# KMX Technologies

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/kmx-technologies

- Industry: Materials
- Headquarters: Mississauga, Canada
- Website: www.kmxtechnologies.com/
- Total disclosed funding: $5.3M
- Latest round: Seed (Aug 13, 2024)
- Investors on record: 4

## About

Founded in 2020 and based in Ontario, Canada, KMX Technologies operates as a mining company that mines and produces lithium and other minerals-based products. In August 2024, KMX Technologies raised approximately USD 5.3 million in venture funding led by PureTerra Ventures, including Archer Private Investments, TETRA Technologies, Inc., and European Investment Fund. As of 2024, the company is led by its CEO, Zachary Sadow.

The company specializes in advanced separation technologies that enhance the sustainable extraction of lithium and critical minerals while also offering next-generation water treatment solutions. The firm’s proprietary technology excels in separating pure water from waste particles at low temperatures, enabling the capture of valuable minerals and constituents. This approach supports zero-liquid discharge, purifying waste streams, and promoting sustainable practices. Its technology also ensures that critical minerals needed for applications like electric vehicles, defense systems, and communications are secured with minimal environmental impact.

The organization plans to use the August 2024 funding to commercialize its lithium processing products, retool battery metal production, and diversify its operations.

## Funding rounds

- Seed, Aug 13, 2024, $5.3M — European Investment Fund, PureTerra Ventures, Archer Private Investments, TETRA Technologies, Inc.

## Investors

- European Investment Fund (https://capitalatlas.ai/funds/european-investment-fund) — Seed
- PureTerra Ventures (https://capitalatlas.ai/funds/pureterra-ventures) — Seed
- Archer Private Investments — Seed
- TETRA Technologies, Inc. — Seed