Canadian startup Mangrove Lithium raises $85 million in funding led by the Canada Growth Fund to support operations at its first commercial facility.
Amount Raised
$85 Million
Round Type
Funding Round
DeltaManufacturingEnergyRenewable EnergyInvestors
Description
Mangrove Lithium has secured $85 million in financing for its refining platform for battery-grade lithium. The funding will support operations at its first commercial facility in British Columbia. The package includes an investment from the Canada Growth Fund and other investors. The initiative aims to advance a full-scale plant capable of supporting at least 500,000 electric vehicles per year.
Quick answer
Mangrove Lithium raised $85 Million in a Funding Round round, dated January 15, 2026. Investors: BMW I Ventures, Breakthrough Energy Ventures, National Bank Of Canada and Canada Growth Fund. Mangrove Lithium is based in Delta, British Columbia, Canada.
- How much did Mangrove Lithium raise?
- Mangrove Lithium raised $85 Million in a Funding Round round on January 15, 2026.
- Who invested in Mangrove Lithium?
- BMW I Ventures, Breakthrough Energy Ventures, National Bank Of Canada and Canada Growth Fund are named as investors in this round.
- What does Mangrove Lithium do?
- Mangrove Lithium is a technology company based out of Vancouver, Canada that has developed a patented electrochemical lithium refining technology for the conversion of lithium extracted from a variety of feedstocks into..
- Where is Mangrove Lithium based and how big is it?
- Mangrove Lithium is based in Delta, British Columbia, Canada. Fundz records about 48 employees.
- Who are the decision-makers at Mangrove Lithium?
- Fundz holds 1 contact at Mangrove Lithium. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Energy and Renewable Energy around the same time
Companies in the same sectors as Mangrove Lithium that raised within 45 days of this round, from Fundz verified event records.
- Birchtech raised $13M (Post-IPO Equity) on February 27, 2026.
- SHINE raised $240M (Funding Round) on February 26, 2026.
- Ideal Power raised $12M (Post-IPO Equity) on February 25, 2026.
- Hycosys raised $1M (Seed) on February 23, 2026.
- International Battery Metals raised $2M (Seed) on February 23, 2026.
- NuCube Energy raised $13M (Funding Round) on February 19, 2026.
Who to call at Mangrove Lithium, and when
A new round usually means Mangrove Lithium is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Mangrove Lithium raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Mangrove Lithium, from your own LinkedIn network
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