EnergyX is a technology company founded in 2018, focused on lithium extraction and battery energy storage solutions. The company is developing breakthrough direct lithium extraction and refinery technologies, as well as next-generation battery innovations to support the global transition to sustainable energy.

Teague Egan

EnergyX

EnergyX is a sustainable energy company focused on direct lithium extraction, refinery and battery technology.  Combining these technologies from brine to battery will create a process dramatically lowering the cost of lithium resources.  The company’s goal is to develop technology and assets that turn it into one of the premier, low-cost lithium providers for the growing lithium-ion battery industry.

The electric vehicle (EV) and energy storage revolution is generating high demand for lithium, with some analysts forecasting orders-of-magnitude demand increases.  As the EV market rapidly expands, millions of large-scale battery packs will be in demand.  The estimated annual production of EV’s is 20,000,000 per year.   For one 85-kWh car, the price of the lithium in the battery is approximately $2,945 per car.  Residential (home) and commercial batteries are also gaining market demand traction, and California has implemented law stating by 2020 all new homes will require solar arrays.  

Companies already producing lithium are attempting to increase production as battery cell manufacturers are scaling up lithium-ion production with mega factories and actively acquiring raw materials through long term off-take supply agreements.  In the Lithium Triangle, where 50-70% of the world’s known lithium reserve is located, current methods of extraction are based off outdated, natural evaporation pond technology, which takes 18 months, and loses 50-70% of the lithium due to co-precipitation. 

Our solution is to optimize and apply a highly scalable lithium extraction membrane to the process.  The ability to efficiently extract and aggregate the lithium elements from the salt brines using proprietary, multi-level, synthetic ion separation techniques can increase time efficiency by 100x and recovery rate by 300%.

FedDev

Canadian Technology Accelerator

Creative Destruction Lab (CDL)

BDC Capital's Growth & Transition Capital

Globalive Capital

Impact Investment Group

Armco Capital

Verstra Ventures

Atlantic Canada Opportunities Agency

MaRS Investment Accelerator Fund

As the world transitions away from fossil fuels toward a greener future, the lithium battery industry could grow fivefold by 2030 🔋📈

Our sponsor EnergyX visualizes how this shift could create over $400 billion in annual revenue opportunities globally.

https://lnkd.in/gD-7jzXG

Meet the Visionary Founders Pitching at our Litestream Ventures Annual Impact Investment Summit During World Economic Forum 2024!

We're thrilled to introduce the brilliant founders who will be pitching their groundbreaking ideas to our esteemed judging panel, exclusively comprised of Impact Venture Capitalists. Our event also boasts a distinguished audience, including General Partners, Limited Partners, family offices, angel investors, and high-net-worth individuals—bringing together a total of 70 to 100 influential guests. This promises to be an extraordinary occasion for impactful connections and discussions.

We are proud to present these innovative founders who are driving change with impact and actively shaping our future.

Get to know our dynamic pitching founders:

Teague Egan ⚡ 
EnergyX: Optimizing lithium extraction processes in clean technology.

Luca Scherrer and Lukas Lutz
Sphere Energy: An emerging battery tech firm with a multi-sided AI battery brain.

Larissa Posner
StyleScan®: Offering sustainable AI-powered merchandising visualization for fashion brands.

Darko Mandich
MeliBio: Focusing on plant biology, precision fermentation, and food science.

Daniel G.
Myeloid Therapeutics: A clinical stage mRNA-immunotherapy company developing novel cancer and autoimmune disease therapies.

Dragan Tutic and Alain-Olivier Desbois, CFA
Oneka Technologies: An award-winning impact-driven innovation company offering sustainable wave-powered desalination systems with zero energy cost and emissions.

Chris Cardé
HeyCharge: Providing charging infrastructure, payment systems, and installation for electric vehicles.

Thomas Williams
Assisted Living Project: Enhancing the lives of people with enduring illnesses through exceptional assisted living accommodation.

Jason Drummond
Medpal AI: An AI-powered personal health consultant revolutionizing healthcare management.

Tee Ganbold 🌏
Improvability AI: Your Chief Sustainability AI Officer - improving companies’ impact on the planet with generative AI.

Join us in Davos during the World Economic Forum on the 17th January 2024, and witness the transformative pitches of these visionary founders as we collectively #InvestInChange! To attend please rsvp on rsvp@lite-stream.com.

Sponsored by: Home Grown Club, FieldHouse Associates, The Neurodiversity Edge

#LitestreamVentures #Litestream #ImpactInvestment #WEF2024 #SDGs #InvestInChange #FoundersPitch #Innovation #WorldEconomicForum #EnergyX #SphereEnergyGhb #Stylescan #MeliBio #Myeloidtx #OnekaTechnologies #HeyCharge #AssistedLivingProject #Medpal #ImprovabilityAi #LitestreamVentures

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Company Name	EnergyX
Symbol
MSH ID	COM:ENERGYX
Market	PRIVATE
Sector	Technology
Industry	Energy, Lithium mining, Battery Energy Storage
Country	US
Stage
Employee Count	71
Website	energyx.com
LinkedIn	energyx
Founders

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Monthly Web Traffic	234.16K
Web Traffic Growth	-0.58
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Raised Capital	75M

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COM:ENERGYX

EnergyX

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