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Friday, 21 August 2026

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Princeton Critical Minerals Raises USD 16 Million for Brine Lithium Platform

Princeton Critical Minerals (PCM) has raised USD 16 million to scale its lithium production technologies, according to CleanTechnica.

The startup develops technologies that accelerate lithium production from brine sources and increase yields, CleanTechnica reported.

PCM is a Princeton University spinout, and the company will put the new capital toward expanding sales and commercial deployments of its brine-based lithium production platform, per CleanTechnica. Those deployments are targeted at the U.S. and South America.

Source: cleantechnica.com (opens in a new tab)1 sourcePermalink

Aerial view of geometric lithium brine evaporation ponds across a salt flat with distant arid mountains
Photo: Mahmut Yılmaz / Pexels (opens in a new tab)