Altilium Metals is excited to announce an investment from K+U Ventures, an Amsterdam based clean technology investor in circular ventures that support the transition towards a sustainable global economy.
The new investment starts 2023 with growing momentum for Altilium Metals as a supplier of the technology metals needed for the energy transition by recycling existing waste streams, such as EV batteries and mine waste. As a part of the transaction, a member from K+U Ventures will join the advisory board of directors.
In today’s world critical minerals will become even more important as we seek to bolster our domestic industrial resilience and move away from polluting fossil fuels. This investment further propels the viability of Altilium Metals end-of-life EV battery recycling technology that will bring energy security to the UK and Europe and conserve our natural resources by reducing virgin raw material mining.
Altilium Metals is excited to join K+U Ventures existing investor base and looks forward to collaborating with the team in various areas including development of Altilium Metals environmental, social, and governance practices alongside more traditional financial measures.