Li-Cycle Corp.’s Series C Round Financing

Freshfields advised Li-Cycle Corp. on the deal.

Li-Cycle Corp., North America’s largest lithium-ion battery recycling company, made a Series C equity financing round to fund the development of its Rochester, New York Commercial Hub and to drive expansion into international markets. Li-Cycle’s recycling technology and processes provide an end-of-life cycle solution for lithium-ion batteries used in automotive (electric vehicles), energy storage, consumer electronics, and other industrial and household applications. Moore Strategic Ventures, LLC led the financing round, with additional investment provided by CC Industries, a Henry Crown Corporation.

The Freshfields corporate team was led by counsel Andrea Basham (Picture) and associate Briony Driscoll, with consultation from corporate partners Paul Tiger and Michael Levitt. All are based in the New York office.

Involved fees earner: Andrea Basham – Freshfields Bruckhaus Deringer LLP; Briony Driscoll – Freshfields Bruckhaus Deringer LLP; Michael Levitt – Freshfields Bruckhaus Deringer LLP; Paul Tiger – Freshfields Bruckhaus Deringer LLP;

Law Firms: Freshfields Bruckhaus Deringer LLP;

Clients: Li-Cycle Corp. ;

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Author: Ambrogio Visconti