Aer Ventures leads the pre-seed financing to support prototype development and scale testing of mineral extraction systems.
"Watercycle Technologies is exactly the type of business we exist to support. With a sustainable vision and a proven technology, the business has the potential to solve one of our major environmental problems – the need for critical minerals to support the transition to Net Zero. With serious commentators such as the IEA estimating the world could require over 50 times more lithium by 2040 than it produced in 2020, the innovation Watercycle Technologies provides has never been more essential and we are pleased to support the business in taking this game changing technology to market."