Mangrove Lithium
Mangrove Lithium is a technology company developing a patented electrochemical lithium refining technology. Their process converts lithium into high-purity battery-grade materials, offering lower costs and reduced carbon emissions compared to traditional methods. The company aims to secure North America's battery supply chain and enhance regional energy independence.
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Funding Round: Strategic Investment
Funding Amount: $35M
Date: 28-Jan-2025
Investors: Mitsubishi Corporation, Asahi Kasei Corporation, InBC Investment Corp. (InBC), Orion Industrial Ventures, Export Development Canada, Breakthrough Energy Ventures, BMW i Ventures, BDC Capital
Markets: Cleantech, Battery Technology, Materials Science, Renewable Energy, Electric Vehicle
HQ: Delta, British Columbia, Canada
Founded: 2017
Website: https://www.mangrovelithium.com
LinkedIn: https://www.linkedin.com/company/mangrovetechnologies
Twitter: https://twitter.com/mangrovelithium
Crunchbase: https://www.crunchbase.com/organization/mangrove-lithium
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