Lilac Solutions, Inc.
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Lilac Solutions, Inc. - overview
Established
2016
Location
Oakland, CA, US
Primary Industry
Mining
About
Based in California, US, and founded in 2016 by CTO, David Snydacker, Lilac Solutions, Inc. operates as a lithium extraction technology company that develops an ion-based material used by industries in lithium extraction. In February 2024, Lilac Solutions, Inc. raised USD 145 million in series C funding from Mitsubishi Corporation and The Nature Conservancy Endowment.
As of 2025, the company is led by its CEO, Raef Sully. Lilac Solutions develops an ion exchange technology that enables lithium producers to produce concentrated lithium from a wide variety of resources. The company produces ion beads and delivers them to brine projects worldwide, where these beads absorb lithium as brine flows through them. Once saturated, hydrochloric acid is used to flush out the lithium, thereby getting lithium chloride.
The company plans to use series C funding in February 2024 to scale its lithium batteries intended for electric vehicles.
Current Investors
Breakthrough Energy Ventures, Grantham Foundation, Engine Ventures
Primary Industry
Mining
Sub Industries
Advanced Materials, Metal Mining
Website
www.lilacsolutions.com/
Company Stage
Series C
Total Amount Raised
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