Exclusive: Impact investors inject €3.5M into critical mineral startup – 'strengthens European resilience'
18 nov. 2025
17:32
Denmark’s Nordic Salt Cycle has raised €3.5m in a pre-seed funding led by EIFO, Ananda Impact Ventures, and The Footprint Firm to bring its molten-salt recycling technology to market.
Copenhagen-based Nordic Salt Cycle has secured €3.5m to commercialise a molten-salt technology designed to extract critical minerals from old tech such as EV batteries, wind turbines, and electronics.
The round was led by EIFO, Denmark’s state-owned green-transition investment fund, with participation from existing investors The Footprint Firm and German impact fund Ananda Impact Ventures.