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Aepnus Technology

Affordable electrolysis equipment for decarbonizing chemicals.

Overview

Aepnus Technology develops affordable electrolysis equipment to decarbonize the production of essential commodity chemicals, enabling domestic, carbon-free manufacturing in the United States. The equipment uses electricity to drive chemical reactions that split or transform minerals and chemicals, such as lithium salts, sodium compounds, NMC cathodes, hydrochloric acid, sulfuric acid, and caustic soda. By offering a low-cost, scalable electrolysis system for chemical manufacturers, Aepnus aims to reduce emissions and cut dependence on foreign sources. Its goal is to accelerate the US energy transition by making domestic, low-emission chemical production more practical.

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About Aepnus Technology

Simplify's Rating
Why Aepnus Technology is rated
B-
Rated B on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Industrial & ManufacturingEnergy

Company Size

11-50

Company Stage

Early VC

Total Funding

$12M

Headquarters

Oakland, CA

Founded

2021

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What believers are saying

  • The Quebec pilot exceeded 2,000 hours and produced one tonne of caustic soda.
  • NSF awarded $1.24 million on August 24, 2026 for industrial-scale validation.
  • Aepnus targets a 15,000-tonne Quebec plant, expanding to 60,000 tonnes before 2030.

What critics are saying

  • Aepnus still depends on funding; Akuzum said Quebec timing hinges on a Series A.
  • Commercial scale remains unproven; the Oakland demonstration plant is still only planned.
  • If pilot durability stalls, battery and mining customers will choose established chlor-alkali suppliers.

What makes Aepnus Technology unique

  • Aepnus’s patented salt-splitting electrolyzer regenerates acids and bases from sulfate waste streams.
  • Its 2026 SBIR Phase II validates commercial-scale, one-meter stacks and hydrogen recycling.
  • Quebec pilots with Ultium CAM, Vale Base Metals, and Nemaska Lithium prove industrial relevance.

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Funding

Total Funding

$12M

Above

Industry Average

Funded Over

2 Rounds

Early VC funding comparison data is currently unavailable. We're working to provide this information soon!
Early VC Funding Comparison Coming Soon

Benefits

  • Health Insurance
  • Dental Insurance
  • Vision Insurance
  • 401(k) Retirement Plan
  • Paid Vacation
  • Paid Holidays
  • Remote Work Options
  • Hybrid Work Options

Growth & Insights and Company News

6 month growth

5%

1 year growth

5%

2 year growth

0%
Tech.eu
Feb 17th, 2026
Turkish fund 212 NexT backs Aepnus' electrochemical tech to cut $150M caustic soda imports

Turkish deep-tech fund 212 NexT has invested in Aepnus' pre-Series A funding round. The US-headquartered startup, with operations in Canada and Germany, is developing modular electrochemical technology to produce industrial chemicals like caustic soda and sulfuric acid with lower carbon emissions and without hazardous chlorine gas by-products. Co-founded by Lukas Hackl and Bilen Akuzum, Aepnus targets applications across chemicals manufacturing, heavy industry and critical mineral processing. Turkey currently imports over $150 million worth of caustic soda annually, highlighting potential for localised production. 212 NexT Managing Partner Çağlar Urcan said the technology addresses supply constraints and cost volatility in essential chemical production. The funding will support platform development, global scaling, team expansion and strengthening industrial partnerships.

Third Derivative
Oct 1st, 2024
Aepnus Technology

Developing efficient and sustainable processes to electrify the manufacture of lithium chemicals needed to make batteries.

CRA Recycling
Jun 17th, 2024
Aepnus Technology raises $8M in seed financing

Aepnus Technology raises M in seed financing The funding will be used to accelerate the production of Aepnus' end-to-end sodium sulfate recycling technology.

FinSMEs
Jun 14th, 2024
Aepnus Technology Raises $8M in Seed Funding

Aepnus Technology raises $8M in Seed funding.

Voyager Ventures
Feb 28th, 2024
Portfolio - Voyager

We have been individually investing in early-stage climate technology companies since 2015 and have partnered with some incredible teams over the years.

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