EnergyX develops next generation battery technology and direct lithium extraction technology.


Raised to Date: Raised: $3,039,768

Total Commitments ($USD)



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Close Date


Min. Goal
Max. Goal
Min. Investment


Security Type

Equity - Common


Series A

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share


Pre-Money Valuation


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Days Remaining
% of Min. Goal
% of Max. Goal
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Year Founded



Energy, Power, & Natural Resources

Tech Sector


Distribution Model




Capital Intensity



Dorado, Puerto Rico

Business Type

High Growth

EnergyX, with a post-money valuation of $310.4 million, is raising funds on NetCapital. The company is leading the global transition to renewable energy. It has developed the next-generation battery technology, direct lithium extraction technology, and built Lithium-ion Transport and Separation( LiTAS). Teague Egan founded EnergyX in 2018 and has raised over $9.7 million since the inception. The current crowdfunding campaign has a minimum raise of $10,000 and a maximum raise of $3,934,064. The proceeds of the raise will be used towards intellectual property, battery design, pilot plants, marketing, accounting, and other expenses. EnergyX already has agreements with four of the top ten lithium producers of the world. The company’s technology will improve lithium recovery rates from 30% to 90%.

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Financials as of: 05/10/2021
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Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
EnergyX 03/10/2023 Dalmore Group $475,000,000 $4,991,565 Equity - Common Funded RegA+
EnergyX 08/20/2021 Netcapital $306,492,600 $3,039,768 Equity - Common Funded RegCF
EnergyX 05/09/2021 Netcapital $306,492,600 $0 Equity - Common Funded Test the Waters / RegCF
EnergyX 02/05/2021 Netcapital $54,114,620 $1,521,935 Equity - Common Funded RegCF / RegD 506(c)
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EnergyX on NetCapital
Platform: Netcapital
Security Type: Equity - Common
Valuation: $306,492,600
Price per Share: $8.00

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