Novalith is commercialising a novel lithium extraction and refining technology that directly uses and sequester carbon dioxide to provide a low carbon, sustainable approach to lithium chemicals production. Our technology aims to substantially reduce production costs, improve sustainability outcomes, and ultimately revolutionise the global battery supply chain.
Location: Australia, New South Wales, Sydney
Employees: 1-10
Total raised: $25.5M
Founded date: 2020
Investors 2
| Date | Name | Website |
| - | Virescent ... | virescent.... |
| - | Grantham F... | granthamfo... |
Funding Rounds 2
| Date | Series | Amount | Investors |
| 18.04.2023 | Series A | $23M | - |
| 25.10.2021 | Seed | $2.5M | - |
Mentions in press and media 11
| Date | Title | Description |
| 29.01.2024 | CEFC-backed Virescent Ventures entrenches position as Australia's largest specialist climate tech VC as portfolio surpasses $260M | SYDNEY, Jan. 29, 2024 /PRNewswire/ -- Australia's pioneer climate tech VC Virescent Ventures today confirmed its specialist portfolio is over $260 million, having backed 33 innovative climate tech businesses and funds/incubators. Kristin Va... |
| 24.04.2023 | China EVs rising, Tesla loses profit ground and Lyft preps for deep cuts | The Station is a weekly newsletter dedicated to all things transportation. Sign up here — just click The Station — to receive the full edition of the newsletter every weekend in your inbox. Subscribe for free. Welcome back to The Station, y... |
| 20.04.2023 | Australia-based Novalith Technologies raises AU$ 23 million in Series A | Sydney, Australia-based creator of a lithium extraction process, Novalith Technologies, raised AU$ 23 million in Series A funding. The round took place on April 19, 2023. Lowercarbon Capital led the financing for the company. |
| 19.04.2023 | Novalith Technologies Raises AU$23M in Series A Funding | Novalith Technologies, a Sydney, Australia-based creator of a lithium extraction process, raised AU$23M in Series A funding. The round was led by Lowercarbon Capital, with participation from the Clean Energy Finance Corporation (CEFC), the ... |
| 18.04.2023 | Novalith Technologies Raises $23 Million In Series A Funding To Revolutionise Lithium Production | Virescent Ventures portfolio company Novalith Technologies has announced their A$23m Series A to build a processing plant that uses their |
| 18.04.2023 | Novalith Receives Investment from TDK Ventures | Novalith Technologies, a Sydney, Australia-based lithium-extraction startup, received an investment from TDK Ventures, the CVC arm of TDK Corporation (TSE: 6762). The amount of the deal was not disclosed. The company intends to use the fund... |
| 26.10.2021 | Lithium extraction startup Novalith raises $2.5 million seed round | Novalith Technologies, a climate technology startup that’s developed a more environmentally friendly extraction process for lithium, has raised $2.5 million in a seed round. The raise was led by the CEFC’s Clean Energy Innovation Fund, whic... |
| 25.10.2021 | Novalith raises $2.5m seed funding to launch its clean lithium extraction technology | SYDNEY, Oct. 25, 2021 /PRNewswire/ -- Novalith Technologies Pty Ltd ("Novalith"), an Australian climate technology company targeting the global lithium market, has successfully raised AU$2.5 million in a seed funding round. Novali... |
| 25.10.2021 | Novalith Raises $2.5M in Seed Funding | Novalith, a Sydney, Australia-based climate technology company, raised $2.5M in Seed funding. The CEFC, through the Clean Energy Innovation Fund, has made a $1.5 million investment in the seed round, which also drew support from the US-base... |
| 25.10.2021 | Novalith raises $2.5m seed funding to launch its clean lithium extraction technology | SYDNEY, Oct. 25, 2021 /PRNewswire/ -- Novalith Technologies Pty Ltd ("Novalith"), an Australian climate technology company targeting the global lithium market, has successfully raised AU$2.5 million in a seed funding round. Novali... |
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