EnergyX

Energy Storage & BatteriesSeries BAustin, USenergyx.com

Latest round

Series B

Last raised

Apr 2023

Total raised

$70M

Investors

8

About EnergyX

Based in Texas, US, and founded in 2018 by Chief Executive Officer Teague Egan, Energy Exploration Technologies, Inc. doing business as EnergyX, is a renewable energy company providing battery supply chain solutions from brine lithium extraction and refinement to the development of batteries. In October 2023, Energy Exploration Technologies, Inc. Energy Exploration Technologies, Inc. developed a product known as lithium-ion transport and separation (LiTAS), which helps in lithium extraction from brine sources and improves lithium recovery for battery use. LiTAS uses technologies such as adsorments technology, solvent extraction, and membranes for improving direct lithium extraction, and helps to produce a wide range of battery materials including lithium hydroxide, lithium carbonate, and lithium metal. The company provides SOLIS battery technology, which is an advanced lithium metal battery design, that improves energy density and reduces charging times. As of 2024, the firm operates in various locations such as Texas, Puerto Rico, and Chile. In addition, the firm plans for a lithium project in the Ark-La-Tex region in the US.

Who invested in EnergyX

8 investors across 2 rounds

See all investors in EnergyX

Sign up free to see every VC on the cap table, the rounds they joined, and how much each round raised.

Funding rounds

  1. Series B

    Apr 11, 2023

    Amount

    $50M

    Investors

    Locked

  2. Series A

    May 3, 2021

    Amount

    $20M

    Investors

    Locked

Questions about EnergyX

Who invested in EnergyX?

EnergyX has 8 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has EnergyX raised?

EnergyX has raised 2 venture rounds. Sign up free to see how much each round raised and the total.

When did EnergyX last raise money?

EnergyX's most recent round on record is a Series B, in Apr 2023.

What does EnergyX do?

Based in Texas, US, and founded in 2018 by Chief Executive Officer Teague Egan, Energy Exploration Technologies, Inc.

Where is EnergyX headquartered?

EnergyX is headquartered in Austin, US.

Which VCs invest in companies like EnergyX?

Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back energy storage & batteries companies at EnergyX's stage. Their profiles are linked below.

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