EnergyX (ENRX.PVT)
Forge Price is a derived data point that reflects the up-to-date price performance of venture-backed, late-stage companies. Forge Price is calculated by Forge Data based on a proprietary model incorporating pricing inputs from publicly-available primary funding round information, secondary market transactions and indications of interest on Forge and other private market trading platforms. Forge Price is not a quotation, and does not indicate available supply or demand, is solely for informational purposes, and may rely on limited data.
Learn more- Estimated Valuation 571.51M
- Latest Funding Date Jun 30, 2023
- Total Amount Raised 46.64M
- Latest Amount Raised 37.43M
- Total Funding Rounds 3
- Latest Share Class Series B
EnergyX: Learn More
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Learn more at ForgeEnergyX Overview
EnergyX is a clean tech company developing solid-state electrolyte battery technologies aimed at increasing energy density in advanced battery chemistries. The company's flagship technology, LiTAS, aims to optimize lithium extraction, with the goal of reducing costs and improving efficiency. Additionally, EnergyX has developed SoLiS, a battery technology which increases the energy density of batteries. The company claims its technology can recover 300% more lithium than conventional methods.EnergyX was founded in 2018 and is headquartered in Austin, TX. Notable investors include The Global Emerging Markets Group, General Motors and Obsidian Acquisition Partners.
2018-01-01
Founded
101
Full Time Employees
Energy
Sector
Battery, Chemical Engineering, CleanTech, Energy, Environmental Engineering, Renewable Energy
Industry
Leadership and Board
Mayank Sharma
CFO
Teague Egan
Founder and CEO
Recent News
Valuation Information
Funding Rounds
Forge Data collects the preferred stock details for companies from the Certificates of Incorporation and related documents filed with relevant state's agencies. These documents authorize the various equity types available for companies to sell in primary funding rounds.
Post-Money Valuation
Jun
2019
Jan
2020
Sep
2020
May
2021
Dec
2021
Aug
2022
Mar
2023
| Funding Date
|
Share Class
|
Amount Raised
|
Issue Price
|
Post-Money Valuation
|
|---|---|---|---|---|
|
2023-06-30
|
Series B | 37.43M | 4 | 403.18M |
|
2021-05-11
|
Series A | 8.68M | 0.8167 | 103.32M |
|
2018-12-19
|
Founders 1 | 525k | 0.025 | 5.25M |
