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BANIQL
BANIQL is a Santa Clara / San Jose-based climate-tech startup building a low-acid, low-energy chemical process to extract nickel and cobalt from laterite ore for lithium-ion batteries. Its patented method runs at atmospheric pressure and lower temperatures, cutting energy use and CO2 emissions by roughly 80%, lowering costs by about 30% versus conventional high-pressure acid leaching (HPAL), and generating virtually zero waste. Founded in 2021, the company runs R&D and pilot production in the U.S. and ton-scale prototype production in Indonesia, targeting the EV and battery-materials supply chain.
Eric Januar
Eric Januar is a co-founder and CEO of BANIQL, a Silicon Valley deep-tech startup reinventing how the world pulls nickel and cobalt out of the ground for electric-vehicle batteries. With 12 years in electronics, battery and semiconductor R&D - including a stint at Merck and a prior startup exit - he helped build BEST (the Baniql Extraction SysTem), a low-temperature, low-pressure process that the company says cuts electricity use by roughly 98 percent and reaches 99.7 percent nickel sulfate purity with net-zero toxic waste. BANIQL closed a US$1.6M seed round in 2024 and completed a 100 kg/month pre-pilot plant by year-end.
Willy Halim
Willy Halim is a chemical engineer and the founder of BANIQL, a San Jose climate-tech startup he started in his backyard in 2021 to refine nickel and cobalt without the heat, pressure, and toxic waste of conventional mining. Trained at UC Berkeley and Cornell and seasoned as a battery engineer in Silicon Valley, he built a low-temperature, atmospheric-pressure chemical process that BANIQL says uses about 80% less energy than industry-standard high-pressure acid leaching, produces net-zero toxic waste, and turns leftovers into fertilizer and construction material. The company raised a $1.6M seed round led by BEENEXT in 2024 and added 500 Global and Genesia Ventures in 2025, aiming first at Indonesia, which holds roughly a quarter of the world's nickel.