Startups

Novalith

Backed by Investible · novalith.com.au ↗

Founders
Steven Vassiloudis, Christiaan Jordaan, Andrew Harris
Climate and energy

Novalith refines hard rock lithium into battery-grade lithium without using sulfuric acid. Its process recovers CO₂ and recycles it within the process. The company says this gives a low-cost, low-impact source of lithium for batteries.

Why it matters in Australia: Investible, an Australian fund, has backed Novalith since 2022, when it invested in the company's Series A round.

Backed by

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The summary above was written with AI from the company's own site and its backers' listings, and checked by an editor. Backers, years and rounds are as each fund lists them. Founded year, head office, founders and offices are as Investible states them. Open roles are read daily from the funds' jobs boards.