Electralith Pty Ltd announced that it has raised AUD 27.5 million in a round of funding led by new investor, CSIRO Financial Services Pty. Ltd., on January 16, 2025. The transaction involved participation from new investors, Marathon Petroleum Corporation (NYSE:MPC), Breakthrough Victoria Pty Ltd, Fathom Fund, Chevron Corporation, Host-Plus Pty.

Limited, In-Q-Tel, Inc., and returning investors, Rio Tinto Group, Monash University, IP Group Plc.