Lithium Extraction Company Novalith Technologies Raises $15.7 Million in Series A Funding

The company plans to use the funding to scale up and commercialize its LiCAL technology

April 21, 2023

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Novalith Technologies, a lithium extraction and refining company, has secured AU$23 million (~$15.7 million) in Series A funding. Lower carbon Capital led the round with participation from Clean Energy Finance Corporation (CEFC), the Grantham Environmental Trusts’ Neglected Climate Opportunities Fund, TDK Ventures, and Investible.

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