Tech Company Financing Transactions
Summit Nanotech Funding Round
Capricorn Investment Group, Xora Innovation and BHP Ventures joined a $14 million Series A funding round for Summit Nanotech. The round was recorded on 3/1/2022.
Transaction Overview
Company Name
Announced On
3/1/2022
Transaction Type
Venture Equity
Amount
$14,000,000
Round
Series A
Investors
Proceeds Purpose
Funds will be used to advance the commercialization of Summit Nanotech's technology.
Company Information
Company Status
Private & Independent
Industry
Clean Tech
Mailing Address
253147 Bearspaw Road Calgary,
Alberta, T3L 2P5
Canada
Alberta, T3L 2P5
Canada
Phone
Undisclosed
Website
Email Address
Overview
Developer of lithium extraction technology designed to meet the energy storage needs of the future. The company's technology is focused on minimizing environmental impact while developing direct lithium extraction processes to deliver a reliable and consistent supply of battery-grade lithium products, enabling industries to use an inexpensive and sustainable source of lithium for batteries that can be used in portable devices, mobile gadgets, and electric vehicles.
Management Team
Title
Name
Email & Social
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