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.

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

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Crunchbase: https://www.crunchbase.com/organization/mangrove-lithium

Pitchbook: https://pitchbook.com/profiles/company/185330-17