New lithium extraction technology is essential for solving the lithium supply crisis and meeting EV demand. However, technologies vary widely in performance and reliability. Lilac is leading the industry with rigorous piloting and operations
Read more >“Lilac Solutions announced the final close of its Series B financing. New investors in the round include SK Materials, BMW i Ventures, and Presidio Ventures (a Sumitomo Corporation Group Company)“
Read more >Lithium Shortage causing bottleneck in energy transition
Read more >“The financing was led by Lowercarbon Capital and funds and accounts advised by T. Rowe Price Associates, Inc. Lilac will use the new funds to ramp production of the company’s unique ion exchange beads, expand its teams of engineers and field operators, and deploy the technology globally.“
Read more >“Under the agreement, Lilac Solutions will contribute technology, engineering teams, and an on-site demonstration plant, earning in to a maximum 25 percent stake in Lake’s Kachi project based on performance.“
Read more >“Out of thousands of innovators from across the globe, the Global Cleantech 100 is a selection of the most innovative and promising companies that will take us from climate chaos to transformation. Our annual list contains the private, independent and for-profit companies best positioned to drive sustainability and change.“
Read more >“Nothing stops these chemistry entrepreneurs from working toward a better future.“
Read more >“David Snydacker knew going in that California’s Imperial Valley was a “graveyard for lithium extraction technologies.”… But several deep-pocketed investors think Snydacker’s technology may finally launch a new domestic clean energy industry.“
Read more >“Investors include Breakthrough Energy Ventures and The Engine.“
Read more >“The Bill Gates-backed Breakthrough Energy Ventures fund has led a $20m investment into a start-up promising a more efficient way to extract lithium for batteries. Oakland-based Lilac Solutions says its ion exchange technology will enable a “massive increase in lithium supply needed for electric vehicles” from brine-based deposits.“
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