Lilac Solutions is a lithium extraction technology company using an ion exchange technology that facilitates production of lithium from brine resources with high efficiency, minimal cost, and ultra-low environmental footprint. The company is headquartered in Oakland, CA and was founded in 2016 with the mission to scale global lithium production to support the electric vehicle transition and renewable energy storage transition.
Funding Date | Share Class | Amount Raised | Price per Share | Post-Money Valuation | Key Investors | |
---|---|---|---|---|---|---|
02/12/2024 | Series C-1 | $62.14MM | $xx.xx | $841.4MM | Aventurine, Bmw I Ventures, Breakthrough Energy Ventures, Engine Ventures, Lowercarbon Capital, Mercuria, Mitsubishi Corporation, Presidio Ventures, The Nature Conservancy, T. Rowe Price Association | |
Price per Share
$xx.xx
Shares Outstanding
5,916,969
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.3x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Aventurine, Bmw I Ventures, Breakthrough Energy Ventures, Engine Ventures, Lowercarbon Capital, Mercuria, Mitsubishi Corporation, Presidio Ventures, The Nature Conservancy, T. Rowe Price Association
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02/12/2024 | Series C | $82.86MM | $xx.xx | $841.4MM | Aventurine, Bmw I Ventures, Breakthrough Energy Ventures, Engine Ventures, Lowercarbon Capital, Mercuria, Mitsubishi Corporation, Presidio Ventures, The Nature Conservancy, T. Rowe Price Association | |
Price per Share
$xx.xx
Shares Outstanding
6,311,519
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.3x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Aventurine, Bmw I Ventures, Breakthrough Energy Ventures, Engine Ventures, Lowercarbon Capital, Mercuria, Mitsubishi Corporation, Presidio Ventures, The Nature Conservancy, T. Rowe Price Association
|
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10/06/2021 | Series B | $156.11MM | $xx.xx | $553.65MM | Bmw I Ventures, Earthshot Ventures, Lowercarbon Capital, Mcj Collective, Presidio Ventures, Sk Materials | |
Price per Share
$xx.xx
Shares Outstanding
11,891,307
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Bmw I Ventures, Earthshot Ventures, Lowercarbon Capital, Mcj Collective, Presidio Ventures, Sk Materials
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02/20/2020 | Series A | $20MM | $xx.xx | $64.71MM | Breakthrough Energy Ventures, Lowercarbon Capital, The Engine, The Grantham Foundation | |
Price per Share
$xx.xx
Shares Outstanding
9,664,170
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Breakthrough Energy Ventures, Lowercarbon Capital, The Engine, The Grantham Foundation
|
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01/15/2019 | Series A-3 | $2.5MM | $xx.xx | $17.83MM | Prime Impact Fund, Tribeca Early Stage Partners | |
Price per Share
$xx.xx
Shares Outstanding
2,789,859
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Prime Impact Fund, Tribeca Early Stage Partners
|
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06/21/2018 | Series A-1 | $44,999.81 | $xx.xx | $4.75MM | Undisclosed Investors | |
Price per Share
$xx.xx
Shares Outstanding
502,230
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Undisclosed Investors
|
||||||
06/21/2018 | Series A-2 | $799,999.55 | $xx.xx | $4.75MM | Undisclosed Investors | |
Price per Share
$xx.xx
Shares Outstanding
2,678,271
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Undisclosed Investors
|