United States · Mining & metals startup

Lilac

Lilac Solutions is based in Oakland, California, and specializes in advanced lithium extraction technology.

Funding reportedLast round: Series C

Mining & metalsOakland, United States

About Lilac

Lilac Solutions is based in Oakland, California, and specializes in advanced lithium extraction technology.

The company has developed patented ion-exchange (IX) technology that utilizes durable ceramic IX beads to efficiently extract lithium from brines while significantly reducing freshwater usage. This innovative approach eliminates the need for evaporation ponds and allows for high recovery rates from various brine types, even at low lithium concentrations. Lilac offers a comprehensive service for lithium extraction, including the design, construction, and operation of commercial systems worldwide. They provide support for resource owners and operators, partnering with leading engineering firms to enhance project efficiency. Their target customers include resource owners, operators, and brine project developers looking to optimize lithium extraction with minimal environmental impact. With a commitment to building a U.S. lithium supply chain, Lilac has successfully raised $315 million in capital to expand its operations.

What company datasets say Lilac raised

Funding, as reported

Reported in all$369Min dollars
Rounds8
Last roundSeries C
Last round size$100M
Last round dateFeb 2024
Investors listed25

Founders and team

From Lilac's own website: 9 on the team.

  • David SnydackerPresident & Chief Technology Officer
  • Raef SullyChief Executive Officer
  • Felipe de MussyPresident, South America
  • David GelinasChief Financial Officer
  • Nick GoldbergChief Legal Officer
  • Amos IndranadaVP, Technology
  • Mark MulliganVP, Engineering and Project Execution
  • Susannah BlumenstockVP, People
  • Ian Pearce● Board of Directors

On 7 portfolio pages

Investors who name them

Each firm lists Lilac on its own website. That is the firm's claim, a weaker thing than a round we watched, but a named source.

The company, in detail

What they build

Known for

lithium manufacturinghardwaredemonstration plantmodular extraction systemsclean energy & technologylithium supply chainpilot plantslithium brine chemistrymining technologiesenvironmentally friendlydistributionlithium miningmanufacturingwater reductionlithium carbonatecommercial extraction systems

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Sector
Mining & metals
Industry code
NAICS 33324, 325199, 541715, SIC 3621
Region
California
Revenue
$75M a year, as listed
Full record
Every detail in the company directory

Mining & metals in United States

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