Summit Nanotech - About the company
Summit Nanotech is a series B company based in Calgary (Canada), founded in 2018 by Amanda Hall. It operates as a Developer of a process for extracting lithium. Summit Nanotech has raised $95.7M in funding from investors like BDC, Evok Innovations and Capricorn. The company has 26 active competitors, including 12 funded and 3 that have exited. Its top competitors include companies like Mangrove Lithium, Energy Exploration Technologies and Lilac Solutions.
Company Details
Developer of a process for extracting lithium. It provides a proprietary method to extract lithium sustainably by reducing GHG emissions and minimizing the use of chemicals and freshwater. Its technology consists of a plug-and-play automated process and rapid processing time.
- Website
- www.summitnanotech.com/
- Email ID
- *****@summitnanotech.com
- Phone Number
- +1 **********
Key Metrics
Founded Year
2018
Location
Calgary, Canada
Stage
Series B
Total Funding
$95.7M in 9 rounds
Latest Funding Round
Ranked
2nd among 26 active competitors
Employee Count
97 as on Apr 30, 2026
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Summit Nanotech's funding and investors
Summit Nanotech has raised a total funding of $95.7M over 9 rounds. Its first funding round was on May 13, 2020. Its latest funding round was a Series B round on Mar 18, 2025 for $*****. 6 investors participated in its latest round. Summit Nanotech has 16 institutional investors.
Here is the list of recent funding rounds of Summit Nanotech:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Mar 18, 2025 | 2549015 | Series B | 3759444 | 1489180 | 5479745 | 5326077 |
Nov 12, 2024 | 1622798 | Series A | 4785117 | 6440408 | 9445222 | 5608226 |
Jan 17, 2023 | 9247670 | Series A | 7090479 | 7466074 |
View details of Summit Nanotech's funding rounds and investors
Summit Nanotech's founders and board of directors
Founder? Claim ProfileThe founders of Summit Nanotech is Amanda Hall. Amanda Hall is the CEO of Summit Nanotech.
Here are the details of Summit Nanotech's key team members:
- Amanda Hall: Founder & CEO of Summit Nanotech and founder of 1 other company. Contact Info: 2 email addresses
View details of Summit Nanotech's Founder profiles and Board Members
Summit Nanotech's employee count trend
Summit Nanotech has 97 employees as of Apr 26. Here is Summit Nanotech's employee count trend over the years:
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Summit Nanotech's Competitors and alternates
Top competitors of Summit Nanotech include Mangrove Lithium, Energy Exploration Technologies and Lilac Solutions. Here is the list of Top 10 competitors of Summit Nanotech, ranked by Tracxn score:
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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 | 64/100 | |
2nd | Summit Nanotech 2018, Calgary (Canada), Series B | Developer of a process for extracting lithium | $95.7M | 63/100 | |
3rd | Energy Exploration Technologies 2018, Austin (United States), Series C | Developer of direct lithium extraction technology and battery innovation solutions | $360M | 61/100 | |
4th | Lilac Solutions 2016, San Francisco (United States), Series C | Provider of lithium extraction solutions | $352M | 59/100 | |
5th | ElectraLith 2021, Melbourne (Australia), Series A | Developer of direct lithium extraction and refining technology using renewable energy | $17M | 53/100 | |
6th | International Battery Metals 2010, Vancouver (Canada), Public | Developer of modular direct lithium extraction technology for commercial lithium production | - | 48/100 | |
7th | ILiAd Technologies 2021, Carlsbad (United States), Seed | Provider of technology solutions for lithium extraction processes | - | 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 | - | 43/100 | |
10th | Altillion 2023, Houston (United States), Seed | Technology innovator developing proprietary mineral extraction process from brine | $5M | 38/100 |
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Summit Nanotech's Investments and acquisitions
Summit Nanotech has made no investments or acquisitions yet.
Reports related to Summit Nanotech
Here is the latest report on Summit Nanotech's sector:
News related to Summit Nanotech
Media has covered Summit Nanotech for a total of 8 events in the last 1 year, 5 of them have been about company updates.
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Summit Explore Launches Seed Financing Round for Lithium Brine ProjectsPR Newswire•Feb 27, 2026•Summit Nanotech
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Summit Nanotech Launches DLE Demo Plant in Chile for Lithium Project ValidationPR Newswire•Feb 24, 2026•Summit Nanotech
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Summit Nanotech achieves benchmark water use 30% lower than evaporation pondsMiningstockeducation•Oct 30, 2025•Summit Nanotech
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Summit Nanotech's Lithium Facility Shows Robust Results, Boosting Commercial DLE ReadinessFinancial Post•Jun 11, 2025•Summit Nanotech
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Summit Nanotech secures $25.5M to commercialize its lithium extraction tech.EIN Presswire•Mar 18, 2025•Summit Nanotech, Evok Innovations, Xora Innovation, Capricorn and 5 others
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Summit Nanotech Corporation Closes US$25.5M Funding RoundGlobeNewswire•Mar 18, 2025•Summit Nanotech, Evok Innovations, BDC, Xora and 1 other
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