KMX Technologies, with a valuation of $40.1 million, is raising funds on NetCapital. The company has developed a proprietary technology that provides next-generation water treatment while keeping the critical minerals and lithium secured. The next-generation water treatment technology of KMX Technologies works on a low-cost lease and license business model and enhances lithium recovery rates for all processes. Zachary Sadow and Bina Khan founded KMX Technologies in February 2020. The current crowdfunding campaign has a minimum target of $10,000 and a maximum target of $4,999,999. The campaign proceeds will be used for salaries, lab and office rent, insurance, storage, marketing, trials and demonstration, and other expenses.