MaverickX develops chemical technologies for natural resource extraction in the mining and energy sectors. Its products include LithX, an ambient-temperature lixiviant that dissolves copper, gold, and other metals from low-grade ores and legacy stockpiles without added acid or high-pressure systems, and PetroX, a synthetic enzyme that solubilizes hard rock ores at low temperatures to recover lithium with high efficiency. The company tests its chemistries on client-supplied materials and then supplies the effective solutions to improve resource recovery, with applications that also aim to extract metals from old oil wells. Differentiation comes from combining chemistry-based lixiviants and enzymes that plug into existing mining flowsheets at low capital cost, supported by YC funding and seed rounds; the goal is to boost metal recovery from lower-grade resources and improve oil and gas efficiency while reducing energy use and capital needs.
Company Size
11-50
Company Stage
Early VC
Total Funding
$7.6M
Headquarters
Austin, null
Founded
2022
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