Startup Atlas · Battery Recycling

Metastable Materials

Metastable Materials Private Limited Bengaluru, Karnataka Founded 2021 metastable.in ↗

Bengaluru-based deep-tech startup that recycles spent lithium-ion batteries using a proprietary, chemical-free Integrated Carbothermal Reduction process, extracting lithium, cobalt, nickel, copper and aluminium and selling them as refined commodity metals to industrial buyers.

Shubham Vishvakarma · Co-founder Manikumar Uppala · Co-founder Saurav Goyal · Co-founder
UndisclosedTotal funding (tracked)
2Funding rounds
3 Apr 2023Last round

Metastable Materials: Funding Rounds

Recent Signals

  • 16 Jul 2026 · growth-traction
    Revenue starts flowing in 2025; capacity utilisation doubling each quarter source
  • 16 Jul 2024 · org-team
    Appoints Daniel Troedsson, ex-Alelion Batteries/Volvo Energy executive, as strategic advisor source
  • 9 Apr 2024 · growth-traction
    Plans new factory as Bengaluru facility runs at 5 tonnes/day extraction capacity source
  • 3 Apr 2023 · growth-traction
    Opens 21,000 sq ft urban mining facility on the outskirts of Bengaluru source

News on Metastable Materials

No coverage of Metastable Materials linked yet.

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FAQs on Metastable Materials

Who founded Metastable Materials?

Metastable Materials was founded by Shubham Vishvakarma, Manikumar Uppala, Saurav Goyal in 2021.

What does Metastable Materials do?

Bengaluru-based deep-tech startup that recycles spent lithium-ion batteries using a proprietary, chemical-free Integrated Carbothermal Reduction process, extracting lithium, cobalt, nickel, copper and aluminium and selling them as refined commodity metals to industrial buyers.

Where is Metastable Materials headquartered?

Metastable Materials is headquartered in Bengaluru, Karnataka, India.

What is Metastable Materials's business model?

Metastable Materials's core value proposition centers on Domestic, sustainable raw-material supply, Chemical-free extraction with over 90% recovery, Safer battery handling.

How does Metastable Materials make money?

Metastable Materials's cited revenue streams include Sale of refined commodity metals, Revenue ramp since 2025.

Sources & corrections. Every fact on this page is compiled from cited public sources — follow the "source" links beside each entry. Profile sources: www.pv-magazine-india.com · Last verified 7 Sep 2026. · Report a correction