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Stage

Dead | Dead

Total Raised

$2M

About Libox

Libox offers a platform and interface designed for syncing, sharing and viewing digital media for free.

Headquarters Location

Israel

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Latest Libox News

Recyclus Launches LiBox for Waste Lithium-ion Battery Storage

Nov 13, 2023

Nov 13, 2023 London, United Kingdom: Leading British battery recycling business, Recyclus Group, has developed a market-leading solution for the safe storage and transportation of lithium-ion (Li-ion) batteries, the LiBox, which is now available for use across all sectors including automotive, portable devices and industrial. The LiBox is a pallet-sized, steel fabricated box, UN-certified and ADR compliant - the highest global standard for transporting hazardous goods. LiBox is rated to a 20kWh power rating, the highest in the industry, and can control thermal conditions of up to 2,000 degrees Celsius. Each box is filled with layers of Lithium Battery Fire Protection Pillows designed to contain and extinguish fires – should they occur – preventing risk of damage to property, people and the environment. The design of the box is modular, so any damaged parts can be simply swapped out and replaced for ongoing use. The LiBox provides a logistics solution to the rising demands for safe storage and handling of end-of-life Li-ion batteries, particularly in need in the automotive sector, with the number of EVs now on the road. Known for its safety credentials and electrification vision, automotive retail group Waylands has taken delivery of its first LiBoxes and is using these to store waste lithium-ion batteries across its Volvo retail network sites in Bristol, Reading and Oxford. Robin Brundle, Director and Co-Founder of Recyclus Group, said “Recyclus is the one-stop provider for managing lithium-ion battery waste in the UK. There is a growing issue across the UK where these batteries are being stored on commercial properties unsafely and without an onward processing plan. LiBox is a simple solution that de-risks a business and, combined with our recycling facility, enables the materials to be moved on for sustainable processing and reuse.” Richard Spencer, Group Aftersales Director at Waylands comments, “With the ever-growing increase of battery electric and hybrid vehicles, we continue to prepare our workshops for the growing demand in aftersales and vehicle parc of the future. Within our dealerships, we already carry out many EV repairs on a regular basis and have been delighted to obtain suitable safe storage for these products which, as we know carry potential stability risks when damaged or under repair. Recyclus offers a one stop shop that allows us to safely store and recycle these batteries, reducing the risk of any incident and containing what could be a very damaging event should a cell fail.” Recyclus also offers a full ADR-certified nationwide collection service with its business partner, Slicker, to ensure the safe transport of battery waste to its Li-ion recycling facility, LiBatt, in Wolverhampton. As the UK’s first industrial-scale Li-ion battery recycling centre, LiBatt is fully licensed to process 22,000 tonnes each year – equivalent to more than 48,000* electric vehicle batteries. The site provides storage for up to 100 tonnes of Li-ion batteries (equivalent to around 200 EV batteries). About Recyclus Group Recyclus Group is a British business founded in 2019 to lead the creation of a sustainable circular economy for battery materials. Recyclus opened the first industrial-scale lithium-ion battery recycling plant, LiBatt, in the UK in July 2023. Its industry-leading end-to-end recycling process reduces reliance on virgin materials and closes the loop by enabling the use of high-quality recycled black mass materials. Through its in-house, industrial-scale lithium-ion and lead-acid battery recycling technologies, and UN-certified LiBox battery boxes, Recyclus Group prioritises the safety and sustainability of battery recycling practices to ensure a responsible approach to the energy transition. Recyclus Group is 48% owned by Technology Minerals. The two businesses are aligned in their commitment to developing a closed loop ecosystem in the global battery industry through strategic mineral exploration projects and industry-leading recycling facilities.

Libox Frequently Asked Questions (FAQ)

  • What is Libox's latest funding round?

    Libox's latest funding round is Dead.

  • How much did Libox raise?

    Libox raised a total of $2M.

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