Minerva Lithium’s Funding Strategy Advances Its Vision for a More Sustainable Energy Supply
$1.5M
Non-dilutive funding awarded
Minerva Lithium was founded in 2020 to commercialize breakthrough nanomaterial technology for sustainable lithium extraction. Built on research from the University of North Carolina at Greensboro (UNC-G), the company developed its proprietary “Nano Mosaic” material, which enables faster, more efficient lithium recovery from brine while significantly reducing water use, energy consumption, and environmental impact.
Recognizing the need for non-dilutive capital to advance and validate its technology, Minerva Lithium partnered with EGC to develop and execute a targeted funding strategy. EGC supported the company’s successful NSF SBIR proposal and guided pre-award negotiations, helping position Minerva for early traction and follow-on opportunities. This foundation of strategic funding, combined with state support and national recognition—including selection for TechCrunch Disrupt Startup Battlefield 2022—has accelerated the company’s development and visibility.
Today, Minerva Lithium is advancing a more sustainable and domestically secure lithium supply, supporting electric vehicles, grid storage, and next-generation energy systems. Its platform also holds broader potential across critical mineral extraction and water purification, reinforcing its long-term commercial and environmental impact.
Funding Sources
