# NEU Battery Materials funding: rounds and investors

> NEU Battery Materials has raised $11M across 2 rounds since 2023. Investors include SGInnovate, Shift4Good and M7 Holdings. Every round with its source.

Source: https://millionrounds.com/company/neu-battery-materials (Millionrounds; every figure on the page links to its filing or article)

Singapore · [Seed startup](https://millionrounds.com/companies)

# Who invested in *NEU Battery Materials*

2 rounds we have observed, with the 5 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Climate Tech Energy Logistics Supply Chain

Raised this month

Funding summary Updated 26 Oct 2026

**$11M** raised across 2 rounds since 2023, from 4 sources

**$3.7M** Seed **$7.6M** Round

- **Latest round:** Round, $7.6M Oct 2026
- **Led by:** SGInnovate and Shift4Good
- **Step-up i:** 2.1×
- **Investors:** 5 (2 led)

See who backed them

## The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2024 2025 2026

**$3.7M** Seed

**$7.6M** Round

- **First round:** Seed, $3.7M
- **Biggest round:** $7.6M
- **Between rounds:** 3.3 years

## The rounds

- **Oct 2026** Round **$7.6M** *5 new* [SGInnovate](https://millionrounds.com/fund/sginnovate) Lead [Shift4Good](https://millionrounds.com/fund/shift4good) Lead [M7 Holdings](https://millionrounds.com/fund/m7-holdings) [Lotus Singapore Group](https://millionrounds.com/fund/lotus-singapore-group) [Paragon Ventures I](https://millionrounds.com/fund/paragon-ventures-i) Reported by Pulse 2.0 and 2 others
- **Jul 2023** Seed **$3.7M** No investor was named in the report. Source recorded

## Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

**Seed** 2023 **Round** 2026 [SGInnovate](https://millionrounds.com/fund/sginnovate) L [Shift4Good](https://millionrounds.com/fund/shift4good) L [M7 Holdings](https://millionrounds.com/fund/m7-holdings) [Lotus Singapore Group](https://millionrounds.com/fund/lotus-singapore-group) [Paragon Ventures I](https://millionrounds.com/fund/paragon-ventures-i)

## Everyone who backed them

[SGInnovate](https://millionrounds.com/fund/sginnovate) VC firm **1** round, led 1

[Shift4Good](https://millionrounds.com/fund/shift4good) VC firm **1** round, led 1

[M7 Holdings](https://millionrounds.com/fund/m7-holdings) Angel network **1** round

[Lotus Singapore Group](https://millionrounds.com/fund/lotus-singapore-group) Investment firm **1** round

[Paragon Ventures I](https://millionrounds.com/fund/paragon-ventures-i) VC firm **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=neu-battery-materials).

## Quick answers about NEU Battery Materials

### Who invested in NEU Battery Materials?

NEU Battery Materials's investors include SGInnovate, Shift4Good, M7 Holdings, Lotus Singapore Group and Paragon Ventures I. SGInnovate led its latest round.

### How much has NEU Battery Materials raised?

NEU Battery Materials has raised $11M across 2 rounds since 2023.

### When did NEU Battery Materials last raise?

NEU Battery Materials's most recent round, $7.6M, was in Oct 2026, led by SGInnovate.

### What was NEU Battery Materials's biggest round?

Its most recent round, $7.6M in Oct 2026, is also its largest on record.

### Who backed NEU Battery Materials first?

NEU Battery Materials's first round on record, in Oct 2026, was backed by SGInnovate, Shift4Good and M7 Holdings and 2 others.

### What stage is NEU Battery Materials at?

NEU Battery Materials's latest named round is a Seed, in Jul 2023.

### Where is NEU Battery Materials based?

NEU Battery Materials is based in Singapore.

### Who led NEU Battery Materials's rounds?

SGInnovate led the funding round in 2026.

## Companies like NEU Battery Materials

In the same sector, and raised in the last eighteen months.

[**Carro** $182M · Sept 2026](https://millionrounds.com/company/carro)[**I-Pulse** $365M · Jul 2026](https://millionrounds.com/company/i-pulse)[**Vena Energy** $1.5B · Jun 2026](https://millionrounds.com/company/vena-energy)[**Amperesand** $110M · Jun 2026](https://millionrounds.com/company/amperesand)[**Baskit** $8.5M · Apr 2026](https://millionrounds.com/company/baskit)[**Charge+** $14M · Apr 2026](https://millionrounds.com/company/charge)

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