Pure Lithium

Overview

Pure Lithium is an innovative technology company headquartered in Charlestown, Massachusetts. It was co-founded by Emilie Bodoin and Professor Donald R. Sadoway in 2019. The company is pioneering the creation of pure lithium metal electrodes and aims to revolutionize lithium metal battery technology. Recently, Pure Lithium secured $15 million in Series A funding to advance its groundbreaking Brine to Battery™ extraction technology.

Recent Developments

  • November 2024: Pure Lithium's CEO, Emilie Bodoin, forecasts that lithium-ion batteries may become obsolete due to innovations in lithium metal technology. The company has faced challenges, yet continues to push for high energy density batteries without using elements like nickel, cobalt, or graphite.
  • March 2024: Pure Lithium completed a $15 million Series A funding round, led by Oxy Low Carbon Ventures. This funding is intended for scaling their innovative lithium metal anode production.
  • Q3 2024: The company entered a joint development agreement with E3 Lithium to establish a lithium metal anode and battery pilot plant in Alberta, Canada.
  • Early 2024: Pure Lithium has been enhancing its leadership team and exploring market expansion due to strategic synergies with production partners.

Company Information

AttributeInformation
Founding Date2019
HeadquartersCharlestown, Massachusetts
FoundersEmilie Bodoin, Donald R. Sadoway
RevenueNot publicly disclosed
ProfitsNot publicly disclosed
Key InvestorsOxy Low Carbon Ventures
IndustryBattery Technology, Renewable Energy
Number of EmployeesNot publicly disclosed

Early History

Pure Lithium was founded in 2019 by Emilie Bodoin and Professor Donald R. Sadoway in Charlestown, Massachusetts. The company was established with the aim of overcoming significant barriers in the lithium metal battery production space. Initially, it focused on developing a viable method for creating battery-ready pure lithium metal electrodes using abundant and cost-effective lithium salts. The founders capitalized on emerging technologies to improve resource extraction and battery performance, positioning Pure Lithium at the forefront of next-generation energy solutions.

Company Profile and Achievements

Since its inception, Pure Lithium has been dedicated to advancing lithium metal battery technology through its proprietary Brine to Battery™ process. The company's innovative approach to producing battery-ready pure lithium metal electrodes promises unprecedented cost efficiency and performance enhancements, crucial for applications in electric vehicles and other high-capacity energy storage solutions.

  • 2019: Pure Lithium was founded.
  • 2023: The company made significant progress in its Brine to Battery™ technology, enabling rapid production of lithium anodes directly from aqueous sources.
  • 2024: Generated over 800 cycles with 97% capacity retention battery metrics. This achievement illustrates the robustness and efficiency of their technology.

Current Operations and Market Position

Pure Lithium is actively engaged in research and development to refine its Brine to Battery™ process. The strategic partnership with E3 Lithium signals its expansion into Canada and illustrates Pure Lithium's commitment to scaling its operations. The company's technology addresses key industry challenges by providing clean, efficient, and cost-effective lithium solutions that are poised to meet the ballooning demand for lithium-ion alternatives in the EV market.

Conclusion

Pure Lithium stands at a significant juncture in the lithium battery industry, with its pioneering technology offering promise for a more sustainable and efficient future. By focusing on eliminating expensive and rare elements from battery production, it leverages its innovative anode technology to potentially reshape the energy storage market. As the company continues to develop and commercialize its products, it is poised for substantial impact in the renewable energy landscape. The strategic partnerships and funding milestones achieved in 2024 are steps forward in Pure Lithium's journey to revolutionize battery technology across the globe.

References

  1. Pure Lithium Website
  2. LinkedIn - Pure Lithium Profile
  3. PitchBook Company Profile
  4. Crunchbase - Pure Lithium Overview