Tech Company Financing Transactions
Adionics Funding Round
Adionics closed a $27 million Series B funding round on 11/29/2023. Backers included Bpifrance, Celeste Management and Ovive Technologies.
Transaction Overview
Company Name
Announced On
11/29/2023
Transaction Type
Venture Equity
Amount
$27,000,000
Round
Series B
Proceeds Purpose
The company intends to use the funds to accelerate its commercial expansion, R&D efforts, and workforce growth.
Company Information
Company Status
Private & Independent
Industry
Engineering
Mailing Address
17 bis avenue des Andes Les Ulis
Paris, 91940
France
Paris, 91940
France
Phone
Website
Email Address
Not Recorded
Overview
Developer of a saline water treatment technology intended to remove salts selectively out of the brine, seawater, or other salty waters. The company's technology permits industries to extract lithium and other salts from water by a liquid-liquid route with solvent stripping by the simple use of hot water without adding chemicals in the extraction or stripping phases, enabling clients to extract lithium and other valuable minerals through an efficient and economical process with a very low environmental impact.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Gabriel Toffani
Chief Financial Officer
Ronan Houssin
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