy batteries to combat the climate crisis. It also plays a critical role in various industries, including ceramics, lubricants, cement hardening for construction and the high-performance glass used in smartphones. However, last year\u2019s total lithium production from mining was only 180,000 metric tons<\/a>, only 5% of future demand, and global production is heavily concentrated in China, where 97% of European lithium<\/a> comes from, leading to a significant supply gap that highlights the urgent need for alternative sources. In addition, the EU is aiming to curb this dependence on the mining of raw materials with the EU\u2019s Battery Directive<\/a>, mandating that at least 80% of lithium must be recovered from batteries by 2031.<\/p>\r\n\r\n\r\n\r\n This all presents significant challenges for the battery recycling industry, as large-scale industrial recovery has yet to be successfully demonstrated. tozero is addressing this critical bottleneck by recycling lithium, thereby closing Europe’s lithium supply gap and providing a local resource to ensure stable availability for a growing number of industries.<\/p>\r\n\r\n\r\n\r\n Honda Xcelerator Ventures is thrilled to support tozero as they scale their technology and expand their team. This collaboration aligns with Honda Xcelerator Ventures\u2019 commitment to sustainable energy solutions that drive positive environmental impact, reinforcing our dedication to innovations that bring cleaner, efficient solutions to life.<\/p>\r\n\r\n\r\n\r\n Transforming lab concepts into industrial reality in two years<\/strong><\/p>\r\n\r\n\r\n\r\n tozero was founded in 2022 by serial entrepreneur and mechanical engineer, CEO Sarah Fleischer<\/a> and CTO Dr. Ksenija Milicevic Neumann<\/a>, a leading metallurgy expert. They first met when they were working in the space industry when Fleischer launched the early stage VC Orbital Ventures and startup incubator at ESRIC, while at the Luxembourg Space Agency, and Dr. Milicevic Neumann was working at an early-stage startup Maana Electric to develop technologies for solar panel production on the moon and mars. They came back together three years later and decided to fix the problems here on earth first, using Dr. Milicevic Neumann\u2019s breakthrough at RWTH Aachen University, recognized in Nature<\/a>, to solve Europe\u2019s battery waste and critical materials crisis. tozero has since advanced beyond this initial discovery by successfully scaling its technology \u2014 transforming lab concepts into industrial realities in just two years and thereby outpacing established companies within the hydrometallurgical industry.<\/p>\r\n\r\n\r\n\r\n Unlike traditional high-temperature smelting methods, which can result in the loss of lithium and graphite, while also generating significant emissions<\/a>, tozero\u2019s process makes it the first company in Europe to deliver recovered lithium to customers, while cutting emissions by an estimated 70%<\/a>, compared to conventional lithium mining.<\/p>\r\n\r\n\r\n\r\n In addition, tozero\u2019s agnostic approach to feedstock enables the recycling of various battery types, allowing for the production of high-purity recycled lithium that can be sold directly to industries for manufacturing end products. This asset-light, low-cost method means the company can integrate into both local and global supply chains with ease, already closely working with battery waste suppliers across more than 10 countries. Through this, tozero is creating a circular and local source of lithium, reducing Europe\u2019s reliance on imports and lowering the carbon footprint of those imports. This enables tozero to take a slice out of the lithium-ion battery recycling market that\u2019s on track to be worth $101 billion annually<\/a> by 2043.<\/p>\r\n\r\n\r\n\r\n Solving the critical materials crisis<\/strong><\/p>\r\n\r\n\r\n\r\n tozero\u2019s unique approach and high-efficiency recovery rate saw the company deliver its first batch of recycled high-purity lithium to commercial customers in April<\/a>, nine months after opening its pilot facility<\/a> in Munich. As well, it recently completed a pilot project with Circular Republic, demonstrating a stable lithium recovery rate hitting the 2031 EU recovery target of 80% within an OEM project involving BMW, MAN and Webasto, and is working with customers across the ceramics and construction industries. With tozero poised to industrialise its technology following the new funding, the company is on track to process 30,000 tonnes of battery waste annually by 2026 onwards, setting a new standard for sustainable battery recycling.