Battery rejuvenation start-up Green Li-ion has secured US$3.45 million ($4.59 million) in seed funding a year after its launch.

The funding round is led by cleantech SPAC LiNiCo Corporation and co-invested by circular economy leader TES, venture capital HAX SOSV and talent investor Entrepreneur First (EF). 

This follows Green Li-ion’s pre-seed funding of US$400,000, the highest among its EF Singapore 2020 cohort of 10 companies.

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