Summit Nanotech Corp
StreetZero Signal 63
About Summit Nanotech Corp
Summit Nanotech is a Calgary-based company founded in 2018 that develops direct lithium extraction (DLE) technology called denaLi for sustainable lithium production from brine. The technology integrates data analytics and AI for process control to reduce water use, extend sorbent lifespan, and improve lithium recovery rates. It has raised a total of $95.7M across 9 rounds, with its latest Series B closing in March 2025. The company participates in programs such as the Women in Cleantech Challenge and has received support from Impact Canada.
LATEST FUNDINGSeries B
$3.0M
Announced 2026-09-25
TOTAL RAISED$95.7M
IN THE NEWS
- 🔗 Summit Nanotech - 2026 Company Profile, Team, Funding & Competitors - Tracxn
- 🔗 Summit Nanotech - 2026 Company Profile, Team, Funding & Competitors - Tracxn
- 🔗 Summit Nanotech secures $25.5m for sustainable lithium extraction technology
- 🔗 Summit Nanotech raises $25.5M for sustainable lithium tech | Creative Destruction Lab posted on the topic | LinkedIn
- 🔗 Summit Nanotech - Natural Resources Canada
EMPLOYEES—
FOUNDED2018
HQCalgary, AB, Canada
Industry
Other Technology
Tags
CleantechLithium ExtractionDLESeries B
Investors
Key highlights
- Closed $25.5M Series B to commercialize denaLi DLE technology.
- Total funding reaches $95.7M across 9 rounds with 16 institutional investors.
- Technology uses AI and data analytics to minimize water consumption and maximize lithium recovery.
- Founder Amanda Hall leads efforts in sustainable lithium extraction for EV battery supply chains.
- Participated in Impact Canada Women in Cleantech Challenge with $1.92M contribution.
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