Last updated 2026-06-18
- Raised $17.5M Series B, Nov 2023
- Raised $5M Undisclosed Round, May 2023
- Raised $7.5M Series A, Oct 2022
Total raised
$30.0M
Last: B Round 2023-11
Stage
Series B
Founded
2021
Headcount
22
HQ
Rehovot, Israel
Sector
Energy Tech
About
XtraLit develops a lithium extraction technology that enables efficient processing of brine resources with both high and low lithium concentrations. The solution combines high selectivity and capacity to improve yield and reduce costs compared to conventional methods, offering a scalable and sustainable approach for lithium production. Applicable across diverse geographies, including the Middle East and North America, XtraLit’s technology supports the growing demand for lithium in battery manufacturing and renewable energy applications by unlocking previously uneconomical brine sources.
Funding history · 3 rounds · $30.0M total
2023-11
B Round
$17.5M
Dragones Venture PartnersHalliburton Labs
2023-05
Undisclosed Round
$5.0M
G Enone Energy Co.,Ltd.
2022-10
A Round
$7.5M
VeligeraArkin Sustainability
Q&A
- What is XtraLit's primary business?
- XtraLit specializes in Direct Lithium Extraction (DLE) from aqueous sources, developing technology for efficient processing of brine resources with varying lithium concentrations.
- When was XtraLit founded?
- XtraLit was founded in July 2021.
- Where is XtraLit's headquarters located?
- XtraLit's headquarters is in Rehovot, Center District, Israel.
- What is XtraLit's total funding to date?
- XtraLit has raised a total of $30,000,000 USD.
- When did XtraLit complete its Series B funding round and who were the investors?
- XtraLit completed its Series B funding round in November 2023 with investments from Dragones Venture Partners and Halliburton Labs.
- Which investors participated in XtraLit's Series A funding round?
- XtraLit's Series A funding round in October 2022 included investments from Veligera and Arkin Sustainability.
- Who are the co-founders of XtraLit?
- The co-founders of XtraLit are Simon Litsyn (CEO), Marina Akselrod (VP Administration), Dmitry Tseitlin (VP Business Development), and Alexander Varshavsky (VP Exploration & Production).
Team · 5
Founder · Co-Founder and VP Administration
Director Latin America
Sectors & technology
Primary sector
Energy Tech
Sub-sectors
Automotive & Mobility TechnologiesElectric Mobility & Alternative FuelsEnergy TechEnergy Management & Grid IntegrationClimate TechEnergy TransitionEco-Efficient Energy StorageClean Industry Tech Sustainable Materials & Circularity
Technologies
Materials & Substances
Target customers
Industrial ManufacturingHybrid IndustriesMiningEnergy, Utilities & Waste ManagementNew Fuels
Business model
B2B
Highlights
Climate Tech1 PatentsVerified
Tags
energy-storageoil-and-gas-companiesmaterialsclimate-techalternative-fuelsminingfuelsenergytech
Full data — links, identifiers, deals & radar signals (jobs, patents, research, more)
External links
| Website | xtralit.com/ |
|---|---|
| linkedin.com/company/95925301 |
Identifiers & details
| Founded | 2021-7 |
|---|---|
| Employees (exact) | 22 |
Radar intelligence
Web history (Wayback)
| Domain | xtralit.com |
|---|
Certificate / subdomain footprint
| Subdomains | 3 |
|---|