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§ Private Profile · Vancouver, BC, Canada
Cost-effective production of battery-grade lithium from diverse sources.
Mangrove Lithium is an innovative lithium refining platform that converts lithium chloride or lithium sulfate from diverse raw sources into high purity lithium hydroxide or carbonate, enhancing the battery supply chain.
Mangrove Lithium has raised $166.5M across 6 funding rounds.
Mangrove Lithium has raised $166.5M in total across 6 funding rounds.
Mangrove Lithium has raised $166.5M in total across 6 funding rounds.
Mangrove Lithium's investors include Yannick Beaudoin CFA, BMW i Ventures, Breakthrough Energy Ventures, Jeffrey Lightburn, CPA, Asahi Kasei, BDC Capital, Carmichael Roberts, Leah Nguyen, Mitsubishi Corporation, Jason Holt, Craig Shapiro, Comcast Ventures.
Mangrove Lithium is a technology company specializing in electrochemical refining to produce battery-grade lithium hydroxide (LiOH) and carbonate from diverse feedstocks like lithium chloride (LiCl), lithium sulfate (Li2SO4), hard-rock, brines, geothermal sources, or clays.[1][2][3] Its modular, scalable platform enables co-location with upstream lithium producers, battery recyclers, and manufacturers, solving the problem of costly, complex traditional processing while accelerating clean energy storage and electric vehicle (EV) adoption.[1][2][3] The company serves lithium extractors, refiners, battery makers, and recyclers by providing cost-effective, high-purity lithium conversion, with applications extending to waste brine treatment for chemicals and desalinated water.[2][3] Founded in 2017 and headquartered in Delta, British Columbia, Mangrove has raised $25.47M total, including a Series B round of $35M about four months ago, and is building North America's first electrochemical lithium refining facility.[1]
Mangrove Lithium was founded in 2017 by Saad Dara, who started the company as a student at the University of British Columbia (UBC).[1] Dara, now CEO, drew from his academic background to develop electrochemical lithium refining technology, beginning with a lab-scale demonstration that secured early funding: $500k from the Round 1 ERA Grand Challenge and $450k from Western Economic Diversification.[2] Pivotal early traction included these grants, validating the breakthrough platform for converting varied feedstocks into battery-grade LiOH without traditional processing steps.[2] The company has evolved from lab proofs to commercial scaling, focusing on modular solutions for the lithium supply chain, with its Delta facility marking a key milestone as North America's first of its kind.[1]
Mangrove rides the surging demand for lithium amid the global shift to EVs and clean energy storage, where supply chain bottlenecks and refining inefficiencies hinder scaling.[1][2] Its timing aligns with North American efforts to build resilient, domestic critical mineral chains—reducing reliance on overseas processing—bolstered by market forces like rising EV adoption, government incentives, and recycling mandates.[1][5] By enabling faster, cheaper refining near extraction or manufacturing, Mangrove influences the ecosystem by accelerating battery production, supporting upstream innovators, and fostering circular economy practices through waste valorization.[2][3]
Mangrove Lithium is poised to expand its Delta facility into full operations, scaling modular plants globally to meet ballooning lithium needs as EV penetration hits new highs.[1][2] Trends like U.S. and Canadian onshoring of minerals processing, coupled with advancements in battery recycling, will propel its growth, potentially capturing significant market share in a sector projected for exponential demand.[3][5] Its influence may evolve from pioneer to key enabler, powering more lithium for a battery-driven clean energy future while Dara's vision of high-volume innovation shots on goal drives resilience.[1] This positions Mangrove as a linchpin in unlocking scalable, sustainable EV adoption.
Mangrove Lithium has raised $166.5M across 6 funding rounds. Most recently, it raised $71.5M Debt / Other Equity in January 2026.