About Summit Nanotech
Summit Nanotech is a Natural Resources company based in Calgary (Canada) founded in 2018 by Amanda Hall. Sustainable lithium extraction is enabled by a proprietary process. Summit Nanotech has raised $95.67 million across 9 funding rounds from investors including BHP, BDC and MITSUI MINING & SMELTING. Its chief executive, as recorded, is Amanda Hall. Summit Nanotech offers products and services including denaLi. Its focus areas include Enterprise Applications, Mining Tech, Operations and Mineral Extraction. Its legal entity is Summit Nanotech Corporation. Its competitors include Mangrove Lithium, LithiumBank and E3 Lithium; 1 of its 3 listed competitors has raised funding.
Company details
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.
- Headquarters Calgary, Canada
- Founders Amanda Hall
- SectorsNatural Resources
- Email••••••••
- Phone•••• ••••
- Website summitnanotech.com
- Social LinkedIn X Facebook Instagram
- Legal Name Summit Nanotech Corporation
- Total Equity Funding$95.67M (USD)
in 9 rounds
- Latest Funding Round$25.5M (USD), Series B
Mar 2025
- InvestorsBHP
& 12 more
Products & Services of Summit Nanotech
Summit Nanotech offers a comprehensive portfolio of products and services, including denaLi.
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 $95.67M
- Total Rounds 9
- Last Round Series B — $25.5M
- First Round $50,206
(May 2020)
- Investors Count 13
All 9 funding rounds of Summit Nanotech with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar 2025 | $25.5M | Series B | – | Evok Innovations, BDC | |
| Nov 2024 | $5M | Series A | – | – | – |
| Jan 2023 | $50M | Series A | – | BDC, Evok Innovations | |
| Nov 2021 | $784,207 | Grant | – | – | – |
| Nov 2021 | $241,735 | Debt – Conventional | – | – | – |
| Mar 2021 | $14M | Series A | – | Xora Innovation, Capricorn | – |
| Aug 2020 | $1.12M | Seed | – | 3PL Operating | – |
| Jul 2020 | Seed | – | Sustainable Development Technology Canada | – | |
| May 2020 | $50,206 | Seed | – | – | – |
13 investors in total: 13 institutional.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
| evokinnovations.com | ||||
Capital is provided by Xora to deep tech entrepreneurs. | xora.vc | |||
Investment in early-stage companies across AI, biotech, and cleantech sectors with access to global resources. | lgtechventures.com | |||
Investment in energy storage technologies is facilitated by Volta. | volta.vc | Naperville, United States | ||
| helioscv.com | ||||
Venture capital firm focused on investing in clean tech sectors | sdtc.ca | Ottawa, Canada | ||
Commercial banking services for small and medium-sized enterprises are provided. | 1944 | bdc.ca | Montreal, Canada | |
Sustainable investment solutions are provided by Capricorn Investment Group. | capricornllc.com | Palo Alto, United States | ||
Provider of non-ferrous metals and materials | 1950 | mitsui-kinzoku.com | Tokyo, Japan | |
| granthamfoundation.org |
Investor details for Summit Nanotech
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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People of Summit Nanotech
1 people are tracked at Summit Nanotech (1 in leadership).
| Name | Role | Group |
|---|---|---|
Amanda Hall | Founder & CEO | Leadership |
Complete people profiles for Summit Nanotech
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Timeline of Summit Nanotech
3 dated milestones of Summit Nanotech across 7 years, from founding to its latest funding, stage changes and deals.
- Founded Summit Nanotech is founded.
- Funding First funding round of $50K.
- Funding Latest funding round, Series B, of $25.5M.
Competitors of Summit Nanotech
Summit Nanotech has 3 listed competitors in our database, 1 of them funded. They include Mangrove Lithium, LithiumBank and E3 Lithium.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| mangrovelithium.com | 2013 | Vancouver, Canada | $45M | 13 | Modular scalable lithium refining technology is developed for battery-grade production. | |
| lithiumbank.ca | 2021 | Vancouver, Canada | Lithium batteries are manufactured by LithiumBank in Vancouver. | |||
| e3lithium.ca | 2016 | Calgary, Canada | Lithium products are manufactured by E3 Lithium in Calgary, Canada. |
Detailed competitors of Summit Nanotech
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Web traffic of Summit Nanotech
The website of Summit Nanotech (summitnanotech.com) receives about 2.3K visits a month.
- Monthly visits2.3K
▼ 10.2% vs previous month
Top companies in Mining Tech
2 companies that operate in the same segment as Summit Nanotech (Mining Tech) in Canada, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Modular scalable lithium refining technology is developed for battery-grade production. | 2013 | Vancouver, British Columbia, Canada | USD 46.5 M | 13 | ||
Provider of metals for EV batteries | 2008 | Vancouver, British Columbia, Canada | USD 168.87 M | 47 |
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Frequently Asked Questions about Summit Nanotech
Summit Nanotech was founded in 2018 and raised its 1st funding round 2 years after it was founded.
Summit Nanotech is headquartered in Calgary, Canada. It is registered at Calgary, Alberta, Canada.
Amanda Hall is the CEO of Summit Nanotech, as recorded in our data. They have also founded this 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 Seed of $50.21K, raised on May 2020.
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.
Summit Nanotech's top competitors include Mangrove Lithium, LithiumBank and E3 Lithium.
Summit Nanotech offers denaLi.
Summit Nanotech has 13 investors. Key investors include BHP, BDC, MITSUI MINING & SMELTING, Evok Innovations, and Xora.
Summit Nanotech operates through Summit Nanotech Corporation.