# Lilac: Mining & metals, Oakland, United States

> Lilac: Lilac Solutions is based in Oakland, California, and specializes in advanced lithium extraction technology. Based in Oakland, United States.

Source: https://millionrounds.com/startup/lilac-4 (Millionrounds; every figure on the page links to its filing or article)

United States · [Mining & metals startup](https://millionrounds.com/companies)

# Lilac

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

Funding reported Last round: Series C

Mining & metals Oakland, United States

Company summary

- **Founded:** 2016 10 years old
- **Team:** 210 201 to 1,000 people
- **Funding reported:** $369M in dollars
- **Last round:** Series C Feb 2024

How sure we are

- ✓ **Listed** We know it exists and what it does
- 2 **Funding reported** A company dataset reports a raise
- 3 **Observed** A filing or a dated announcement confirms a round

No round for Lilac has been confirmed by a filing or an announcement yet, so nothing here counts toward an investor's record. [How we decide](https://millionrounds.com/methodology)

## 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 **$369M** in dollars

Rounds **8**

Last round **Series C**

Last round size **$100M**

Last round date **Feb 2024**

Investors listed **25**

## Founders and team

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

- **David Snydacker** President & Chief Technology Officer
- **Raef Sully** Chief Executive Officer
- **Felipe de Mussy** President, South America
- **David Gelinas** Chief Financial Officer
- **Nick Goldberg** Chief Legal Officer
- **Amos Indranada** VP, Technology
- **Mark Mulligan** VP, Engineering and Project Execution
- **Susannah Blumenstock** VP, People
- **Ian Pearce** ● Board of Directors

## On 7 portfolio pages

Investors who name them

- [Prime Impact Fund](https://millionrounds.com/fund/prime-impact-fund)
- [Azolla Ventures](https://millionrounds.com/fund/azolla-ventures)
- [Mount Wilson Ventures](https://millionrounds.com/fund/mount-wilson-ventures)
- [Tribeca Early Stage Partners](https://millionrounds.com/fund/tribeca-early-stage-partners)
- [BMW i Ventures](https://millionrounds.com/fund/bmw-i-ventures)
- [Presidio Ventures](https://millionrounds.com/fund/presidio-ventures)
- [Allatus](https://millionrounds.com/fund/allatus)

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 manufacturing hardware demonstration plant modular extraction systems clean energy & technology lithium supply chain pilot plants lithium brine chemistry mining technologies environmentally friendly distribution lithium mining manufacturing water reduction lithium carbonate commercial extraction systems

Built with from their website

Jira Service Management Google Tag Manager WordPress.org Atlassian PWA CloudFlare Viewport Meta CookieYes Hubspot Cloudflare WAF

+8 more

OpenAI Apple Business Manager Weglot NetSuite CloudFlare CDN Bunny React FRAC Pumps

- **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](https://millionrounds.com/directory/lilac-solutions)

## Mining & metals in United States

Startups like it

- [**Redwood Materials** Carson City · founded 2017 *Raised*](https://millionrounds.com/company/redwood-materials)
- [**KoBold Metals** Berkeley · founded 2018 *Raised*](https://millionrounds.com/company/kobold-metals)
- [**Reframe Systems** Andover · founded 2021 *Raised*](https://millionrounds.com/company/reframe-systems)
- [**Mariana Minerals** San Francisco · founded 2009](https://millionrounds.com/startup/mariana-minerals)
- [**JENNMAR** Pittsburgh · founded 1972](https://millionrounds.com/startup/jennmar)
- [**Seurat Technologies** Wilmington · founded 2015](https://millionrounds.com/startup/seurat-technologies)
- [**Jetti Resources** Boulder · founded 2014](https://millionrounds.com/startup/jetti-resources)
- [**DISA Uranium** Casper · founded 2018](https://millionrounds.com/startup/disa-uranium)

## Is this your company?

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