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EnergyX logo — company profile

EnergyX

Founded 2018 United States Austin, United States 94 employees Series B Total: $574.47M ESG, Renewable Energy

General Information

Company Name EnergyX
Founded Year 2018
Location United States Austin, United States +3
Employees 94
Industries ESG, Renewable Energy
Funding Stage Series B
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About EnergyX

EnergyX is a sustainable energy company founded in 2018 and based in the United States. The company focuses on direct lithium extraction, refinery, and battery technology with the aim of becoming a premier, low-cost lithium provider for the growing lithium-ion battery industry. The $50.00M Series B investment from Posco on 17 October 2023 indicates investor confidence in the company's potential. The global demand for lithium is projected to increase significantly due to the electric vehicle (EV) and energy storage revolution. EnergyX aims to address this demand by creating a process that significantly lowers the cost of lithium resources. With an estimated annual production of 20,000,000 EVs, the market for large-scale battery packs is set to expand, underpinning the increasing need for lithium. EnergyX's innovation lies in its approach to lithium extraction. Current methods, predominantly reliant on outdated natural evaporation pond technology, are inefficient and result in high lithium loss. In response, EnergyX has developed a highly scalable lithium extraction membrane and proprietary ion separation techniques, which significantly increase time efficiency and recovery rates. As the sustainable energy and electric vehicle sectors continue to grow, EnergyX is well-positioned to play a pivotal role in revolutionizing lithium production and supply. With its innovative technologies, the company is poised to make a substantial impact in the renewable energy industry.

Funding Rounds & Investors (6)

View All
Funding Stage Amount Investors Lead Investors Date
Series B •••••• 4
Investor
•••• •••• 		17 Oct 2023
Series B •••••• 1
Investor
11 Apr 2023
Venture Round •••••• 2
Investor Investor
22 Jul 2022
Series A •••••• 2
Investor
•••• •••• 		03 May 2021
Equity Crowdfunding •••••• 1 •••• •••• 19 Apr 2021

View All 6 Funding Rounds

EnergyX Alternatives & Competitors

EnergyX vs
Powerit
Powerit United States

Aluminum-ion energy storage to electrify and decarbonize the transportation sector.

15 employees
Energy, Information Technology
Compare EnergyX vs Powerit
EnergyX vs
Sila Nanotechnologies, Inc.
Sila Nanotechnologies, Inc. United States

We engineer materials to power our future.

Series F+
414 employees
Compare EnergyX vs Sila Nanotechnologies, Inc.
EnergyX vs
TOB NEW ENERGY LIMITED
TOB NEW ENERGY LIMITED China

TOB has been 20years in supply battery machine and materials for battey research,lab line,pilot line...

14 employees
Industrial, Manufacturing
Compare EnergyX vs TOB NEW ENERGY LIMITED

FAQ About EnergyX

EnergyX is a sustainable energy company focused on direct lithium extraction, refinery and battery technology. Combining these technologies from brine to battery will create a process dramatically lowering the cost of lithium resources. The company’s goal is to develop technology and assets that tur...
EnergyX was founded in 2018.
EnergyX is headquartered in Austin, United States.
EnergyX operates in the following industries: ESG, Renewable Energy.
EnergyX has approximately 94 employees.
EnergyX has completed 6 funding rounds, raising a total of $574.47M. The latest funding stage is Series B.
Top alternatives and competitors to EnergyX include Powerit, Sila Nanotechnologies, Inc., TOB NEW ENERGY LIMITED , VARTA AG, Sunlight Group. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
EnergyX and Powerit are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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