With $50M raised in Series B funding, EnergyX is making waves in the renewable energy semiconductor manufacturing industry.
April 16, 2023
Founded by Teague Egan, EnergyX is a startup that has a big mission - to become a worldwide leader in the global transition to sustainable energy. With $50M raised in Series B funding and GM Ventures as their investors, EnergyX is making waves in the renewable energy semiconductor manufacturing industry. The company is fundamentally changing the way we power our world and store clean energy with breakthrough direct lithium extraction and refinery technologies, as well as more effective battery and energy storage solutions.
EnergyX's Brine to Battery™ technology has developed radical innovations that impact all aspects of the battery supply chain, from brine lithium extraction and refinement to the development of solid-state batteries with high safety and energy densities. Lithium-ion batteries are currently in every cell phone, laptop, tablet, and power tool, and EnergyX's innovations are making it possible for more massive amounts of lithium batteries to be used in electric vehicles, large grid-scale storage, and home battery storage. As the world witnesses a global shift to sustainable energy, EnergyX is leading the charge toward a sustainable future by developing the most highly demanded natural resource in the world - lithium.