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Lilac Solutions Announces $150 Million Series B To Scale Lithium Supply For The Electric Vehicle Era

PRIVATESep 22, 2021

Amount Raised

$150 Million

Round Type

Series B

OaklandManufacturingInformation TechnologyEnergySustainabilityNatural ResourcesScience And Engineering

Description

Lilac Solutions, a lithium extraction technology company, announced today the first close of a $150 million Series B financing led by Lowercarbon Capital and funds and accounts advised by T. Rowe Price Associates, Inc. Additional new investors include Mercuria Energy Trading and Valor Equity Partners; existing investors Breakthrough Energy Ventures and The Engine also participated in the round.

Quick answer

Lilac Solutions, Inc. raised $150 Million in a Series B round, dated September 22, 2021. Lilac Solutions, Inc. is based in Oakland, California, United States.

How much did Lilac Solutions, Inc. raise?
Lilac Solutions, Inc. raised $150 Million in a Series B round on September 22, 2021.
What does Lilac Solutions, Inc. do?
Lilac Solutions is a lithium extraction technology company based in Oakland, California.
Where is Lilac Solutions, Inc. based and how big is it?
Lilac Solutions, Inc. is based in Oakland, California, United States.
Who are the decision-makers at Lilac Solutions, Inc?
Fundz holds 2 contacts at Lilac Solutions, Inc., including the President & Chief Technology Officer. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Energy and Sustainability around the same time

Companies in the same sectors as Lilac Solutions, Inc. that raised within 45 days of this round, from Fundz verified event records.

  • Osmoses raised $3M (Pre-Seed) on November 4, 2021.
  • Yotta Energy raised $13M (Funding Round) on November 2, 2021.
  • Natron Energy raised $37M on October 20, 2021.
  • iSun raised $16M on October 14, 2021.
  • Ameresco raised $45M (Funding Round) on October 7, 2021.
  • iSun raised $30M (Funding Round) on October 6, 2021.

Who to call at Lilac Solutions, Inc., and when

A new round usually means Lilac Solutions, Inc. is about to hire and buy. The teams that reach out first get the meeting.

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Company Information

Company

Lilac Solutions, Inc.

Location

1731 POPLAR STREET

Oakland, California, United States

About

Lilac Solutions is a lithium extraction technology company based in Oakland, California. Lilac has developed a patented ion exchange technology that facilitates production of lithium from brine resources with high efficiency, minimal cost, and ultra-low environmental footprint. Lilac's mission is to scale global lithium production to support the electric vehicle industry and energy transition.

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Related People

2 contacts
Verified contactsDavid A., President & Chief Technology Officer hidden hiddenSee plans and pricing
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Funding Insights

What this usually means
Timeline to next round
Series B companies typically work for 15-20 months before raising new capital
Growth expectations
Series B companies are expected to scale rapidly and expand market reach

Lilac Solutions, Inc. raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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