About us

Extracting nickel for lithium-ion batteries in an environmentally responsible manner

We are a technology company integrating electrochemistry principles with an advanced mechanical reactor design to improve the nickel extraction process without the need for high temperature and high pressure. BEST™ (Baniql Extraction SysTem) uses our patent-pending engineering design to maximize the leaching process. As a result, we use less energy, less water, and produce net-zero toxic waste.

US$0.0M

Raised across pre-seed and seed rounds

Patents — one published by USPTO, one pending

0 sqft

Production facility in Indonesia

0 kg/mo

Nickel sulfate pre-pilot capacity

Who we are

A diverse team of experts in chemistry, engineering and operations

Patented technology

Our highly diverse team of experts has developed a unique process and methodology for extracting metals without a significant environmental impact.

Direct access to resource

BANIQL has a dedicated resource scouting for nickel ore in Indonesia, working with the most prominent mining companies and building lasting relationships.

Our advantages

BANiQL excels in patented tech, strategic partnerships, and production of high-purity nickel products

Patented Technology

Innovative chemistry and process, with a published patent and another patent pending.

Strategic Partnerships

Commitment to provide feedback on sample performance through partner labs and a network of third-party analytical labs in South Korea.

Supply Chain

Secured over 20 tonnes of nickel ore supply from Indonesia and samples from the Philippines for research and development.

Production Capabilities

Completed construction of our 100 kg/month pre-pilot plant in Q4 2024, with trial productions currently underway.

Technology Licensing

Leveraging our patents for future joint ventures and licensing as our go-to-market strategy.

Our history

From a backyard experiment to a pre-pilot plant

Three years from first principles to trial production — every step validated by third parties.

Jan 2021
Willy's backyard
First extraction experiments begin.
Oct 2021
BANIQL Corp. incorporated
Incorporated in California.
Nov 2021
Patent search
Comprehensive patent search report completed for our core idea.
Jan 2022
First lab
Opened our first lab in Santa Clara, CA.
May 2022
Second lab
Moved to a second, larger lab in Santa Clara, CA.
Jul 2022
First patent filed
Filed our first patent for the BEST chemistry and process.
Dec 2022
MVP validated
MVP samples successfully evaluated by a third party in South Korea.
Feb 2023
Delaware holding
BANIQL Corp. Delaware holding established.
Jul 2023
Patent published
First patent published by the USPTO.
Sep 2023
Climate Impact Innovations Challenge
Won the inaugural challenge, with a 2.5 billion IDR grant from Temasek Foundation and East Ventures.
Jan–Apr 2024
Series seed
Secured a US$1.65M series seed round led by BEENEXT.
Mar 2024
Production facility
Secured a 10,500 sqft warehouse and built our 100 kg/month pre-pilot plant.

Achievements over 24 months

Our achievements

Funding

Raised a total of US$2.1M in pre-seed and seed rounds
Secured investments from BEENEXT, A2D, Seedstars, Sopoong, XA Network and angel investors
2.5 billion IDR grant from Temasek Foundation in September 2023