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Lilac Solutions - About the company

Lilac Solutions is a series C company based in San Francisco (United States), founded in 2016. It operates as a Provider of lithium extraction solutions. Lilac Solutions has raised $352M in funding from investors like T. Rowe Price, Prime Coalition and Breakthrough Energy, with a current valuation of $*****. The company has 26 active competitors, including 12 funded and 3 that have exited. Its top competitors include companies like Mangrove Lithium, Summit Nanotech and Energy Exploration Technologies.

Company Details

LiLac is a provider of lithium extraction solutions and services. The solution offered is an ion exchange technology that is used by lithium extractors to extract lithium. The ion exchange beads and brine processing system together extract pure lithium solutions for various industrial needs.
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Part Of
Registered Address
Rīga, Vecā Biķernieku iela 11 - 16
Key Metrics
Founded Year
2016
Location
San Francisco, United States
Stage
Series C
Total Funding
$352M in 9 rounds
Latest Funding Round
Post Money Valuation
$***** as on Feb 12, 2024
Ranked
Employee Count
214 as on Sep 30, 2026
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Lilac Solutions's funding and investors

Lilac Solutions has raised a total funding of $352M over 9 rounds. Its first funding round was on Feb 21, 2017. Lilac Solutions has 23 institutional investors.

Here is the list of recent funding rounds of Lilac Solutions:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Jun 12, 2026
8961515
Series C
4539141
6030619
9737505
3397635
Feb 12, 2024
4906923
Series C
8189160
2598451
9913826
Sep 22, 2021
9666396
Series B
2126739
3187120
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Lilac Solutions' founders and board of directors

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Lilac Solutions' Board of Directors

Lilac Solutions's board has 7 active members. Matthew Nordan, Katie Rae, David Danielson, Clay Dumas, Nicholas Goldberg, David Gelinas and David Snydacker are independent board members.
Here is the list of Lilac Solutions' board of directors:
Name
Type
Representing
Status
Duration
Independent board member
-
Current
6y 7m
pfjueza
Independent board member
-
Current
7y 9m
aiuuxjl
Independent board member
-
Current
6y 5m
ivz{lrj
Independent board member
-
Current
7y 1m
exwaksh
Independent board member
-
Current
2y 4m
swcrcnn
Independent board member
-
Current
8y 5m
perpgph
Independent board member
-
Current
7y 4m

Lilac Solutions' employee count trend

Lilac Solutions has 214 employees as of Sep 26. Here is Lilac Solutions's employee count trend over the years:
Employee count trend for Lilac Solutions
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Lilac Solutions's Competitors and alternates

Top competitors of Lilac Solutions include Mangrove Lithium, Summit Nanotech and Energy Exploration Technologies. Here is the list of Top 10 competitors of Lilac Solutions, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Mangrove Lithium
Mangrove Lithium
2013, Delta (Canada), Series B
Developer of modular scalable lithium refining technology for battery‑grade production
$46.5M
64/100
2nd
Logo for Summit Nanotech
Summit Nanotech
2018, Calgary (Canada), Series B
Developer of a process for extracting lithium
$95.7M
63/100
3rd
Developer of direct lithium extraction technology and battery innovation solutions
$360M
61/100
4th
Logo for Lilac Solutions
Lilac Solutions
2016, San Francisco (United States), Series C
Provider of lithium extraction solutions
$352M
59/100
5th
Logo for ElectraLith
ElectraLith
2021, Melbourne (Australia), Series A
Developer of direct lithium extraction and refining technology using renewable energy
$17M
53/100
6th
Logo for International Battery Metals
International Battery Metals
2010, Vancouver (Canada), Public
Developer of modular direct lithium extraction technology for commercial lithium production
-
48/100
7th
Logo for ILiAd Technologies
ILiAd Technologies
2021, Carlsbad (United States), Seed
Provider of technology solutions for lithium extraction processes
-
46/100
8th
Logo for Liberty Stream
Liberty Stream
1997, Calgary (Canada), Public
Developer of technology extracting lithium and other minerals from brine
-
-
43/100
9th
Logo for E3 Lithium
E3 Lithium
2016, Calgary (Canada), Funding Raised
Developer of lithium extraction processes and lithium hydroxide production
-
43/100
10th
Logo for Altillion
Altillion
2023, Houston (United States), Seed
Technology innovator developing proprietary mineral extraction process from brine
$5M
38/100
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Lilac Solutions's Investments and acquisitions

Lilac Solutions has made no investments or acquisitions yet.

Reports related to Lilac Solutions

Here is the latest report on Lilac Solutions's sector:

News related to Lilac Solutions

lockFilter this list
Media has covered Lilac Solutions for a total of 8 events in the last 1 year, 3 of them have been about partnerships and 1 about company updates.
•
U.S. Department of Energy Selects Lilac Solutions for $100M Award for…Lilac Solutions•Aug 20, 2026•Lilac Solutions
•
Lilac Solutions Selects Hatch as EPCM Partner for Great Salt Lake…Lilac Solutions•Jun 23, 2026•Lilac Solutions
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FAQs about Lilac Solutions

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