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EnergyX

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Building disruptive technologies to optimize the lithium extraction process

Austin, United StatesFounded 2018Energy
Valuation $250–500M Last recorded · 2023
Headcount 100–500 Current team size
Total funding $500M–1B Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for EnergyX and the history behind them.

About EnergyX

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.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2018
Headquarters
Austin, United States
Employees
100
Open positions
2
Dealroom signal
81.7/100
Sub-industry
Clean Energy, Energy Storage
Sector
Energy, Mining Technologies, Lithium-Ion Batteries, Battery, Spinout, Sustainable Development Goals, EV Battery Production, EV Battery, Climate Tech
Technology
Hardware, Deep Tech
Business model
Manufacturing
Client focus
b2b

Funding history

7 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
LATE VCOther financing Oct 2023 $0 — Posco ↗
SERIES BOther financing Apr 2023 $50M $200M GM Ventures ↗
Showing the latest 2 of 7 recorded eventsBook a demo for the full funding history →

Growth signals

EnergyX website traffic

Latest recorded traffic for EnergyX is 740K monthly website visits, up 23.3% over the last three months. EnergyX's team grew 3.1% over the past year.

Latest monthly visits740K 3-month web change+23.3% 1-year team growth+3.1%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Open positions

Openings linked to this company in Dealroom
1 distinct opening shownExplore hiring signals →

Similar companies

Closest operating peers by Dealroom taxonomy

Company identity and context are open; selected comparison metrics preview what is available on the platform.

Showing 8 of the closest matchesCompare every metric →

Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

6 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Seed1 investor entered at this stage

Series A3 investors entered at this stage

  • University of Texas at Austin
  • Helios Capital
  • GM Ventures

Series B and later2 investors entered at this stage

  • Global Emerging Markets
  • Posco
Team profiled 13 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 3 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
🇺🇸 United States · Austin HQ
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Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about EnergyX on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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