Lithios
Lithios is a technology company.
Financial History
Lithios has raised $10.0M across 1 funding round.
Frequently Asked Questions
How much funding has Lithios raised?
Lithios has raised $10.0M in total across 1 funding round.
Lithios is a technology company.
Lithios has raised $10.0M across 1 funding round.
Lithios has raised $10.0M in total across 1 funding round.
Lithios has raised $10.0M in total across 1 funding round.
Lithios's investors include Breakthrough Energy Ventures, Clean Energy Ventures.
Lithios is an MIT spinout developing Advanced Lithium Extraction (ALE), a patented electrochemical technology that extracts battery-grade lithium from brines more efficiently, sustainably, and at lower cost than traditional methods.[2][3][4][5] The company serves resource owners, oil and gas firms, and mining companies by enabling production from tough, low-concentration brines in the US and globally, addressing lithium supply shortages for EVs and clean energy while slashing water use, energy needs, and chemical reagents.[1][2][3][4] With pilots running since June 2025 and shipments to partners like one in Arkansas, Lithios shows strong growth momentum, planning a 10-100 ton/year demo in 2026 and a 25,000 ton/year commercial plant by 2027—potentially multiplying US lithium output.[2]
Lithios was founded in 2022 by Dr. Mo Alkhadra, who completed his PhD in Chemical Engineering at MIT, with Prof. Martin Bazant (MIT) as Chief Scientist.[2][3] The idea emerged from Alkhadra's research on electrochemical lithium extraction, guided by MIT’s Venture Mentoring Service, Sandbox Innovation Fund, and Massachusetts Clean Energy Center; it officially launched post-PhD with an Activate Fellowship.[2] Early traction included growth at MIT's The Engine incubator, a move to a Medford, MA pilot facility in 2024, and continuous pilot operations since June 2025 testing global brines, plus shipping an early system to an Arkansas partner.[2] Backed by investors like Clean Energy Ventures, these milestones validated the tech amid rising domestic lithium demand.[3]
Lithios stands out in lithium extraction through its electrochemical ALE platform, mimicking battery cells to selectively capture lithium ions via electrode stacks, then release them into clean water—eliminating chemicals, solvents, and evaporative ponds.[2][3][4][6]
Lithios rides the explosive demand for lithium driven by EV batteries, grid storage, and clean energy transitions, where global shortages and geopolitical risks (e.g., Lithium Triangle dependencies) threaten supply chains.[2][3][5] Timing is ideal amid US pushes for domestic production—current output under 5,000 tons/year—via incentives like the Inflation Reduction Act, as Lithios' tech overcomes high costs, water scarcity, and regulations blocking traditional methods.[2][3] Market forces favoring it include brine abundance in US oilfields and ARPA-E funding for circularity; by enabling 25,000+ tons/year facilities, Lithios influences the ecosystem by securing sustainable supplies, reducing China reliance, and accelerating battery tech adoption.[2][3][5][6]
Lithios is primed to scale rapidly, with 2026 demos yielding 10-100 tons/year, a 2027 commercial plant at kiloton scale, and full 25,000-ton facilities by decade's end via partners in oil/gas and mining.[2] Trends like AI-optimized manufacturing and policy-driven reshoring will boost its edge, potentially evolving it into a lithium production leader that transforms US energy independence. This positions Lithios to deliver the unmatched value promised from day one, fueling the next era of clean tech innovation.[1][2]
Lithios has raised $10.0M across 1 funding round. Most recently, it raised $10.0M Seed in October 2024.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Oct 1, 2024 | $10.0M Seed | Breakthrough Energy Ventures, Clean Energy Ventures |