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Pure Lithium

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Pure Lithium is sustainably commercializing lithium metal negative electrodes for the next-generation of batteries

Chicago, United StatesFounded 2020Transportation
Valuation $50–100M Last recorded · 2024
Headcount <100 Current team size
Total funding $10–50M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Pure Lithium and the history behind them.

About Pure Lithium

Pure Lithium is a technology startup that has developed a groundbreaking method for producing battery-ready pure lithium metal electrodes. These electrodes are used in the creation of next-generation energy storage solutions, specifically lithium metal batteries. The company's innovative approach utilizes readily available lithium salts and electrons to create ultra-thin lithium metal electrodes, significantly reducing the costs associated with traditional lithium metal foil production.

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The company's target market includes manufacturers of electric vehicles (EVs) and other industries that require high-capacity, efficient, and cost-effective energy storage solutions. Pure Lithium's business model is centered around the production and sale of these battery-ready electrodes, which are designed to be incorporated into lithium metal batteries.

One of the key selling points of Pure Lithium's technology is its cost-effectiveness. The company claims to eliminate 90% of the costs involved in traditional lithium metal foil production, producing a battery-ready electrode of unprecedented quality and purity for less than $50 kWh. This could potentially pave the way for the mass adoption of EVs by making the batteries more affordable.

Another significant advantage of Pure Lithium's technology is its safety. The company has developed the first rechargeable non-flammable lithium metal battery, which uses Pure Lithium's electrode, polymer, and inorganic liquid electrolytes. This makes the batteries safer to use, which could be a significant selling point for potential clients.

In addition, Pure Lithium's technology is sustainable and efficient. It uses a variety of inexpensive, readily available feedstocks and goes from lithium salts to pure lithium metal electrodes in one step. This not only reduces costs but also minimizes the environmental impact of the production process.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2020
Headquarters
Chicago, United States
Employees
27
Open positions
3
Dealroom signal
63.3/100
Sub-industry
Energy Storage, Vehicle Production
Sector
Transportation, Intellectual Property, Battery, Spinout, Sustainable Development Goals, EV Battery Tech, EV Battery Production, Solid-State Battery, EV Battery
Technology
Hardware, Deep Tech
Business model
Manufacturing
Client focus
b2b
Investment activity
1 company, latest Oct 2024
Capital deployed
—
Preferred round
ACQUISITION

Funding history

6 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
GRANT✓Other financing Mar 2025 $0 — US Department of Energy ↗
SERIES A✓Equity / VC Mar 2024 $15M $60M Oxy Low Carbon Ventures ↗
Showing the latest 2 of 6 recorded eventsBook a demo for the full funding history →

Growth signals

Pure Lithium website traffic

Latest recorded traffic for Pure Lithium is 3K monthly website visits, up 7.1% over the last three months. Pure Lithium's team grew 12.5% over the past year.

Latest monthly visits3K 3-month web change+7.1% 1-year team growth+12.5%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Similar companies

Closest operating peers by Dealroom taxonomy

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Investments and acquisitions

Capital deployed

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

Investors

4 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

  • US Department of Energy

Series A2 investors entered at this stage

  • Energy Capital Group
  • Oxy Low Carbon Ventures

Other known investors1 additional known investor

  • Massachusetts Institute of Technology
Team profiled 7 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 2 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
1 countries with
team presence
🇺🇸 United States100%
1 country shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Pure Lithium 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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