Princeton Critical Minerals raises $16 million to scale lithium production from brine

• Hax portfolio company Princeton Critical Minerals raised USD 16 million in equity, non-dilutive funding to scale lithium production from brine.
• Financing included an USD 11 million Series A led by SOSV, with grant support from the National Science Foundation, ARPA-E, NJEDA.
• Lilypad system moved from pilot to industrial-scale deployment in Chile; first commercial rollouts in the U.S. in preparation.

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