Tech Company Financing Transactions

Lilac Solutions Funding Round

Lilac Solutions closed a $20 million Series A financing round on 2/25/2020. Investors included Breakthrough Energy Ventures, Grantham Foundation and Lowercarbon Capital.

Transaction Overview

Company Name
Announced On
2/25/2020
Transaction Type
Venture Equity
Amount
$20,000,000
Round
Series A
Investors
Proceeds Purpose
The funding will enable Lilac to expand its engineering team, scale up production of its unique ion exchange beads, which form the core of the company's lithium extraction system, and deploy the Lilac technology around the world.

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


 

 

Browse more venture capital transactions:

Prev: 2/25/2020: ServiceMax venture capital transaction
Next: 2/25/2020: Lucy Goods venture capital transaction

 

Share this article

 


Where The Data Comes From

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.

 


Additional Resources for Entrepreneurs

Lists of Venture Capital and Private Equity Firms

Franchise Opportunities

Contributors

Business Glossary