What is Adionics?
Adionics is at the forefront of developing and deploying innovative technologies for the direct extraction of lithium from brines. Their proprietary liquid-liquid extraction process, which utilizes the organic phase Flionex, is engineered to produce high-purity lithium chloride with enhanced efficiency and a reduced environmental footprint. This sustainable approach is particularly relevant for the burgeoning electric vehicle industry and the growing demand for lithium battery recycling, positioning Adionics as a key player in meeting global decarbonization objectives through responsible resource management.
How much funding has Adionics raised?
Adionics has raised a total of $27M across 1 funding round:
Series B
$27M
Series B (2023): $27M with participation from Bpifrance, Supernova Invest, SQM, Ovive, and Céleste Management
Key Investors in Adionics
Bpifrance
Bpifrance is a French public investment bank that finances companies across all stages of development, supporting innovation and international expansion.
Supernova Invest
Supernova Invest is a venture capital firm focused on deeptech leaders in industrial technologies, digital, healthcare, and cleantech, providing expertise and patient capital.
SQM
SQM is a Chilean chemical company with a significant focus on lithium production, alongside plant nutrients, iodine, and industrial chemicals.
What's next for Adionics?
The substantial enterprise-level funding and strategic investment signal a pivotal growth phase for Adionics. This capital infusion is expected to accelerate the company's expansion, likely focusing on scaling production capabilities, further research and development into their extraction technologies, and potentially broadening their market reach. The Series B financing suggests Adionics is moving beyond its initial development stages and is poised for significant commercial deployment, aiming to solidify its position as a leader in sustainable lithium production.
See full Adionics company page
