Lilac Solutions

Lilac Solutions

Private
Oakland, CaliforniaEnergy & Sustainabilityhttps://www.lilacsolutions.com

Last Round

Early Funding

Oct 10, 2025

Total Funding Raised

$367.65M

Company Overview

Lilac Solutions is a clean technology company that specializes in lithium extraction technology that efficiently absorbs lithium from brine resources while minimizing costs and environmental impact.

Sector

Energy & Sustainability

Verticals

Energy Storage, Advanced Materials, Clean Manufacturing, Water Treatment

Business Model

B2B

Customer Profile

Services & Consulting, Hardware Sales, Government Contracts, Revenue Share

AI Layer

Non-AI

Keywords

direct lithium extractionDLElithium extractionion exchange beadsion exchange technologylithium technologylithium brine processingsustainable lithium extractionclean lithiummining technologymodular extraction plantson-site pilot plantscritical mineralsbattery materialsearn-in model

Historical Pricing

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Caplight Momentum Score

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Lilac Solutions Comps

Public and private peers based on sector, stage, and business model.

CompanyStatusEst. ValuationRev Multiple
OpenAIPrivate$86.0B~40x
CoherePrivate$5.0B--
Competitor 1Public$XX.XBXXx
Competitor 2Public$XX.XBXXx

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Lilac Solutions Funding Rounds

Historical fundraising activity

RoundDateAmount RaisedValuationInvestorsSources
Early FundingOct 10, 2025
Series CFeb 13, 2024
GrantOct 19, 2022
Series BSep 22, 2021
Series AFeb 20, 2020
Seed
Aug 28, 2018

Key People

Founding team and executive leadership

Raef Sully

Chief Executive Officer

Executive Team

David Gelinas

Chief Financial Officer

Executive Team

Lilac Solutions Investors

Notable investors and investment history

InvestorRounds
Prime CoalitionSeed
The EngineSeries A, Series B
Engine VenturesSeries C
Obvious VenturesSeries A
Breakthrough Energy VenturesSeries B, Series C, Series A
The Nature ConservancySeries C
My Climate Journey CollectiveSeries B

Market signals

Structured signals derived from secondary market and firmographic data.

  • Apr 27, 2026

    Plans for a new Utah facility secured with a 10-year offtake agreement.

  • Apr 27, 2026

    10-year agreement with Traxys North America for Utah facility output.

Lilac Solutions Filings

SEC and related filings with document metadata.

TypedDateAmount OfferedAmount SoldFillingPagesDownload
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Lilac Solutions Filings

SEC and related filings with document metadata.

Frequently Asked Questions

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Firmographic Details

HeadquartersOakland, California
Employee Range194
Year Founded2016
Last FundingOct 10, 2025

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