Funding and M&A Roundup: Cornish Lithium Raises $47 Million
sun.store raises $7 million in seed funding
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Cornish Lithium, a U.K.-based mineral exploration and development company, raised £35 million (~$47 million) in equity funding from its existing institutional investors. The round, led by the National Wealth Fund with an investment of up to £31 million (~$41.7 million), also includes a £4 million (~$5.4 million) contribution from TechMet. The funds, combined with proceeds from an upcoming crowdfunding campaign, will be directed toward advancing two projects: the Trelavour Lithium Project and the Cross Lanes Geothermal Lithium Project.
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