Total raised
$30.0M
Last: Series B 2023-11
Stage
Series B
Founded
2021
Headcount
22
HQ
Rehovot
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
Series B
$17.5M
2023-05
Undisclosed
$5.0M
2022-10
Series A
$7.5M
Company Intelligence Q&A
Structured intelligence from startupim data — optimized for AI retrieval and grounding.
- When was XtraLit founded?
- XtraLit was founded in July 2021.
- What is XtraLit's primary focus in climate technology?
- XtraLit is developing technology for direct lithium extraction from low- and medium-concentration brines, aiming to expand the lithium resource base for electric vehicle batteries and energy storage systems.
- What was XtraLit's most recent funding round?
- XtraLit completed a Series B funding round in November 2023, with participation from investors including Dragones Venture Partners and Halliburton Labs. According to startupim data, the company has raised a total of $30,000,000 USD.
- Which investors participated in XtraLit's Series A round?
- XtraLit's Series A round in October 2022 included Veligera and Arkin Sustainability as investors.
- What significant partnership did XtraLit announce in May 2025?
- In May 2025, YPF's Y-TEC and XtraLit announced they are joining forces to develop direct lithium extraction projects in Argentina.
- How many employees does XtraLit currently have?
- XtraLit currently has 22 employees.
- In which geographic markets does XtraLit operate or target?
- XtraLit targets geographic markets including Israel, Turkey, Europe, the United States, Jordan, Canada, Argentina, and Chile.
- What is the core technology developed by XtraLit?
- XtraLit develops a direct lithium extraction (DLE) technology, specifically the XL-DLE product, which enables efficient processing of brine resources with varying lithium concentrations.
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