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Calgary Alberta based Summit Nanotech is raising $18,395,209.00 in New Equity Investment.

Calgary Alberta based Summit Nanotech is raising $18,395,209.00 in New Equity Investment.

December 19, 2022 Craig Etkin

Calgary, AB – According to filings with the U.S. Securities and Exchange Commission, Summit Nanotech is raising $18,395,209.00 in new funding. Sources indicate as part of senior management Chief Executive Officer, Amanda Hall played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.

About Summit Nanotech
Summit Nanotech develops core technologies to accelerate the global transition to clean energy. Summit Nanotechs first technology, denaLi DLE technology (direct lithium extraction), provides extraction as a service (EaaS) using plug-and-play modular units for the cleanest and most efficient lithium extraction technology in the world. Summits denaLi modular units are designed to double yield, reduce GHG emissions, minimize the use of chemicals and fresh water, and cut waste by 90% compared to traditional methods, surpassing global ESG standards. In addition, Summits denaLi H technology is being developed to recover lithium from lithium-ion battery recycling streams contributing to the circular economy of the future.

To learn more about Summit Nanotech, visit http://www.summitnanotech.ca/

Contact:
Amanda Hall, Chief Executive Officer
403-472-6810

SOURCE: http://www.intelligence360.io
Copyright (c) 2022 SI360 Inc. All rights reserved


Venture Capital
Alberta, Calgary, Summit Nanotech, Venture Capital Funding

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