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DateInvestorsAmountRound
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N/A

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€4.0m

Early VC
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€7.0m

Early VC
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$27.0m

Series B
Total Funding€35.5m

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Adionics is a startup that has developed a unique solution for direct lithium extraction, a process that is crucial for the production of lithium batteries, which are in high demand due to the rise of electric vehicles (EVs) and clean energy technologies. The company's patented process uses liquid-liquid extraction technologies to selectively extract lithium chloride from lithium-rich brine, resulting in a purified lithium chloride concentrated brine.

This process is not only efficient but also environmentally friendly, as it requires very low energy and can be powered by renewable energy sources such as solar and geothermal energy. Additionally, it results in a limited CO2 footprint and maximizes the valorization of feed water through recycling.

Adionics serves clients in the lithium extraction and battery recycling industries. With the increasing demand for lithium due to the rise of EVs and clean energy technologies, the company is well-positioned in a rapidly growing market. By 2030, the amount of batteries available for recycling is expected to increase over 30 times, providing a significant opportunity for Adionics.

The company's business model is based on providing its patented lithium extraction technology to clients in the lithium extraction and battery recycling industries. It generates revenue by licensing its technology and providing related services.

Adionics is also investing in R&D to adapt its process and media to unlock lithium recycling from batteries, further expanding its potential market and revenue streams.

Keywords: Lithium Extraction, Battery Recycling, Renewable Energy, Low Energy Requirement, CO2 Footprint Reduction, Lithium Chloride, Brine, Electric Vehicles, Clean Energy Technologies, Patented Process.

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