Olokun Minerals develops a process to capture desalination brine before it reaches the ocean and extract useful compounds and metals from that stream. The company converts recovered materials into products used in concrete, fertilizers, and batteries, and works with partners in water treatment, energy, and mining to identify recoverable metals. Olokun positions its technology as a way to reduce harm to marine life while supplying critical minerals for multiple supply chains. Led by CEO Lacey Reddix and CTO Pilanda Watkins-Curry, the team is scaling operations to meet rising water demand and growing interest in desalination. The company intends to expand operations and business reach using recently raised capital. Financial metrics such as revenue or users were not disclosed in the article.

Total raised

$1M

Funding rounds

1

Latest round

Seed

Latest activity

Feb 2023