Lilac Solutions, Inc. is a pioneering company in the field of lithium extraction technology, with its headquarters in Oakland, California. Founded in 2016, the company operates within the Energy Storage sector, a rapidly growing industry with a high demand for innovative solutions. Notably, Lilac Solutions secured a significant $145.00M Series C investment on 12 February 2024, demonstrating strong investor confidence. Among the key investors involved in this latest funding round are prominent names such as BMW i Ventures, Presidio Ventures, Breakthrough Energy Ventures, Lowercarbon Capital, T. Rowe Price, Aventurine Partners, Engine Ventures, Green Spark Ventures, The Nature Conservancy, and Mitsubishi Corporation. This hefty investment and the support from such influential investors not only signify a validation of Lilac Solutions' technological prowess but also provide a solid financial foundation for the company's further growth and development.
Funding Stage | Amount | No. Investors | Investors | Date |
---|---|---|---|---|
Series C | $145.00M | 10 | The Nature Conservancy, Mitsubishi Corporation | 12 Feb 2024 |
Grant | $50.00M | 1 | US Department of Energy | 19 Oct 2022 |
Series B | $150.00M | 10 | 22 Sep 2021 | |
Series A | $20.00M | 6 | Stanton Green, Grantham Foundation | 06 Feb 2020 |
Seed Round | $2.50M | 4 | 15 Jan 2019 |
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