ARENA funds breakthrough battery cathode technology project
ARENA commits $30m as a conditional grant so VSPC, a Livium subsidiary, can build a demonstration plant making battery cathode powder near Brisbane.
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Startup · $30m raised
Maker of LFP and LMFP powders for battery cathodes, building a demonstration factory in Brisbane
Brisbane, QLD
Every investor coverage indicates participated in a round VSPC raised.
| Investor | Rounds | Invested |
|---|---|---|
| Australian Renewable Energy Agency | Grant | $30,000,000 |
| ARENA | Grant | - |
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.
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