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Energy Tech Series A Founded 2021

Pure Lithium

Pure Lithium is a battery technology company that develops and manufactures vertically integrated lithium metal batteries, displacing traditional lithium-ion technology with batteries that are more powerful, longer lasting, less expensive, and safer while eliminating dependence on graphite, nickel, cobalt, and manganese. The company's patented, vertically integrated production process co-locates lithium metal anode…

📍 Boston, United States · Energy Storage Tech

Funding snapshot

Last roundSeries A
Amount$29M
Date11 March 2025
Total raised$29M
Team size27

About

Pure Lithium is a battery technology company that develops and manufactures vertically integrated lithium metal batteries, displacing traditional lithium-ion technology with batteries that are more powerful, longer lasting, less expensive, and safer while eliminating dependence on graphite, nickel, cobalt, and manganese. The company's patented, vertically integrated production process co-locates lithium metal anode manufacturing with battery production, capturing margin at every stage, eliminating 55,000 miles of shipping, reducing CO2 emissions by 805 kg per tonne of cargo, and dramatically reducing battery production costs. Backed by over 150 patents and patent applications, Pure Lithium's platform supports multiple product generations: Gen-1 Lithium Iron Phosphate (Li-LFP) battery offering 300 Wh/kg energy density (twice that of today's lithium-ion LFP), 6,500+ cycles, and material costs of $29/kWh compared to $72+/kWh for lithium-ion; and Gen-2 Vanadium (LV) battery offering 425 Wh/kg energy density (42% higher than Gen-1), 1,000+ cycles, and enhanced thermal stability. All materials are sourced in North America, eliminating reliance on China and enabling the emergence of new battery hubs worldwide while addressing ethical and environmental concerns associated with cobalt and nickel mining. Pure Lithium's award-winning closed-loop production process enables recovery and reintegration of primary metals directly back into manufacturing at end-of-life, eliminating complex chemical leaching and enabling true battery production circularity. The company has received industry recognition including the Reuters 2025 Global Energy Award, 2025 Green Chemistry Challenge Award, Fastmarkets 2025 Trailblazing Woman of the Year, and Fastmarkets 2024 Best New Project. Founded in 2021 and headquartered in Boston, Massachusetts, Pure Lithium has raised $29.3M in Series A funding from investors including Oxy, Energy Capital Group, and DOE.

Business model

Energy Storage Tech > Battery > Components > Electrode > Diversified > Micro Structured Electrodes > Lithium Ion

Team background

College Wise > University of Toronto

Institutional investors

Oxy Energy Capital Group DOE

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