DREV

Gothenburg, Sweden · Founded 2023 · Privately Held (backing)

Developer of sweeping technologies designed to capture and recycle waste materials generated during battery manufacturing. DREV is based in Gothenburg, Sweden and was founded in 2023. Its last reported valuation was $9 million in Mar 2024. It has raised $4.3 million.

Last reported valuation
$9.0M
Oct 2026
Priced at
—
Total raised
$4.3M
Last round
—

DREV key facts

as of Oct 2026
  • Developer of sweeping technologies designed to capture and recycle waste materials generated during battery manufacturing.
  • DREV is valued at approximately $9.0M as of Oct 2026 (last reported valuation).
  • It has raised $4.3M; the latest was Early Stage VC ($3.3M) in Nov 2025.
  • Notable investors include Almi Invest, Battle Born Venture, EIT Manufacturing, Unconventional Ventures, Butterfly Ventures — 10 tracked in total.
  • Status: Privately Held (backing).
Last reported valuation
LOW confidence
$9.0M

DREV's last reported valuation, Mar 2024. Nothing priced has surfaced since.

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DREV funding rounds

No rounds on record

No funding rounds for DREV are on record yet — either the company hasn't raised institutional capital, or the raise hasn't surfaced in our sources.

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DREV valuation

DREV's last reported valuation was $9 million in Mar 2024. No priced round, secondary trade or fund mark has surfaced since.

DREV investors

10 investors are on record for DREV, including Almi Invest, Battle Born Venture, EIT Manufacturing and Unconventional Ventures.

About DREV

Developer of sweeping technologies designed to capture and recycle waste materials generated during battery manufacturing. The company aims to eliminate the need for water and harsh chemicals in the process and promote a more sustainable option for battery production, enabling manufacturers to safely collect and reuse black dust particles, a byproduct of battery creation, and convert them into valuable resources.

Sector
Business Products and Services (B2B)
HQ
Gothenburg, Sweden
Founded
2023
Employees
5
Website
drev.tech/
Ownership
Privately Held (backing)

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