Lilac Solutions is an Oakland, CA–based company that develops patented ion-exchange (IX) technology and ion-exchange media (IXM) to produce lithium from brine resources. Its IXM is designed to be selective for lithium and to enable economically viable lithium production where prior IXM solutions were not practical. The company offers a full-service package for lithium resource developers, including test work, Front-End Loading (FEL) engineering, on-site piloting, and turnkey commercial production with design, build, operation, and supply of IXM. Led by CEO Dave Snydacker and COO Raef Sully, Lilac’s mission is to scale global lithium production to support the electric vehicle industry and the energy transition. The company recently raised a $145M Series C (bringing total capital raised to $315M). Lilac intends to use the proceeds to expand operations, ramp up manufacturing capacity of its proprietary IX material, and support commercial deployment at projects worldwide. Lilac Solutions is a lithium extraction technology company based in Oakland, California that has developed a patented ion-exchange process to produce lithium from brine resources. The company has proven its technology on a variety of brines and recently completed its first field pilot, demonstrating rapid deployment and strong process performance. Lilac’s approach uses ion exchange beads to recover lithium and allows brine to be returned underground after extraction, minimizing environmental impact compared with evaporation-pond methods. Management says the technology is significantly faster to deploy, offers better financial returns, and can enable production from lower-grade brine resources. Lilac plans to use the new capital to ramp production of its ion exchange beads, expand engineering and field operations teams, and deploy the technology globally. The company positions its solution as a way to scale lithium supply for the electric vehicle transition while protecting local communities and ecosystems. Lilac Solutions has developed a patented ion exchange technology and proprietary ion-exchange beads that enable faster, lower-cost, and more scalable lithium extraction from abundant brine resources. The technology was developed by CEO Dave Snydacker and Lilac's engineering team in Oakland and has been demonstrated at large scale with dozens of brine resources. Lilac positions its system as having an ultra-low environmental footprint compared with conventional extraction processes. The company has projects under development across the United States and South America and plans to deploy the technology globally. The recent capital raise will fund expansion of the engineering team and scale-up of bead production to support broader deployments. Lilac's stated mission is to increase lithium supplies needed for electric vehicles and renewable energy storage.

Total raised

$315M

Funding rounds

3

Latest round

Series C

Latest activity

Feb 2024