Pure Lithium
Assembly Line
Pure Lithium Secures $15 Million in Series a Funding From Oxy Low Carbon Ventures
Pure Lithium, a disruptive Boston-based lithium metal battery technology company, is pleased to announce the completion of a $15 million investment from Oxy Low Carbon Ventures (OLCV), a subsidiary of Occidental (Oxy) that is focused on advancing cutting-edge, low-carbon technologies and business solutions. OLCV acted as the lead investor in Pure Lithium’s Series A equity financing, which may raise up to an additional $15 million for a proposed total funding amount of $30 million.
Pure Lithium Secures $15 Million in Series a Funding From Oxy Low Carbon Ventures
Pure Lithium, a disruptive Boston-based lithium metal battery technology company, is pleased to announce the completion of a $15 million investment from Oxy Low Carbon Ventures (OLCV), a subsidiary of Occidental (Oxy) that is focused on advancing cutting-edge, low-carbon technologies and business solutions. OLCV acted as the lead investor in Pure Lithium’s Series A equity financing, which may raise up to an additional $15 million for a proposed total funding amount of $30 million.
“This significant capital infusion will allow Pure Lithium to accelerate our development and commercialization efforts. The validation of our technology by OLCV is very meaningful for us, and we look forward to their contributions.”