Orbia, Koura, Hitachi, JLR, TDK, Doral and Trumpf took part in a second $70m round to be announced by the battery recycling service provider in under a month.

Chemicals producer Orbia led a $70m funding round for US-based battery recycling and manufacturing services provider Battery Resourcers on Tuesday that included corporates Koura, Hitachi, Jaguar Land Rover (JLR), Doral Energy, TDK and Trumpf.

Orbia, conglomerate Hitachi, carmaker JLR, electronics manufacturer TDK and industrial tool supplier Trumpf invested through Orbia Ventures, Hitachi Ventures, InMotion Ventures, TDK Ventures and Trumpf Ventures respectively.

Fluoroproduct manufacturer Koura and renewable power infrastructure developer Doral Energy took part in the round directly, as did venture…

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Fernando Moncada Rivera

Fernando Moncada Rivera is a reporter at Global Corporate Venturing and also host of the CVC Unplugged podcast.
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