lilacsolutions.comIndustrial / MaterialsFounded: 2016Funding to Date: $324.45MM
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 | Mercuria, Lowercarbon Capital, Breakthrough Energy Ventures, T. Rowe Price Association, Engine Ventures, Aventurine, Presidio Ventures, BMW i Ventures, Mitsubishi Corporation, The Nature Conservancy | |
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
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Mercuria, Lowercarbon Capital, Breakthrough Energy Ventures, T. Rowe Price Association, Engine Ventures, Aventurine, Presidio Ventures, BMW i Ventures, Mitsubishi Corporation, The Nature Conservancy
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02/12/2024 | Series C | $82.86MM | $xx.xx | $841.4MM | Mercuria, Lowercarbon Capital, Breakthrough Energy Ventures, T. Rowe Price Association, Engine Ventures, Aventurine, Presidio Ventures, BMW i Ventures, Mitsubishi Corporation, The Nature Conservancy | |
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
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Mercuria, Lowercarbon Capital, Breakthrough Energy Ventures, T. Rowe Price Association, Engine Ventures, Aventurine, Presidio Ventures, BMW i Ventures, Mitsubishi Corporation, The Nature Conservancy
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10/06/2021 | Series B | $156.11MM | $xx.xx | $553.65MM | Lowercarbon Capital, SK Materials, BMW i Ventures, Presidio Ventures, MCJ Collective, Earthshot Ventures | |
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
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Lowercarbon Capital, SK Materials, BMW i Ventures, Presidio Ventures, MCJ Collective, Earthshot Ventures
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02/20/2020 | Series A | $20MM | $xx.xx | $64.71MM | Breakthrough Energy Ventures, The Engine, Lowercarbon Capital, 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
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Breakthrough Energy Ventures, The Engine, Lowercarbon Capital, The Grantham Foundation
|
||||||
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
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
PRIME Impact Fund, Tribeca Early Stage Partners
|
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06/21/2018 | Series A-2 | $799,999 | $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
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Undisclosed Investors
|
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06/21/2018 | Series A-1 | $44,999 | $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
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Undisclosed Investors
|