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Princeton Critical Minerals raises $16 million to scale lithium production from brine

Princeton Critical Minerals raises $16 million to scale lithium production from brine

ReutersReuters2026/08/18 17:16
  • Hax portfolio company Princeton Critical Minerals raised USD 16 million in equity, non-dilutive funding to scale lithium production from brine.
  • Financing included an USD 11 million Series A led by SOSV, with grant support from the National Science Foundation, ARPA-E, NJEDA.
  • Lilypad system moved from pilot to industrial-scale deployment in Chile; first commercial rollouts in the U.S. in preparation.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Hax published the original content used to generate this news brief on August 18, 2026, and is solely responsible for the information contained therein.

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