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Simbol Materials
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Producer of lithium, manganese, and zinc battery chemicals for electric cars and consumer electronics; formerly known as Simbol Mining

Founded in 2007
Founded in

Company type Out of Business Public ()
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Industry Group materials & chemicals

Sector advanced energy materials

TRL Range 7-8
TRL 1 Basic research
TRL 2 Technology formulation
TRL 3 Applied research
TRL 4 Small scale prototype
TRL 5 Large scale prototype
TRL 6 Prototype system
TRL 7 Demonstration system
TRL 8 First of a kind commercial system
TRL 9 Full commercial application
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Headquarters Pleasanton, CA Pleasanton, United States
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Updated by Randy Grow at Simbol Materials on 05/16/2013

Edited by Cleantech Group on 05/07/2021

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Date Partner Type
05/31/2012
EnergySource EnergySource
EnergySource and Simbol Materials have partnered on projects involving geothermal power plants Hudson Ranch I and Hudson Ranch II. Simbol Materials will build a minerals extraction facility next to Hudson Ranch I to extract minerals from spent Hudson Ranch I hydrothermal brines.
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Confirmed by EnergySource
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IPO INFORMATION

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Date Investors Type Amount
12/24/2009 Mohr Davidow Mohr Davidow , ITOCHU ITOCHU , Infield Capital Infield Capital , Firelake Capital Management Firelake Capital Management (4)
Post-money valuation of
Simbol raised $1.375 Million of an anticipated $5 MIllion round of convertible promissory notes.
Structured Debt $1,375,000
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