Tech Company Financing Transactions

Mangrove Lithium Funding Round

Breakthrough Energy Ventures and BDC Venture Capital joined a $10 million Series A funding round for Mangrove Lithium. The round closed on 11/18/2021.

Transaction Overview

Company Name
Announced On
11/18/2021
Transaction Type
Venture Equity
Amount
$10,000,000
Round
Series A
Investors

Breakthrough Energy Ventures (Lead Investor) (Carmichael Roberts)

BDC Venture Capital (Vivian Kan)

Proceeds Purpose
The company will use the investment to build its first operational, commercial-scale plant with the intention of expanding lithium refining capacity in the Western Hemisphere.

Company Information

Company Status
Private & Independent
Industry
Energy & Battery
Mailing Address
3800 Wesbrook Mall
Vancouver BC, V6S 2L9
Canada
Phone
Undisclosed
Email Address
Overview
Mangrove Lithium, a Vancouver based Company, has developed a breakthrough platform for the most cost-effective production of battery grade lithium hydroxide from diverse input streams and assets. Mangrove's modular solution can be scaled to any capacity and co-located with upstream lithium producers or cathode and cell manufacturers.
Profile
Mangrove Lithium LinkedIn Company Profile
Social Media
Mangrove Lithium Company Twitter Account
Company News
Mangrove Lithium News
Facebook
Mangrove Lithium on Facebook
YouTube
Mangrove Lithium on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Saad Dara
  Saad Dara LinkedIn Profile  Saad Dara Twitter Account  Saad Dara News  Saad Dara on Facebook
VP - Engineering
George Nagy
  George Nagy LinkedIn Profile  George Nagy Twitter Account  George Nagy News  George Nagy on Facebook


 

 

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Prev: 11/18/2021: Overwolf venture capital transaction
Next: 11/18/2021: Nym Technologies venture capital transaction

 

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We do our best to report on every notable VC transaction. VC investment data records reported here are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


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