EELI Technology develops modular, field-deployable electrochemical systems designed to recover lithium and other critical minerals from low-grade or chemically complex sources. The team, led by founder Mert Akin, Ph.D., has its technology roots in programs such as Activate and Cyclotron Road at Berkeley Lab. EELI recently closed an oversubscribed $2 million pre-seed round to accelerate commercialization and expand operations. Over the next 18 months the company plans to build commercial-scale pilot systems, expand its Hayward, California technology development and manufacturing facility, and prepare for initial U.S. customer-site deployments. EELI has also received support from the California Energy Commission and the U.S. Department of Energy as it moves from research to commercial pilots.

Total raised

$2M

Funding rounds

1

Latest round

Seed

Latest activity

Jul 2026