Lilac Solutions announced it raised $100 Million in an initial filing from an offering of $46.7 Million
PRIVATEJun 29, 2026
Amount Raised
$100 Million
Round Type
Venture
OaklandManufacturingInformation TechnologyEnergySustainabilityNatural ResourcesScience And Engineering
Investors
Bmw
Description
Lilac Solutions is set to receive $100 million for a direct lithium extraction processing facility at Utah’s Great Salt Lake. The funding is part of a larger initiative by the U.S. Department of Energy to enhance domestic battery material production. The facility aims to produce 5,000 metric tons per year of lithium carbonate by 2028
Company Information
Company
Lilac Solutions, Inc.
Location
1731 POPLAR STREET
Oakland, California, United States
About
Lilac Solutions is a lithium extraction technology company based in Oakland, California. 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.
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