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GEOLITH

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Orsay, Île-de-France, France

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GEOLITH
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GEOLITH motivation is : MAKING LITHIUM SUSTAINABLE.

Lithium industry is faced with several challenges to be fully part of the ENERGY TRANSITION momentum with the BATTERIES, such as increase it production by 6 to 8 in the next 10 years to cope with demand, diversify its sources to secure supply and make that with minimal environmental impacts.

For that GEOLITH offers breakthrough technologies for the...

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GEOLITH motivation is : MAKING LITHIUM SUSTAINABLE.

Lithium industry is faced with several challenges to be fully part of the ENERGY TRANSITION momentum with the BATTERIES, such as increase it production by 6 to 8 in the next 10 years to cope with demand, diversify its sources to secure supply and make that with minimal environmental impacts.

For that GEOLITH offers breakthrough technologies for the clean production of lithium from brines.

On the one hand, a process for purifying concented brines that will boost current production on South American salars by improving extraction efficiency.

On the other hand, a process for extracting lithium from low-concentration brines. This will considerably increase the available reserves (e.g from geothermal sources and many others)

GEOLITH has been awarded several financing and prizes and obtained its first contracts in spring 2019 with SQM (world leader in lithium), then Eramet and Total. 

GEOLITH raised €255,000 from its advisors in July 2019 and is supported by BPI France as part of the FrenchTech Seed with €250,000 of convertible bonds. GEOLITH is the winner of a competition from ADEME within the framework of Future Investment Projects for an amount of nearly 450 000€.

A fundraising event planned for the end of 2020 after the start-up of a prototype on a mining site at SQM in Chile.

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Certifications

InvestNet
Investnet is the certification of innovative companies supported by Bpifrance , with a majority of start-ups in technology profile .
2232 Entities
InvestHorizon - Accelerated
The InvestHorizon Accelerated label is for selected deep tech companies from the accelerator programme to facilitate series A funding.  This quality label is a guarantee for investors to find high standard project proposals from European SMEs with growth potential. InvestHorizon is a programme financed by the European Commission in association with Eureka to foster investment readiness.
454 Entities

Communities

InvestHorizon
InvestHorizon is an accelerator programme designed to facilitate the access to Series A funding for selected DEEP TECH companies.
2672 Members
Les Deeptech
Les Deeptech, c’est la communauté qui rassemble les startups deeptech françaises et les investisseurs désirant développer des relations business avec elles.
358 Members
Bpifrance
Exclusive to Bpifrance clients and partners, this community aims to support and strengthen ties between these French companies in development.
2406 Members
BuildInterest - Sustainable building
The community of European sustainable building & energy efficiency companies.
164 Members

Our history

Start in 2016 - GEOLITH creation

  • 2016 - GEOLITH creation

    Launch of our R&D plan with the support of BPI France

  • 2017 - Li-Mag development

    LI-Mag brine purification process launched to increase lithium production from salaries

  • 2019 - first contracts

    First contracts: performance tests on actual brines for SQM Chile and Eramet and Total, France

  • 2019 - financing

    Fund raising from our Vas: 255 k€ BPI France 250 k€ convertible bonds ADEME R&D grant 450 k€

  • 2019 - R&D

    New R&D partnership on Li-Capt : Lithium Direct Extraction (DLE) : Mines ParisTech + IFTH + ENSCR

to be continued ...