To solve the looming problem of global lithium supply, Lilac, a company developing advanced extraction technology, has secured $34.4M in Series C funding. The startup's ion exchange technology is engineered to help industries produce lithium faster, cheaper, and cleaner, aiming to make the critical battery metal a non-issue for electrification efforts.
Lilac's approach focuses on rapidly and responsibly scaling production from brine resources, leveraging its materials and engineering expertise to design and develop commercial projects across diverse lithium sources.
