Tech Company Financing Transactions
Lithios Funding Round
On 10/8/2024, Lithios raised $12 million in funding from Clean Energy Ventures, GS Futures and Lowercarbon Capital.
Transaction Overview
Company Name
Announced On
10/8/2024
Transaction Type
Debt
Venture Equity
Venture Equity
Amount
$12,000,000
Round
Undisclosed
Investors
Proceeds Purpose
The company intends to use the funds to scale its R&D, manufacturing, and operations, and accelerate the development of commercial projects to produce thousands of tons of lithium carbonate annually.
Company Information
Company Status
Private & Independent
Industry
Manufacturing
Mailing Address
750 Main Street
Cambridge, MA 02139
USA
Cambridge, MA 02139
USA
Phone
Undisclosed
Website
Email Address
Not Recorded
Overview
We are commercializing a new electrochemical platform to produce sustainable, low-cost lithium from vast untapped resources. Lithios's patented Advanced Lithium Extraction (ALE) solution enables resources owners to produce low-cost lithium from the toughest brines. Lithios ALE minimizes processing requirements, which reduces costs, process inputs, and environmental impacts.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Mo Alkhadra
Chief Operating Officer
Vicki Fan
Chief Scientific Officer
Martin Bazant
VP - Bus. Development
Omar Shkeir
VP - Bus. Development
Oscar Turner
VP - Operations
Anna Scheidt
VP - R & D
Mike Wang
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