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EnergyX

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Energy Exploration Technologies, Inc.

Industrial & Manufacturing · Founded 2018

EnergyX develops next generation battery technology and direct lithium extraction technology to help enable the global transition to renewable energy. We are Powering the Future of the energy storage market projected to reach $546 billion by 2035.

Raising nowRaising now on DealMaker

This company has an open fundraising round.

$0 raised
View the live round
Post-money valuation ⓘ
$2.59B
As of Jul 2025 · from Reg A Offering (2025) · pre-money + amount raised, not a traded price
Total raised
$126,330,999
Crowd $6.0M · Private $120.3M · 10 rounds since 2020
Latest share price
$11.00
Reg A+ · Equity · Jul 2025 offering price

Financials

FY2018–FY2025 · from SEC filings · hover any figure for its source
$0
2018
$0
−$786K
2019
$0
−$1.8M
2020
$0
−$5.3M
2021
$14K
−$10.5M
2022
$210K
−$14.9M
2023
$385K
−$20.8M
2024
$1.4M
−$20.9M
2025
RevenueNet income — beside revenue when positive, below the line when a loss
Metric
FY2018 audited
FY2019 audited
FY2020 audited
FY2021 audited
FY2022 audited
FY2023 unaudited
FY2024 audited
FY2025 audited
Income statement
Revenue
$0
$0
$0
$0
$14,250
$210,250
$385,000
$1,402,574
Cost of goods sold
$0
$0
$0
$0
$0
$0
$0
$506,551
Gross margin
—
—
—
—
100%
100%
100%
64%
Net income
$0
-$786,027
-$1,804,525
-$5,305,959
-$10,547,755
-$14,937,941
-$20,769,912
-$20,925,584
Taxes paid
$0
$0
$0
$0
$0
$7,670
$0
$0
Balance sheet
Cash
$0
$159,939
$422,900
$6,772,894
$20,527,649
$20,475,353
$36,019,781
$8,593,060
Accounts receivable
$0
$0
$0
$0
$0
$0
$134,630
$35,888
Total assets
$0
$171,801
$524,554
$8,612,359
$23,140,173
$31,205,121
$75,722,487
$96,146,155
Short-term debt
$0
$0
$555,000
$0
$0
$0
$811,868
$974,767
Long-term debt
$0
$313,000
$1,515,330
$2,555,000
$0
$0
$3,773,961
$3,227,543
Total liabilities
$0
$313,000
$2,070,330
$3,286,060
$932,658
$0
$8,687,557
$4,202,310
Other
Headcount
—
9
15
30
—
91
89
61

Figures as reported by the issuer in the filing shown on hover. Each year’s pill shows the assurance level of its filed statements — audited, reviewed (CPA review, less than an audit), or unaudited, as the filing’s own report or certification states it. A dashed pill marked * is inferred instead: the SEC minimum for an offering that size, which the issuer may have exceeded. No pill means we couldn’t tell. Headcount is the filing’s point-in-time count, not a year-end average. Manually corrected figures are marked “Corrected”.

Valuation over rounds

Pre-money — the valuation set before each round’s money came in
$306.5M
pre-money
$846.5M
est. pre-money
$885.1M
est. pre-money
$2.59B
pre-money
Reg CF · Common · Apr 2021
Private · Common · Oct 2024
Reg CF · Common · Nov 2024
Reg A+ · Equity · Jul 2025

Blue bars are the pre-money valuation the company stated for a priced round. Dotted grey bars are our estimate for rounds that didn't state one: the round's share price × the shares outstanding in its filings. Same measure as blue, but rougher.

Share price over rounds

log scale
$11.00$2.1194$0.4083
Nov 2020Jul 2025
Round offering price or verified disclosed saleDisclosed sale, unverified or year-only

“Today's shares” restates every price in the share terms current now, so a price before a split or an LLC→corporation conversion is divided by that event's ratio (each event is cited on the round page). Disclosed sales come from the issuer's own filings (prior-offering lines, audited-statement notes) and are amount ÷ securities sold. A down round is a firm point more than 25 % below the previous firm point of the same share class on a comparable basis; the comparison ignores unverified and year-only lines.

Cap table

Share counts as of Jul 2, 2026
Founders 1 Preferred Stock · 21.3%Series A Preferred Stock · 10.8%Series B Preferred Stock · 9.51%Common Stock · 58.4%
ClassOutstandingVotes / shareShare of totalLiquidationDividendLast price
Founders 1 Preferred Stockpreferred42,000,000121.3%———
Series A Preferred Stockpreferred21,260,928110.8%1× non-participating6% cumulative—
Series B Preferred Stockpreferred18,716,44219.51%1.5× participating—$4.75Nov 2024
Common Stock114,889,200158.4%——$11.00Jul 2025
Total196,866,570100%

Shares outstanding over timein today's share terms

82M41M0
Sep 2024May 2025
Common StockFounders 1 Preferred StockSeries A Preferred StockSeries B Preferred StockRound openedSplit / conversion

