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Lilac Solutions

1731 Poplar Street
Oakland, CA 94607
USA
Website Company Summary Management Team
Management

CEO: David Snydacker (6/30/2016)
President/COO/Operations: Nicholas Goldberg (7/31/2018)
Finance: David Gelinas (03/31/2021)
Technology: Christina Fleming ; Thomas Wilson (7/31/2019)
Board

Outside board: (May no longer be on the board) David T Danielson (Breakthrough Energy Ventures Managing Director) Katie Rae (The Engine Managing General Partner) Clay Dumas (Lowercarbon Capital Partner)
Former outside board: Matthew Nordan (PRIME Impact Fund Managing Director)
Company

Business description: Lilac Solutions is a lithium extraction technology company. 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. Our unique ion exchange technology enables lithium producers to accelerate project development, boost lithium recovery, streamline operations, and unlock new resources. Lilac Solutions has developed a new ion exchange technology to address the challenges faced by lithium producers. Lilac's technology cuts capital and operating costs, accelerates project startup, boosts lithium recovery, and unlocks new resources. Our process is modular and can be ramped up quickly through pilot and commercial projects. The company’s unique ion exchange beads and continuous brine processing system together enable a simple and robust process yielding concentrated high-purity lithium solutions from a wide variety of resources. These solutions can be fed into conventional downstream processes for production of battery-grade lithium chemicals. Our process can access brines with low concentrations of lithium while rejecting large amounts of impurities including divalent ions. Lilac holds multiple patents related to lithium extraction and processing.
Capital

Rounds: 5
Recent Fundings: Oct 2021   Feb 2020
Capital raised: 173.6M
Last Round: 150.0M
Ownership: Private  
VCs include: BMW i Ventures ;  ONE WORLD Training & Investments ;  MCJ Collective Earthshot Ventures
Corporate investors: Presidio Ventures ;  SK Materials
Other investors: PRIME Impact Fund ;  The Grantham Foundation

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Overview
Record updated: Oct 2021
Sector: Materials
Year Founded: 2016
Headcount: 26-50 as of Oct 2021
Rounds: 5
Recent Fundings: Oct 2021   Feb 2020
Capital Raised: 173.6M
Last Round: 150.0M
Ownership: Private