How much has NEU Battery Materials raised?

NEU Battery Materials has raised $11.88M across 3 sourced rounds on record. The latest is $7.6M (Series A), announced October 12, 2026.

Who invested in NEU Battery Materials?

Investors on record for NEU Battery Materials: ComfortDelGro, Lotus Singapore Group, M7 Holdings, Momentum Capital, Paragon Capital Management, Paragon Ventures, Se-cure Waste Management, SGInnovate and 1 other. SGInnovate led its latest sourced round.

Who founded NEU Battery Materials?

NEU Battery Materials was founded by Bryan Oh and Kenneth Palmer.

Where is NEU Battery Materials based?

NEU Battery Materials is based in Singapore, Singapore.

NEU Battery Materials

Lithium battery recycling company

Latest funding

$7.6M Series A · October 12, 2026

Led by SGInnovate · Source: chemanalyst.com

Total raised: $11.88M across 3 sourced rounds

All 3 rounds ↓

Website: neumaterials.com.

LinkedIn: linkedin.com.

Categories: Robotics and hardware Climate and energy Manufacturing and industrial.

Sectors: Energy, Manufacturing, Recycling, Waste Management.

Stage: Series A.

Based in: Singapore, Singapore.

Total raised: $11.88M in 3 sourced rounds.

Last round: Oct 12, 2026 · 11 days ago.

Domain age: 5 years.

On Recent Funding since: Oct 15, 2026.

About NEU Battery Materials

NEU Battery Materials is a company based in Singapore, Singapore. Recent Funding lists it under Robotics and hardware (also Climate and energy). It raised $7.6M in a Series A round in October 2026, led by SGInnovate, according to chemanalyst.com. Recent Funding has 3 sourced rounds on record for it, totaling $11.88M, the first in June 2022. Investors on record include ComfortDelGro, Lotus Singapore Group, M7 Holdings, Momentum Capital and 3 others. It was founded by Bryan Oh and Kenneth Palmer.

TIMELINE · MONEY RAISED

NEU Battery Materials | 400 days from website to first raise on record

Raised $12M in 3 sourced rounds·1 signal before the first raise

Money raised, round by round (amounts linked to their source). Pins are dated signals; hover the icons for dates.

Funding rounds

October 12, 2026
Series A · $7.6M
SSGInnovate (lead), SShift4Good (lead), LLotus Singapore Group, MM7 Holdings, PParagon Ventures
Source: chemanalyst.com
July 4, 2023
Seed · $3.7M
SSGInnovate (lead), CComfortDelGro, PParagon Capital Management, SShift4Good
Source: businesstimes.com.sg
June 22, 2022
Seed · $575.9K
MMomentum Capital, SSe-cure Waste Management
Source: prnewswire.com
May 18, 2021
Website created

Founders and team

BO
Bryan Oh Founder
KP
Kenneth Palmer Founder

Investors

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Questions and sources

NEU Battery Materials: questions and answers

How much has NEU Battery Materials raised?: NEU Battery Materials has raised $11.88M across 3 sourced rounds on record. The latest is $7.6M (Series A), announced October 12, 2026.
Who invested in NEU Battery Materials?: Investors on record for NEU Battery Materials: ComfortDelGro, Lotus Singapore Group, M7 Holdings, Momentum Capital, Paragon Capital Management, Paragon Ventures, Se-cure Waste Management, SGInnovate and 1 other. SGInnovate led its latest sourced round.
Who founded NEU Battery Materials?: NEU Battery Materials was founded by Bryan Oh and Kenneth Palmer.
Where is NEU Battery Materials based?: NEU Battery Materials is based in Singapore, Singapore.

Every amount links to the page it came from. * Estimated from an accelerator's published standard deal, not a company-specific disclosure. How Recent Funding sources and verifies funding data. The same data as JSON: /api/v1/companies/neu-battery-materials (get a free API key).