NORAM Electrolysis Systems secures $5.6 million in funding to enhance lithium refining capacity through cleaner processes.
Amount Raised
C$5.6 Million
Round Type
Grant
VancouverManufacturingEnergyOil And GasRenewable EnergyInvestors
Description
NORAM Electrolysis Systems Inc. has obtained $5.6 million in funding from both the Government of Canada and British Columbia’s Innovative Clean Energy Fund. The funding will aid in developing a new electrochemical lithium refining platform, aiming to double processing capacity. This advancement is expected to reduce emissions and costs associated with traditional refining methods
Quick answer
NORAM Electrolysis Systems raised C$5.6 Million in a Grant round, dated June 9, 2026. Investors: British Columbia's Innovative Clean Energy Fund and Government Of Canada. NORAM Electrolysis Systems is based in Vancouver, British Columbia, Canada.
- How much did NORAM Electrolysis Systems raise?
- NORAM Electrolysis Systems raised C$5.6 Million in a Grant round on June 9, 2026.
- Who invested in NORAM Electrolysis Systems?
- British Columbia's Innovative Clean Energy Fund and Government Of Canada are named as investors in this round.
- What does NORAM Electrolysis Systems do?
- NORAM Electrolysis Systems Inc. (NESI) is a Vancouver-based electrochemical lithium refining company established in 2022.
- Where is NORAM Electrolysis Systems based and how big is it?
- NORAM Electrolysis Systems is based in Vancouver, British Columbia, Canada.
Source: Fundz verified event record.
Who else raised in Energy and Oil And Gas around the same time
Companies in the same sectors as NORAM Electrolysis Systems that raised within 45 days of this round, from Fundz verified event records.
- Sabanto raised an undisclosed amount (Series B) on July 14, 2026.
- Ampol raised $296M (Funding Round) on July 13, 2026.
- Dangote Petroleum Refinery and Petrochemicals FZE raised $2.5B (Private Equity) on July 24, 2026.
- ClearSign Technologies Corp raised $1.8M on July 22, 2026.
- GREEN-DA raised $3.3M (Pre-Series A) on July 21, 2026.
- Sofab Inks raised $6M (Seed) on July 21, 2026.
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