When was Energy Exploration Technologies founded?

Energy Exploration Technologies was founded in 2018 and raised its 1st funding round 3 years after it was founded.

Where is Energy Exploration Technologies located?

Energy Exploration Technologies is headquartered in Austin, United States. It is registered at PO BOX 29006,FT LAUDERDALE,FL,33302,0.

Who is the current CEO of Energy Exploration Technologies?

Teague Egan of Energy Exploration Technologies. They have also founded 1 company.

How many employees does Energy Exploration Technologies have?

As of Aug 31, 2026, the latest employee count at Energy Exploration Technologies is 99.

Is Energy Exploration Technologies a funded company?

Energy Exploration Technologies is a funded company, having raised a total of $360M across 6 funding rounds to date. The company's 1st funding round was a $***** Series A round, raised on May 03, 2021.

How much is Energy Exploration Technologies worth?

The latest valuation of Energy Exploration Technologies is $***** as of Sep 03, 2026. This marks a decline of 72% from its peak valuation of $2B in Jun, 2021. This marks a decline of 72% from its peak valuation of $2B in Jun, 2021.

When was the latest funding round of Energy Exploration Technologies?

Energy Exploration Technologies' latest funding was a $***** Series C round on Jul 07, 2026, with participation from 1 investor. Its primary sector is Mining Tech. In United States, the Mining Tech sector has seen $754M in funding in 2026 to date.

What is the annual revenue of Energy Exploration Technologies?

Annual revenue of Energy Exploration Technologies is less than $1M as on Dec 31, 2023

Where does Energy Exploration Technologies rank among its competitors?

Energy Exploration Technologies ranks 3rd amongst 26 active competitors, of which 12 are funded. It stands 1st in terms of total funding among its competitors. The most recent competitor to raise funding was Liberty Stream, which secured $14.2M in Jul, 2026.

Who are the top competitors of Energy Exploration Technologies?

Energy Exploration Technologies' top competitors include Mangrove Lithium, Summit Nanotech and Lilac Solutions. Among them, Liberty Stream secured the most recent funding round in July, 2026.

Energy Exploration Technologies - 2026 Company Profile, Team, Funding & Competitors

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.

Website: energyx.com
Social
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

Series C, Jul 07, 2026, $*****

Post Money Valuation

$***** as on Sep 03, 2026

Investors

GM Ventures & 9 more

Ranked

3^rd among 26 active competitors

Annual Revenue

$0 - $1M as on Dec 31, 2023

Employee Count

99 as on Aug 31, 2026

Similar Companies

Litus

View Energy Exploration Technologies' full profile

Energy Exploration Technologies is associated with 3 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
Energy Exploration Technologies, Inc. CIN: 0001830166 , United States, Active		$0 - $1M (As on Dec 31, 2023)	91 (As on Dec 31, 2023)	-
Energy Exploration, Inc. CIN: 1454683 , United States, Active		$1 - $1M (As on Feb 25, 2009)	-	-
Energy Exploration Technologies, Inc. CIN: 32078834812 , United States, Active	Apr 19, 2021	-	-	-

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:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jul 07, 2026	9894950	Series C	8676683	8580027	6441892	1425572
Oct 17, 2023	6302211	Series B	7161213	3402506	6481114	Elohim Partners & 1 more
2023	7459	Grant (prize money)	1219	8761	5787	DOE

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View details of Energy Exploration Technologies's funding rounds and investors

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:

Teague Egan: Founder & CEO of Energy Exploration Technologies. They serve on the board of 1 company.
Contact Info: 1 email address

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
Michael Egan	Independent board member	-	Current	5y 9m
iukdizu	Independent board member	-	Current	8y 7m
okjbpif	Independent board member	-	Current	4y 5m
ghargek	Independent board member	-	Current	6y 3m
vfnt{zt	Independent board member	-	Current	9y 5m

View details of Energy Exploration Technologies's Founder profiles and Board Members

Energy Exploration Technologies' employee count trend

Energy Exploration Technologies has 99 employees as of Aug 26. Here is Energy Exploration Technologies's employee count trend over the years:

Employee count trend for Energy Exploration Technologies

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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	Mangrove Lithium 2013, Delta (Canada), Series B	Developer of modular scalable lithium refining technology for battery‑grade production	$46.5M	BMW i Ventures, Breakthrough Energy & 10 others	64/100
2nd	Summit Nanotech 2018, Calgary (Canada), Series B	Developer of a process for extracting lithium	$95.7M	Evok Innovations, BDC & 14 others	63/100
3rd	Energy Exploration Technologies 2018, Austin (United States), Series C	Developer of direct lithium extraction technology and battery innovation solutions	$360M	Eni Next, GM Ventures & 8 others	61/100
4th	Lilac Solutions 2016, San Francisco (United States), Series C	Provider of lithium extraction solutions	$352M	T. Rowe Price, Breakthrough Energy & 21 others	59/100
5th	ElectraLith 2021, Melbourne (Australia), Series A	Developer of direct lithium extraction and refining technology using renewable energy	$17M	Main Sequence, Investible & 12 others	53/100
6th	International Battery Metals 2010, Vancouver (Canada), Public	Developer of modular direct lithium extraction technology for commercial lithium production	-	Encompass Capital Advisors, South Oak Capital Partners ... & 2 others	48/100
7th	ILiAd Technologies 2021, Carlsbad (United States), Seed	Provider of technology solutions for lithium extraction processes	-	SLB, Livent	46/100
8th	Liberty Stream 1997, Calgary (Canada), Public	Developer of technology extracting lithium and other minerals from brine	-	-	43/100
9th	E3 Lithium 2016, Calgary (Canada), Funding Raised	Developer of lithium extraction processes and lithium hydroxide production	-	Canadian Space Agency, Alberta Innovates	43/100
10th	Altillion 2023, Houston (United States), Seed	Technology innovator developing proprietary mineral extraction process from brine	$5M	EIC Rose Rock, Flathead Forge	38/100

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Energy Exploration Technologies has made no investments or acquisitions yet.

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

Free

Mining Tech - Sector Report

Edition: August, 2026 (68 Pages)

View all reports related to Energy Exploration Technologies

Media has covered Energy Exploration Technologies for a total of 19 events in the last 1 year, 7 of them have been about company updates and 3 about partnerships.