Startup · $30m raised
Brisbane, QLD
Every investor coverage indicates participated in a round VSPC raised.
| Investor | Rounds | Invested |
|---|---|---|
| ARENA | Grant | - |
| Australian Renewable Energy Agency (ARENA) | Grant | $30,000,000 |
Companies VSPC acquired or merged with, per published coverage. Buying a company is not investing in one: nothing here counts in the deals column.
Stories naming VSPC. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
ARENA commits $30m as a conditional grant so VSPC, a Livium subsidiary, can build a demonstration plant making battery cathode powder near Brisbane.
Also RenewEconomy·RenewEconomy
ASX-listed Livium has raised $4.5 million to expand its Envirostream battery recycling hub in Victoria, while its subsidiary VSPC continues talks to match a $30 million ARENA grant for a Brisbane cathode powder plant.
Battery unit VSPC reports growing investor interest after an Australian Renewable Energy Agency grant, while still seeking funds for its demonstration plant and appointing a US sales agent.
VSPC, Livium's battery subsidiary, wins a $30 million ARENA grant toward a cathode powder demonstration plant; the piece also recalls funding for AnteoTech, Li-S, Novonix and Energy Storage Industries, plus Redflow's administration.
Also RenewEconomy·RenewEconomy
A manufacturing roundup covering Redflex's agreed takeover by Verra Mobility, Jatcorp's investor placement, European patents for VSPC and Cortical Dynamics, Oventus's record device sales, and First Graphene's energy storage push.
Lithium Australia and its research partners have won a Cooperative Research Centre Projects grant for a $3.6 million lithium extraction project, with the company receiving $1.3 million to advance its LieNA process.
The Advanced Manufacturing Growth Centre is co-funding VSPC, a Lithium Australia subsidiary in Brisbane, to develop cathode production from recycled battery material, with university and corporate partners also involved.
Battery materials company Lithium Australia has secured $6.4 million from New York investor The Lind Partners via a convertible security, to grow its battery, cathode and recycling businesses.