# Lithium Ionic funding: rounds and investors

> Lithium Ionic has raised $11M across 1 round since 2025. Every round with its source.

Source: https://millionrounds.com/company/lithium-ionic (Millionrounds; every figure on the page links to its filing or article)

Canada · [Funded startup](https://millionrounds.com/companies)

# Who invested in *Lithium Ionic*

One round we have observed, with the 0 investors named in it. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Oil & Gas

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Funding summary Updated 1 Nov 2026

**$11M** raised across 1 round since 2025, from 1 source

- **Latest round:** Round, $11M Sept 2025
- **Investors:** 0

See who backed them

## The rounds

- **Sept 2025** Round **$11M** No investor was named in the report. Source recorded

## Founders and team

From Lithium Ionic's own website: 3 on the team.

- **Mike Westendorf** Chief Operating Officer
- **Tom Olesinski** Chief Financial Officer
- **André Guimarães** VP Corporate Development

## Also claim to have backed them

This firm lists Lithium Ionic as a portfolio company on their own website, but no report of a round names it. They are the firms' own claims, kept apart from the rounds above.

[RK Equity](https://millionrounds.com/fund/rk-equity) Advisor Per its own site

## Quick answers about Lithium Ionic

### How much has Lithium Ionic raised?

Lithium Ionic has raised $11M across 1 round since 2025.

### When did Lithium Ionic last raise?

Lithium Ionic's most recent round was an Undisclosed round of $11M in Sept 2025.

### What was Lithium Ionic's biggest round?

Its most recent round, $11M in Sept 2025, is also its largest on record.

### What stage is Lithium Ionic at?

Lithium Ionic's latest named round is an Undisclosed round, in Sept 2025.

### Where is Lithium Ionic based?

Lithium Ionic is based in Canada.

## Companies like Lithium Ionic

In the same sector, and raised in the last eighteen months.

[**Quminex** $1.1M · Oct 2026](https://millionrounds.com/company/quminex)[**Hertz Energy** $3.7M · Sept 2026](https://millionrounds.com/company/hertz-energy)[**Cadillac Mines** $130M · Jul 2026](https://millionrounds.com/company/cadillac-mines)[**Kingfisher Metals** $15M · Jul 2026](https://millionrounds.com/company/kingfisher-metals)[**Maple Gold Mines** $2.3M · Jun 2026](https://millionrounds.com/company/maple-gold-mines)[**Kodiak Copper** $11M · Jun 2026](https://millionrounds.com/company/kodiak-copper)

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