Cleantech Company Summit Nanotech Closes Us$14M Series A Round To Advance Sustainable Lithium Extraction
Amount Raised
$14 Million
Round Type
Series A
CalgaryInformation TechnologySustainabilityArtificial IntelligenceTransportationDescription
Summit Nanotech Corporation, a leader in sustainable lithium extraction, announced today the closing of a Series A investment round of US$14M, co-led by Xora Innovation (an early-stage deep tech investing platform of Temasek) and Capricorn’s Technology Impact Fund, along with BHP Ventures. Funds will be used to advance the commercialization of Summit Nanotech’s technology.
Quick answer
Summit Nanotech raised $14 Million in a Series A round, dated March 1, 2022. Summit Nanotech is based in Calgary, Alberta, Canada.
- How much did Summit Nanotech raise?
- Summit Nanotech raised $14 Million in a Series A round on March 1, 2022.
- What does Summit Nanotech do?
- Summit is a leading provider of direct lithium extraction (DLE) technology for the lithium mining industry.
- Where is Summit Nanotech based and how big is it?
- Summit Nanotech is based in Calgary, Alberta, Canada. Fundz records about 101 employees.
- Who are the decision-makers at Summit Nanotech?
- Fundz holds 1 contact at Summit Nanotech, including the CEO. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Sustainability and Transportation around the same time
Companies in the same sectors as Summit Nanotech that raised within 45 days of this round, from Fundz verified event records.
- PassiveLogic raised $15M (Funding Round) on April 12, 2022.
- CAIS raised $100M on April 6, 2022.
- Autobrains raised $19M (Series C) on March 10, 2022.
- Pony AI raised an undisclosed amount (Series D) on March 7, 2022.
- 6 Estates raised $6.2M (Series B) on February 21, 2022.
- Proteins raised an undisclosed amount (Funding Round) on February 16, 2022.
Who to call at Summit Nanotech, and when
A new round usually means Summit Nanotech is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Summit Nanotech raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Summit Nanotech, from your own LinkedIn network
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Funding Insights
What this usually meansSummit Nanotech raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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