About Summit Nanotech
Summit Nanotech is a company based in Calgary (Canada) founded in 2018 by Amanda Hall.. Summit Nanotech has raised $95.67 million across 9 funding rounds from investors including BHP, BDC and MITSUI MINING & SMELTING. Summit Nanotech offers products and services including denaLi. Summit Nanotech operates in a competitive market with competitors including Mangrove Lithium, Energy Exploration Technologies, Lilac Solutions, LithiumBank and E3 Lithium, among others.
- Headquarter Calgary, Canada
- Founders Amanda Hall
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Sectors
Natural Resources
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Email
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Phone
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Website
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Social
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- Legal Name Summit Nanotech Corporation
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$95.67 M (USD)
in 9 rounds
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Latest Funding Round
$25.5 M (USD), Series B
Mar 18, 2025
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Investors
BHP
& 12 more
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Employee Count
Employee Count
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Products & Services of Summit Nanotech
Summit Nanotech offers a comprehensive portfolio of products and services, including denaLi. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Uses nanotechnology to extract lithium from brine sustainably and efficiently
Funding Insights of Summit Nanotech
Summit Nanotech has successfully raised a total of $95.67M across 9 strategic funding rounds. The most recent funding activity was a Series B round of $25.5 million completed in March 2025. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 9
- Last Round Series B — $25.5M
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First Round
First Round
(13 May 2020)
- Investors Count 13
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2025 | Amount | Series B - Summit Nanotech | Valuation | Evok Innovations , BDC | |
| Nov, 2024 | Amount | Series A - Summit Nanotech | Valuation |
investors |
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| Jan, 2023 | Amount | Series A - Summit Nanotech | Valuation | BDC , Evok Innovations |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Summit Nanotech
Summit Nanotech has secured backing from 13 investors, including venture fund and institutional investors. Prominent investors backing the company include BHP, BDC and MITSUI MINING & SMELTING. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Founded Year | Domain | Location | |
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Capital is provided by Xora to deep tech entrepreneurs.
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Founded Year | Domain | Location | |
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Investment in early-stage companies across AI, biotech, and cleantech sectors with access to global resources.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Summit Nanotech
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Summit Nanotech
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Summit Nanotech Comparisons
Competitors of Summit Nanotech
Summit Nanotech operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Mangrove Lithium, Energy Exploration Technologies, Lilac Solutions, LithiumBank and E3 Lithium, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Modular scalable lithium refining technology is developed for battery-grade production.
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| domain | founded_year | HQ Location |
Nanotechnology-based lithium-refining solutions are developed for ion selectivity and transport.
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| domain | founded_year | HQ Location |
Lithium extraction solutions are provided via ion exchange technology.
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| domain | founded_year | HQ Location |
Lithium batteries are manufactured by LithiumBank in Vancouver.
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| domain | founded_year | HQ Location |
Lithium products are manufactured by E3 Lithium in Calgary, Canada.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Summit Nanotech
Frequently Asked Questions about Summit Nanotech
When was Summit Nanotech founded?
Summit Nanotech was founded in 2018 and raised its 1st funding round 2 years after it was founded.
Where is Summit Nanotech located?
Summit Nanotech is headquartered in Calgary, Canada. It is registered at Calgary, Alberta, Canada.
Who is the current CEO of Summit Nanotech?
Amanda Hall is the current CEO of Summit Nanotech. They have also founded this company.
Is Summit Nanotech a funded company?
Summit Nanotech is a funded company, having raised a total of $95.67M across 9 funding rounds to date. The company's 1st funding round was a Series A of $50M, raised on May 13, 2020.
What does Summit Nanotech do?
Summit Nanotech was established in 2018 in Calgary, Canada, within the cleantech sector. A proprietary method for lithium extraction is offered, emphasizing sustainability through reduced greenhouse gas emissions and limited use of chemicals and freshwater. Operations involve an automated, plug-and-play system that supports rapid processing times for efficient resource recovery.
Who are the top competitors of Summit Nanotech?
Summit Nanotech's top competitors include Mangrove Lithium, Energy Exploration Technologies and Lilac Solutions.
What products or services does Summit Nanotech offer?
Summit Nanotech offers denaLi.
Who are Summit Nanotech's investors?
Summit Nanotech has 13 investors. Key investors include BHP, BDC, MITSUI MINING & SMELTING, Evok Innovations, and Xora.