Li-Cycle announces $100M investment from Koch Strategic Platforms 09:06 LICY Li-Cycle Holdings announced that Koch Strategic Platforms, KSP, a subsidiary of Koch Investments Group, will make a $100M investment in Li-Cycle through purchase of a convertible note to support the Company's rapidly expanding growth opportunities in North America, Europe and Asia. In addition to the new capital, the Company along with several Koch Industries subsidiaries are exploring opportunities to accelerate Li-Cycle's global growth strategies. This includes potentially working with Koch Engineered Solutions which provides engineering, procurement, and construction services, as well as the Optimized Process Designs group , a capability of KES, which provides detailed engineering packages, single point procurement for all equipment and materials, fabrication, and construction services. Li-Cycle and KES are exploring commercial opportunities to support the global deployment of incremental Spoke facilities and to enhance execution and operational readiness for the Company's Rochester Hub. "KSP's investment in Li-Cycle will further fund and accelerate the growth of our lithium-ion battery recycling footprint in North America and globally, as we scale our efficient and proven technology globally to grow in lockstep with our customers and pursue new market opportunities," said Ajay Kochhar, co-founder and Chief Executive Officer of Li-Cycle.