Samsung Venture Investment and Helium-3 Ventures led a $30m Series A funding round in Princeton NuEnergy.

Samsung Venture Investment, a Samsung's corporate venture arm, and Helium-3 Ventures, a company that invests in seed and early-stage growth companies, led a $30m Series A funding round in Princeton NuEnergy, a lithium-ion battery direct recycling company. "The incredible interest in our Series A round, capped off by a strategic investment from Samsung Venture Investment Corporation and Helium-3 Ventures, speaks to the importance of supporting a circular economy for lithium battery manufacturing here in the US," Chao Yan, Princeton Co-Founder and CEO.