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Energy Exploration Technologies - About the company

Energy Exploration Technologies is a series C company based in Austin (United States), founded in 2018 by Teague Egan. It operates as a Developer of direct lithium extraction technology and battery innovation solutions. Energy Exploration Technologies has raised $360M in funding from investors like GM Ventures, General Motors and POSCO, with a current valuation of $*****. The company has 26 active competitors, including 12 funded and 3 that have exited. Its top competitors include companies like Mangrove Lithium, Summit Nanotech and Lilac Solutions.

Company Details

Developer of direct lithium extraction technology and battery innovation solutions. The company focuses on lithium production technologies and next-generation battery development. It engineers systems for pilot scale processing and develops lithium extraction technology suites. The company aims to address the global shift to sustainable energy.
Social
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Email ID
*****@energyx.com
Registered Address
PO BOX 29006,FT LAUDERDALE,FL,33302,0
Key Metrics
Founded Year
2018
Location
Austin, United States
Stage
Series C
Total Funding
$360M in 6 rounds
Latest Funding Round
Post Money Valuation
$***** as on Sep 03, 2026
Investors
Ranked
Annual Revenue
$0 - $1M as on Dec 31, 2023
Employee Count
100 as on Sep 30, 2026
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Energy Exploration Technologies's funding and investors

Energy Exploration Technologies has raised a total funding of $360M over 6 rounds. Its first funding round was on May 03, 2021. Its latest funding round was a Series C round on Jul 07, 2026 for $*****. 1 investor participated in its latest round. Energy Exploration Technologies has 10 institutional investors.

Here is the list of recent funding rounds of Energy Exploration Technologies:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Jul 07, 2026
1924047
Series C
9301202
5559802
9608776
3126718
Oct 17, 2023
3280889
Series B
3702323
2650823
1936160
2023
5853
Grant (prize money)
6754
1713
2850
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Energy Exploration Technologies' founders and board of directors

Founder? Claim Profile
The founders of Energy Exploration Technologies is Teague Egan. Teague Egan is the CEO of Energy Exploration Technologies.
Here are the details of Energy Exploration Technologies' key team members:

Energy Exploration Technologies' Board of Directors

Energy Exploration Technologies's board has 5 active members. Michael Egan, Teague Egan, Amit Patwardhan, David Eberhardt and Robert Wowk are independent board members.
Here is the list of Energy Exploration Technologies' board of directors:
Name
Type
Representing
Status
Duration
Independent board member
-
Current
5y 9m
adcncry
Independent board member
-
Current
4y 7m
dnjhqez
Independent board member
-
Current
6y 4m
piykzve
Independent board member
-
Current
2y 7m
zxwzwip
Independent board member
-
Current
7y 6m

Energy Exploration Technologies' employee count trend

Energy Exploration Technologies has 100 employees as of Sep 26. Here is Energy Exploration Technologies's employee count trend over the years:
Employee count trend for Energy Exploration Technologies
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Energy Exploration Technologies's Competitors and alternates

Top competitors of Energy Exploration Technologies include Mangrove Lithium, Summit Nanotech and Lilac Solutions. Here is the list of Top 10 competitors of Energy Exploration Technologies, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Mangrove Lithium
Mangrove Lithium
2013, Delta (Canada), Series B
Developer of modular scalable lithium refining technology for battery‑grade production
$46.5M
64/100
2nd
Logo for Summit Nanotech
Summit Nanotech
2018, Calgary (Canada), Series B
Developer of a process for extracting lithium
$95.7M
63/100
3rd
Developer of direct lithium extraction technology and battery innovation solutions
$360M
62/100
4th
Logo for Lilac Solutions
Lilac Solutions
2016, San Francisco (United States), Series C
Provider of lithium extraction solutions
$352M
59/100
5th
Logo for ElectraLith
ElectraLith
2021, Melbourne (Australia), Series A
Developer of direct lithium extraction and refining technology using renewable energy
$17M
53/100
6th
Logo for International Battery Metals
International Battery Metals
2010, Vancouver (Canada), Public
Developer of modular direct lithium extraction technology for commercial lithium production
-
48/100
7th
Logo for ILiAd Technologies
ILiAd Technologies
2021, Carlsbad (United States), Seed
Provider of technology solutions for lithium extraction processes
-
46/100
8th
Logo for Liberty Stream
Liberty Stream
1997, Calgary (Canada), Public
Developer of technology extracting lithium and other minerals from brine
-
-
43/100
9th
Logo for E3 Lithium
E3 Lithium
2016, Calgary (Canada), Funding Raised
Developer of lithium extraction processes and lithium hydroxide production
-
43/100
10th
Logo for Altillion
Altillion
2023, Houston (United States), Seed
Technology innovator developing proprietary mineral extraction process from brine
$5M
38/100
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Energy Exploration Technologies's Investments and acquisitions

Energy Exploration Technologies has made no investments or acquisitions yet.

Reports related to Energy Exploration Technologies

Here is the latest report on Energy Exploration Technologies's sector:

News related to Energy Exploration Technologies

lockFilter this list
Media has covered Energy Exploration Technologies for a total of 20 events in the last 1 year, 7 of them have been about company updates and 3 about partnerships.
•
•
US Army Leases Base Land to Critical Minerals Miners for Infrastructure ImprovementsIndustrial Info Resources•Jul 14, 2026•Energy Exploration Technologies, ioneer
•
Eni Invests $225 Million in EnergyX's Chilean Lithium ProjectChemengonline•Jul 07, 2026•Energy Exploration Technologies, Eni Next
•
Eni Acquires 32% Stake in Vaca Muerta Blocks for Argentina LNG ProjectWorld Oil•Jun 29, 2026•Eni Next, ADNOC, Energy Exploration Technologies
•
The Lithium Gold Rush Just Minted a $1B UnicornBenzinga•May 14, 2026•Energy Exploration Technologies
•
EnergyX commissions direct lithium extraction plant in TexasChemengonline•Mar 27, 2026•Energy Exploration Technologies
•
EnergyX Discusses US$5 Billion Lithium Investment with Chilean President-ElectGlobal Mining Review•Mar 12, 2026•Energy Exploration Technologies
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FAQs about Energy Exploration Technologies

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