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Lilac Solutions
company
About
Lilac Solutions develops an ion exchange technology to address the challenges faced by lithium producers.
- 11 - 50
Details
- Last Funding Type
- Grant
- Last Funding Money Raised
- $50M
- Industries
- Advanced Materials,Chemical,Energy Storage,Natural Resources
- Founded date
- Jan 1, 2016
- Number Of Employee
- 11 - 50
- Operating Status
- Active
Lilac Solutions has developed a new ion exchange technology to address the challenges faced by lithium producers. Lilac's technology cuts capital and operating costs, accelerates project startup, boosts lithium recovery, and unlocks new resources. Their process is modular and can be ramped up quickly through pilot and commercial projects.Lilac is a mining technology company and is building partnerships with brine developers and operators around the world.
Funding Rounds
Number of Funding Rounds
Total Funding Amount
2
$200M
Lilac Solutions has raised a total of
$200M
in funding over 2 rounds. Their latest funding was raised on
Oct 19, 2022 from a Grant round.
| Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
|---|---|---|---|---|---|---|
| Oct 19, 2022 | Grant | $50M | 1 |
US Department of Energy
|
— | Detail |
| Sep 22, 2021 | Series B | $150M | 1 | — | — | Detail |
Investors
Number of Lead Investors
Number of Investors
1
2
Lilac Solutions is funded by 2 investors.
US Department of Energy
and Mercuria
are the most recent investors.
| Investor Name | Lead Investor | Funding Round |
|---|---|---|
|
US Department of Energy
|
Yes | Grant |
Mercuria
|
— | Series B |
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