Changes in named holdersshares in today's terms · % of all shares at the time

Principal holders% as the filing states it, Jul 2, 2026

  • Teague Egan42,000,000 Founders 1 Preferred Stock100.0%of Founders 1 Preferred
  • Teague Egan77,962,500 Common Stock67.0%of
  • Kris Haber13,591,836 Series A Preferred Stock63.9%of Series A Preferred
  • Teague Egan2,086,092 Series A Preferred Stock9.81%of Series A Preferred
  • Kris Haber15,794,250 Common Stock7.13%of company
  • Teague Egan599,402 Series B Preferred Stock3.2%of Series B Preferred
  • Michael Egan599,402 Series B Preferred Stock3.2%of Series B Preferred
  • Dr. Amit Patwardhan4,622,000 Common Stock2.09%of company
  • Paul Leggett437,500 Common Stock—of company
  • Michael Egan600,000 Common Stock—of
  • Mayank Sharma776,000 Common Stock—of company

Sold to the crowd

  • Reg CF · Nov 20202,610,444 shares at $0.4083 in today's terms · sold as 217,537 shares at $4.90; since then a 3-for-1 split (Apr 2021), a 2-for-1 split (Nov 2021), a 2-for-1 split (Mar 2025)$1.1M
  • Reg CF · Apr 20211,486,544 shares at $2.00 in today's terms · sold as 371,636 shares at $8.00; since then a 2-for-1 split (Nov 2021), a 2-for-1 split (Mar 2025)$3M
  • Reg CF · Nov 2024418,294 shares at $4.75 in today's terms · sold as 209,147 shares at $9.50; since then a 2-for-1 split (Mar 2025)$2M· 764 investors

From the company's SEC filings: share counts per class, each class's voting and conversion terms, and the holders of 20% or more that Form C requires (officers and 10%+ holders on Form 1-A). Filings name only large holders, so most owners — including crowd investors — are not listed, and a holder's percentage may be of its own class rather than of the whole company. Prices and crowd share counts are in today's share terms — adjusted for splits and conversions since they were sold. Hover a figure for its filing.

Fundraising history

Raised $0 / $25.1MPost-money $2.6B
Reg A+ · Mar 2022Closedvia DealMaker
Raised $0
Raised $2M / $4.9MInvestors 764Est. pre-money $885.1M
Raised $75MEst. pre-money $846.5M
Raised $37.4MInvestors 2
Raised $3M / $3.9MPost-money $309.5M
Raised $7.7MInvestors 12
Raised $1.1M / $1.1M

Team

13 people
Teague EganFounder
Founder, Chief Executive Officer, and Director
/s/ Mayank Sharma
Chief Financial Officer
Dr. Amit Patwardhan
Chief Technology Officer
Mayank Sharma
Chief Financial Officer and Treasurer
/s/ Vincent Gomez
Controller
/s/ Paul Leggett
Director
/s/ Teague Egan
Principal Executive Officer
Kris Haber
Director
Kris Haber /s/ Teague Egan as attorney in fact
Director
Show 4 more people
Michael Egan
Director
Michael Egan /s/ Teague Egan as attorney in fact
Director
Paul Leggett
Director
Stefon Crawford
Director

Names and titles as disclosed on SEC Form 1-A, SEC Form C. Bios and photos come from the platform campaign page and may be out of date.

Reg CF annual-report compliance

Delinquent

Filed 5 of 6 annual reports (FY2020–FY2025)

Missing: 2020, 2024

764 investors
holder-count proxy

Reg CF issuers must file a Form C-AR each year until a Rule 202(b) termination trigger is met.

  • Form 1-SASep 28, 20260001493152-26-044634
    EDGAR
  • Form 253G2Jul 13, 20260001493152-26-032991
    EDGAR
  • Form 1-A POSJul 2, 20260001493152-26-031604
    EDGAR
  • Form QUALIFJul 2, 20269999999994-26-000130
    EDGAR
  • Form 1-A POSJul 1, 20260001493152-26-031424
    EDGAR
  • Form 1-A POSJun 26, 20260001493152-26-030293
    EDGAR
  • Form 1-A POSJun 16, 20260001493152-26-028871
    EDGAR
  • Form 1-KApr 23, 20260001493152-26-018785
    EDGAR
Source: ManualCIK 0001830166Share price $11.00

About this data. Figures are compiled from public sources — SEC EDGAR filings (Form C, C-AR, 1-A, 1-K) and funding-platform pages — and may be delayed, incomplete, or restated by the issuer. Financial statements are as reported by the issuer; each year is labeled with its assurance level (audited / reviewed / unaudited). A valuation cap is the conversion ceiling of a SAFE or convertible note, not an agreed company valuation; post-money figures are computed as pre-money plus amount raised and are not a traded price. Crowdonomics is not a broker-dealer, funding portal, or investment adviser; nothing here is investment advice or an offer to sell securities. Verify all figures against the linked EDGAR filings.