Tech Company Financing Transactions
Mangrove Lithium Funding Round
Mangrove Lithium closed a $35 million funding round on 1/28/2025. Investors included Asahi Kasei, BDC Capital and BMW i Ventures.
Transaction Overview
Company Name
Announced On
1/28/2025
Transaction Type
Venture Equity
Amount
$35,000,000
Round
Undisclosed
Investors
Proceeds Purpose
The company intends to use the funds to expand operations and its development efforts.
Company Information
Company Status
Private & Independent
Industry
Energy & Battery
Mailing Address
3800 Wesbrook Mall
Vancouver BC, V6S 2L9
Canada
Vancouver BC, V6S 2L9
Canada
Phone
Undisclosed
Website
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
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Saad Dara
VP - Engineering
George Nagy
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