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Princeton startup raises $16M to advance brine-based lithium production

Princeton Critical Minerals (PCM) is expanding its revolutionary brine-based lithium production platform in the U.S. and South America. The Princeton University startup aims to accelerate and increase lithium production yields from brine sources as demand rises, driven by the growth of AI and robotics. “Lithium demand has moved far beyond the demand for electric vehicle (EV) batteries,” said Sean Zheng, co-founder and CEO of PCM. “Battery storag…

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Interesting Engineering broke the news in New York, United States on Saturday, August 22, 2026.
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