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Energy Tech Series B Founded 2013

Mangrove Lithium

Mangrove Lithium develops modular, scalable electrochemical lithium refining technology for battery-grade production, using its patented Clear-Li technology to convert lithium chloride or lithium sulfate from diverse feedstocks including brines, hard rock, clay, DLE, and recycled sources into high-purity lithium hydroxide or carbonate. The modular design enables co-location with extraction sites, battery recycling…

📍 Delta, Canada · Energy Storage Tech,

Funding snapshot

Last roundSeries B
Amount$85M
Date16 January 2026
Total raised$46M
Team size77

About

Mangrove Lithium develops modular, scalable electrochemical lithium refining technology for battery-grade production, using its patented Clear-Li technology to convert lithium chloride or lithium sulfate from diverse feedstocks including brines, hard rock, clay, DLE, and recycled sources into high-purity lithium hydroxide or carbonate. The modular design enables co-location with extraction sites, battery recycling plants, or battery manufacturing facilities, with scalable capacity adjustments. The process produces less waste, requires fewer chemicals, and omits capital-intensive steps found in traditional refining, yielding battery-grade lithium hydroxide at lower cost. Mangrove serves lithium producers, battery recyclers, and battery manufacturers across the supply chain, enabling closed-loop battery value chains and domestic supply security. The company opened North America first commercial electrochemical lithium refining facility in Delta, British Columbia, and is planning a 20,000 tonnes per annum facility capable of powering over 500,000 electric vehicles annually. Named to the Global Cleantech 100 for four consecutive years. Founded in 2013 and headquartered in Delta, Canada, Mangrove Lithium has raised approximately $46.5 million in Series B funding from investors including BMW i Ventures, Breakthrough Energy, BDC, Mitsubishi Corporation, Asahi Kasei, InBC, Orion Resource Partners, and the Canada Growth Fund.

Business model

Mining Tech > Operations > Mineral Extraction > Lithium Extraction,

Energy Storage Tech > Battery > Components > Electrode > Cathode,

Solid Waste Management Tech > Recycling > Tech Enabled Recyclers > Lithium

Founders & team highlights

Serial Founder

Team background

College Wise > The University of British Columbia, University of Waterloo

Institutional investors

BMW i Ventures Breakthrough Energy Mitsubishi Corporation Asahi Kasei InBC Orion Resource Partners Export Development Canada NorthX Climate Tech Canada Growth Fund National Bank of Canada Third Derivative

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