Lithion Recycling Inc. (“Lithion”) and General Motors Co. (NYSE: GM) today announced that GM Ventures, the automaker’s investment arm, has made a strategic investment in Lithion’s Series A financing round, supporting a new GM-Lithion strategic partnership agreement to pursue a circular battery ecosystem using Lithion’s advanced battery recycling technology.

Lithion Recycling Inc. has received C$22.5 million dollars in funding from the Quebec government, including a C$15 million equity investment in the company’s capital stock through Investissement Québec and C$7.5 million in grants from the Fonds d’électrification et de changements climatiques.

Heather Smith joined 50 other senior women dealmakers consisting of private equity, investment banking and lending professionals at BDO’s “Influential Women in Middle Market M&A”.

Lithion Recycling, Inc. (“Lithion”) is proud to announce it has reached an agreement with IS Dongseo Company Ltd (“ISD”), a Korea-based leading ESG company with an environmental business segment, for an exclusive business right for the use of its lithium-ion battery recycling technology on the Korean market.

Lithion Recycling Inc. (“Lithion” or the “Company”) is proud to announce it has reached financial close of a first tranche of Series A equity with a strategic group of investors led by IMM Investment Global Limited (“IMM Global”) and supported by Fondaction and its managed fund, the LCC Fund. The size of the first round is expected to reach up to C$125 million. IMM Global will join the Company’s Board of directors as a result of their significant investment.

Ancoris Capital Partners acted as the exclusive financial advisor to Aledia on its €20 million follow-on equity financing completed with undisclosed parties. This financing represents the second transaction that Ancoris has completed for Aledia in the last several months and complements the €80 million raise completed with Société de Projet Industriel (“SPI”), Intel Capital and other existing investors in October 2020.

Heather Smith joined other senior women executives in Mergers & Acquisitions’ Most Influential Women Speak event. The 2-day virtual conference included keynote presentations, fireside chats, interactive panel discussions, and breakout sessions with female dealmakers, including private equity partners, investment banking directors and other advisory decision makers.

The Mochi Ice Cream Co., makers of My/Mo Mochi Ice Cream and the largest branded manufacturer of mochi ice cream in North America, and its majority owner, Lakeview Capital, Inc., announced a closing of a financing in partnership with Bregal Partners, a New-York based private equity firm focused on investing in middle market companies within consumer and food sectors and committed to promoting corporate social responsibility in all aspects of its business.

Company closes first of 3 tranches in Series D round. Backing will be used to complete product development near Grenoble and create a new display manufacturing facility based on Aledia’s proprietary technology of 3D microLEDs.

Ancoris Capital Partners acted as the exclusive financial advisor to Enerkem Inc. (“Enerkem”) on a follow-on financing of Senior Convertible Notes completed by Aegon. This investment complements the Senior Convertible Notes placed by Ancoris to Avenue’s Sustainable Solutions Fund and BlackRock in April 2020.

Heather joined approximately 50 other senior women in investment banking and private equity to participate in a BDO sponsored event to share market insights.

Ancoris Capital Partners acted as the exclusive financial advisor to Enerkem Inc. (“Enerkem”) on its C$40 million Senior Convertible Note financing from Avenue’s Sustainable Solutions Fund and BlackRock.