CleanTech

Light Ray Ventures Invests in EELi Technology's Pre-Seed Round

Decemer 9, 2025

Light Ray Ventures is pleased to announce itsinvestment in EELi Technology, a cleantech startup revolutionizing lithium extraction through chemical-free, zero-emission processes.

Founded by CEO Dr. Mert Akin (Ph.D., University ofMiami), EELi has developed an electrified extraction and purification technology that unlocks sustainable lithium production from low-grade mineralsources previously considered unviable  at reduced costs and with zero carbon footprint.

With global demand for battery materialssurging, EELi is positioned to address critical supply chain challenges in North America's expanding lithium market

"EELi represents exactly the kind of innovation we look for a promising technology that ensures the production of key materials for sustainable energy is itself sustainable," said Dima Bovykin, Light Ray Ventures

"Youcan't build a green future on a dirty supply chain"

About EELi

EELi Technology, a California-based mining technology company, develops Advanced Lithium Recovery solutions, making lithium production viable from extremely low-grade sources. EELi is unlocking untapped lithium - cheaper, faster, electrified