Tech Company Financing Transactions
Cornish Lithium Funding Round
UK Infrastructure Bank, TechMet and The Energy & Minerals Group joined a $68 million funding round for Cornish Lithium. The financing round closed on 8/10/2023.
Transaction Overview
Company Name
Announced On
8/10/2023
Transaction Type
Venture Equity
Amount
$68,008,000
Round
Undisclosed
Investors
Proceeds Purpose
The funding package will accelerate progress toward creating a domestic supply of battery-grade lithium compound -- which is crucial to support the scaling up of domestic battery production for electric vehicles and battery energy storage solutions for renewable energy sources.
Company Information
Company Status
Private & Independent
Industry
Energy & Battery
Mailing Address
Tremough Innovation Centre Cornwall
Penryn, England, TR10 9TA
UK
Penryn, England, TR10 9TA
UK
Phone
Website
Email Address
Overview
Cornish Lithium is an innovative mineral exploration and development company providing the raw materials for the Green Industrial Revolution.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Jeremy Wrathall
Chief Financial Officer
Varshan Gokool
Chief Operating Officer
Patrick Forward
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Our team works diligently to document funding rounds that are announced publicly. VC transactions reported here are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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