Princeton Critical Minerals develops and commercializes an integrated technology platform for extracting lithium from brine, including products named Lilypad™, SmartPond™, and E-LiTE™. The company is operating field deployments that produce validation data under industrial conditions. With the new financing, PCM plans to scale manufacturing and expand commercial deployments while building U.S.-based production capabilities. The firm aims to continue advancing its core extraction technologies toward full commercial execution. The company also reported growth in its team as it prepares to execute on upcoming milestones.

Total raised

$24M

Funding rounds

7

Latest round

Grant

Latest activity

Aug 2026