Tech Company Financing Transactions

Lilac Solutions Funding Round

Lilac Solutions closed a $150 million Series B financing round on 9/23/2021. Investors included Lowercarbon Capital, Breakthrough Energy Ventures and Mercuria Investment.

Transaction Overview

Company Name
Announced On
9/23/2021
Transaction Type
Venture Equity
Amount
$150,000,000
Round
Series B
Investors

Lowercarbon Capital (Lead Investor) (Chris Sacca)

Breakthrough Energy Ventures (Carmichael Roberts)

Mercuria Investment

T. Rowe Price (John Qian)

The Engine (Katie Rae)

Valor Equity Partners

Proceeds Purpose
Lilac will use the new funds to ramp production of the company's unique ion exchange beads, expand its teams of engineers and field operators, and deploy the technology globally.

Company Information

Company Status
Private & Independent
Industry
Manufacturing
Mailing Address
1731 Poplar St.
Oakland, CA 94607
USA
Email Address
Not Recorded
Overview
Lilac Solutions is a mining technology company based in Oakland, California. Lilac has developed a patented ion exchange technology that facilitates production of lithium from abundant brine resources with minimal cost and ultra-low environmental footprint. Lilac's mission is to increase lithium supplies needed for electric vehicles and renewable energy storage.
Profile
Lilac Solutions LinkedIn Company Profile
Social Media
Lilac Solutions Company Twitter Account
Company News
Lilac Solutions News
Facebook
Lilac Solutions on Facebook
YouTube
Lilac Solutions on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
David Snydacker
  David Snydacker LinkedIn Profile  David Snydacker Twitter Account  David Snydacker News  David Snydacker on Facebook
Chief Operating Officer
Nick Goldberg
  Nick Goldberg LinkedIn Profile  Nick Goldberg Twitter Account  Nick Goldberg News  Nick Goldberg on Facebook
VP - Bus. Development
Thomas Wilson
  Thomas Wilson LinkedIn Profile  Thomas Wilson Twitter Account  Thomas Wilson News  Thomas Wilson on Facebook


 

 

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Prev: 9/23/2021: EarthOptics venture capital transaction
Next: 9/23/2021: UnifiHealth venture capital transaction

 

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We do our best to document every notable VC transaction. VC investment data records reported here are derived from a variety of public sources. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


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