<\/p>\r\n\r\n\r\n\r\n The recent funding takes the total raised by tozero to \u20ac17 million, including a \u20ac2.5 million grant from the European Innovation Council<\/a> (EIC). Among the notable angel investors are prominent figures from the automotive sector, including Martin Hofmann (CTO, Volta Trucks and former CIO of Volkswagen), Axel Strotbek (former board member, Audi), Jochem Heizmann (former board member, Volkswagen), also from the pioneer in the chemical industry Rudolf Staudigl (former CEO, WackerChemie) and startup icons, such as Maximilian W\u00fchr (CEO, FINN) and Jonas Rieke (COO, Personio), among others.<\/p>\r\n\r\n\r\n\r\n Sarah Fleischer, Co-founder and CEO of tozero, said: \u201cDespite our limited resources as a two-year-old startup we’ve already made human history by being the first to ever deliver recycled lithium for end products in Europe, while our competitors are still lingering on the topic for many years. I’m excited to see what our rockstar team will achieve next\u2014 we\u2019re establishing our FOAK plant now, but there is so much more we will be able to achieve in the future. We need a global solution tomorrow, as every moment counts as we fight the climate crisis. Together, let\u2019s truly bring lithium-ion battery waste to zero!\u201dAbout tozero:<\/strong> Honda Xcelerator Ventures welcomes tozero to its portfolio to drive sustainable lithium production in Europe M […]<\/p>\n","protected":false},"author":1,"featured_media":3178,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_locale":"ja","_original_post":"https:\/\/xcelerator.hondainnovations.com\/?p=3174","footnotes":""},"categories":[13],"tags":[],"class_list":["post-3905","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-press","ja"],"acf":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/xcelerator.hondainnovations.com\/wp-json\/wp\/v2\/posts\/3905","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/xcelerator.hondainnovations.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/xcelerator.hondainnovations.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/xcelerator.hondainnovations.com\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/xcelerator.hondainnovations.com\/wp-json\/wp\/v2\/comments?post=3905"}],"version-history":[{"count":1,"href":"https:\/\/xcelerator.hondainnovations.com\/wp-json\/wp\/v2\/posts\/3905\/revisions"}],"predecessor-version":[{"id":3906,"href":"https:\/\/xcelerator.hondainnovations.com\/wp-json\/wp\/v2\/posts\/3905\/revisions\/3906"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/xcelerator.hondainnovations.com\/wp-json\/wp\/v2\/media\/3178"}],"wp:attachment":[{"href":"https:\/\/xcelerator.hondainnovations.com\/wp-json\/wp\/v2\/media?parent=3905"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/xcelerator.hondainnovations.com\/wp-json\/wp\/v2\/categories?post=3905"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/xcelerator.hondainnovations.com\/wp-json\/wp\/v2\/tags?post=3905"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
<\/strong>tozero is a Munich-based startup co-founded by Sarah Fleischer and Dr. Ksenija Milicevic Neumann. The company’s target is to establish Europe’s leading lithium-ion battery recycling plant, focused on recovering critical materials such as lithium and graphite in a sustainable way. By reintroducing these materials into the supply chain, tozero aims to support the creation of new batteries while promoting a circular economy. Recently tozero, was awarded top honors at Hello Tomorrow’s 2024 Global Challenge and Hong Kong’s flagship pitch competition EPiC 2024 and named one of the top 100 impact startups globally by Norrsken two times in a row. This global recognition underscores tozero’s potential to lead in sustainable battery solutions worldwide. https:\/\/www.tozero.solutions\/<\/a><\/p>\r\n\r\n\r\n\r\n![\"\"](\"https:\/\/xcelerator.hondainnovations.com\/wp-content\/uploads\/2024\/11\/Tozero-Announcement-Founders-1536x1024-1.jpg\")
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