Who invested in Mangrove Lithium

2 rounds we have observed, with the 4 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Energy

Raised 7 months ago

Funding summaryUpdated 26 Oct 2026

$101Mraised across 2 rounds since 2026, from 2 sources

$85MDebt$16MGrant

Latest round: Grant, $16MApr 2026
Biggest round: $85MDebt · Jan 2026
Investors: 4

See who backed them

The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

20262027

$85MDebt$16MGrant

First round: Debt, $85M
Biggest round: $85M
Between rounds: 3 months

Mangrove LithiumBattery1 / 8Their pitch deckMangrove Lithium's pitch deck, 8 slidesEach slide read for what it argues, against the decks that raised at the same stage.

The rounds

Apr 2026
Grant$16M1 new3 returning
Source recorded
Jan 2026
Debt$85M3 new
Source recorded

Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

Debt2026Grant2026

Export Development Canada

Breakthrough Energy

National Bank of Canada

Government of Canada

Everyone who backed them

Export Development CanadaGovernment2rounds

Breakthrough EnergyVC firm2rounds

National Bank of CanadaPrivate equity2rounds

Government of CanadaGovernment1round

Missing a round, or an investor who was in one? Tell us.

Also claim to have backed them

This firm lists Mangrove Lithium 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.