EnergyX

EnergyX

Building disruptive technologies to optimize the lithium extraction process. Learn more
  • Edit
DateInvestorsAmountRound
-

N/A

-
N/A

N/A

Spinout

$1.0m

Seed
N/A

$530k

Angel
N/A

$20.0m

Series A
*

$450m

Growth Equity VC
*

$50.0m

Series B
*

N/A

Late VC
Total FundingAUD806m

Recent News about EnergyX

Edit
More about EnergyXinfo icon
Edit

EnergyX is a startup founded in 2018 that is revolutionizing the energy sector with its innovative technologies. The company operates in the renewable energy market, specifically focusing on lithium extraction and energy storage solutions. EnergyX's primary clients are likely to be other businesses in the energy sector, particularly those involved in the production and storage of renewable energy.

The company's business model revolves around its proprietary technologies. The first is a breakthrough direct lithium extraction and refinery technology, which simplifies the process of converting brine into sellable products. This is particularly significant given the growing demand for lithium, a key component in batteries for electric vehicles and renewable energy storage systems. Over the next 10 to 20 years, lithium is expected to become one of the most sought-after natural resources in the world.

In addition to lithium extraction, EnergyX is also developing more effective battery and energy storage solutions. These next-generation batteries are expected to usher in a new era of e-mobility and significantly reduce carbon emissions.

EnergyX generates revenue by licensing its technologies to other businesses in the energy sector. As the world continues to transition away from fossil fuels towards renewable energy sources, the demand for EnergyX's technologies is expected to grow.

Keywords: EnergyX, startup, renewable energy, lithium extraction, energy storage, e-mobility, carbon emissions, sustainable energy, battery technology, energy transition.

Tech stack

Group
Tech stackLearn more about the technologies and tools that this company uses.