BREAKING: AEPNUS EXITS STEALTH WITH $8M SEED 5,000 TONS OF WASTE SALT PER GIGAWATT-HOUR OF BATTERIES $700 OF CHEMICALS RECOVERED PER TON, AT $350 COST PICKUP-TRUCK-SIZED MACHINE, 20,000 TONS A YEAR FROM A BERKELEY PHD ON DESALINATION TO A SALT-EATING STARTUP AEPNUS EXITS STEALTH WITH $8M SEED 5,000 TONS OF WASTE SALT PER GIGAWATT-HOUR OF BATTERIES $700 OF CHEMICALS RECOVERED PER TON, AT $350 COST PICKUP-TRUCK-SIZED MACHINE, 20,000 TONS A YEAR FROM A BERKELEY PHD ON DESALINATION TO A SALT-EATING STARTUP
The Salt Issue · Emeryville, CA

Lukas Hackl

He feeds factories their own garbage and hands back the chemicals they were paying to import.

Lukas Hackl, co-founder and CEO of Aepnus Technology
The engineer who looked at a pile of waste salt and saw a balance sheet. Photo: Cyclotron Road / LBNL.
The Dispatch

There is a white powder piling up behind every battery plant on Earth. Lukas Hackl is the rare person who got excited about it.

The powder is sodium sulfate. It is dull, it is harmless, and it is everywhere the energy transition goes. Make a gigawatt-hour of batteries and you produce roughly 5,000 metric tons of the stuff. In China you can sell it to detergent makers. In the United States and Europe you mostly pay to haul it away, while buying back the very chemicals you could have pulled out of it. One BASF cathode plant in Finland was denied an environmental permit over exactly this waste.

Hackl runs Aepnus Technology, a company whose entire premise is that this is a loop, not a line. His electrolyzers take the discarded salt and split it back into sulfuric acid and caustic soda, the two reagents battery factories were importing by the tanker. The waste goes in one end. The shopping list comes out the other.

Electrolytic manufacturing is the key to decarbonizing chemical manufacturing, broadly speaking. - Lukas Hackl, CEO, Aepnus Technology
$12M
Total raised
20,000
Tons / year, one machine
~13 yrs
Since the co-founders met
2x
Value out vs. cost in
How It Started

Two exchange students, a long road trip, and the same complaint at every stop.

Hackl trained as a mechanical engineer, earning a master's at ETH Zurich before crossing the Atlantic. At UC Berkeley he met Bilen Akuzum, a fellow exchange student who would, more than a decade later, become his co-founder. Hackl's PhD work, carried out at Berkeley and Lawrence Berkeley National Laboratory, was on electrochemical water desalination - the unglamorous science of pulling salt out of where you don't want it.

In 2020 the pair toured the upstream battery supply chain across California and Nevada, then drove north toward Canada. Miners said it. Mineral processors said it. Cell makers said it. The same bottleneck kept surfacing: chemical waste, mountains of it, sitting next to invoices for chemicals being shipped in. A desalination researcher heard a desalination problem hiding inside the biggest industrial story of the decade.

The lab technique had a second life. The company was named Aepnus, and Hackl became its CEO.

The problem that kept popping up - whether we were talking to folks recycling batteries, mining battery minerals, or making battery cells - was this waste stream issue. - Lukas Hackl, on Aepnus's customer discovery
The Machine

Salt in. Acid and soda out. Electricity does the rest.

Aepnus builds an electrolyzer - metal electrodes separated by membranes - that runs renewable electricity through waste sodium sulfate and pulls it apart. The trick is what it leaves out. By replacing expensive catalysts with cheaper materials, Hackl's team claims roughly 60% lower stack costs than PEM electrolyzers and about 30% better energy efficiency than conventional designs. The whole unit is about the size of a pickup truck and is built to chew through some 20,000 tons of salt a year.

Sodium Sulfate
Waste salt in
Electrolyzer
Catalyst-free, renewable-powered
Acid + Soda
Sulfuric acid & caustic soda out

The economics, in one picture. Aepnus says it regenerates about $700 of chemicals per ton of salt at a cost of roughly $350.

VALUE RECOVERED / TON~$700
COST TO PROCESS / TON~$350
The Timeline
~2013
Meets Bilen Akuzum as an exchange student at UC Berkeley.
2020
Tours the EV battery supply chain across California and Nevada; the waste-salt problem reveals itself on the drive to Canada.
2023
Co-founds Aepnus Technology; joins the Cyclotron Road / Activate fellowship at Lawrence Berkeley National Laboratory.
2024
Commissions a pilot system and exits stealth with $8M seed funding led by Clean Energy Ventures.
2026
Total funding reported around $12M as pilots scale toward commercial deployment.
The Believers

The money behind the salt.

Lead Investor

Clean Energy Ventures

Led the $8M seed round and made the case publicly for why electrified chemical manufacturing is the bet to make.

Co-Investors

Lowercarbon & Voyager

Lowercarbon Capital and Voyager Ventures joined alongside Impact Science, Muus Climate Partners and Gravity Climate Fund.

The Lab Partner

Berkeley Lab

Aepnus validated its platform through a formal CRADA collaboration with Lawrence Berkeley National Laboratory.

Telling Details

The small things that explain the big bet.

The InversionHe spent a PhD learning to take salt out of water. Now he runs a company built on taking the value out of salt.
Two WordsCyclotron Road describes him as passionate about climate change mitigation coupled with entrepreneurship. That is, more or less, the whole job.
The Road Trip OriginThe business plan didn't come from a whiteboard. It came from listening to the same gripe at stop after stop between California and Canada.
First-Time FoundersBoth Hackl and his co-founder are engineers making their first venture into entrepreneurship - learning the company while building the chemistry.
Start with battery waste. Then lithium refining, metals processing, CO2 electrolysis. The ambition is gigaton-scale, and it's all the same idea: stop making chemicals the dirty way. - The Aepnus thesis, in plain terms
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