Lilac valuation, funding and investors
Lilac works in lithium extraction technology licensing, based in Oakland, United States. Founded in 2016, it has about 209 employees.
- Last round
- Series D · $34.4M · Jun 2026
- Valuation at last round
- $430M · implied
- Headcount
- 209 · flat
- Grade
- B
- Founded
- 2016
Lilac valuation today
VCMC values Lilac at $464M today, with a range of $285M to $832M and a grade of B. The valuation starts from its last funding round, a Series D round in Jun 2026.
Valuation by date (135 rows)
Each point is what the model would have shown on that date, using only what was known then; before its first round, a company is valued as a startup because it later raised.
| Date | Valuation | Range | Predicted in 1 yr | Phase | Headcount | Trend | Grade | Winding-down probability |
|---|---|---|---|---|---|---|---|---|
| 1 Jan 2016 | $5.86M | $2.13M – $16.1M | $7.03M (+20%) | before first round | – | unknown | D | 0% |
| 1 Feb 2016 | $5.88M | $2.14M – $16.2M | $7.22M (+23%) | before first round | – | unknown | D | 0% |
| 1 Mar 2016 | $5.91M | $2.15M – $16.2M | $7.40M (+25%) | before first round | – | unknown | D | 0% |
| 1 Apr 2016 | $5.93M | $2.16M – $16.3M | $7.60M (+28%) | before first round | – | unknown | D | 0% |
| 1 May 2016 | $5.95M | $2.17M – $16.4M | $7.80M (+31%) | before first round | – | unknown | D | 0% |
| 1 Jun 2016 | $5.98M | $2.18M – $16.4M | $8.01M (+34%) | before first round | – | unknown | D | 0% |
| 1 Jul 2016 | $6.00M | $2.18M – $16.5M | $8.22M (+37%) | before first round | – | unknown | D | 0% |
| 1 Aug 2016 | $6.16M | $2.24M – $16.9M | $8.44M (+37%) | before first round | – | unknown | D | 0% |
| 1 Sep 2016 | $6.33M | $2.30M – $17.4M | $8.67M (+37%) | before first round | – | unknown | D | 0% |
| 1 Oct 2016 | $6.49M | $2.36M – $17.8M | $8.90M (+37%) | before first round | – | unknown | D | 0% |
| 1 Nov 2016 | $6.67M | $2.43M – $18.3M | $9.14M (+37%) | before first round | – | unknown | D | 0% |
| 1 Dec 2016 | $6.84M | $2.49M – $18.8M | $9.38M (+37%) | before first round | – | unknown | D | 0% |
| 1 Jan 2017 | $7.03M | $2.56M – $19.3M | $9.63M (+37%) | before first round | – | unknown | D | 0% |
| 1 Feb 2017 | $7.22M | $2.63M – $19.8M | $9.89M (+37%) | before first round | – | unknown | D | 0% |
| 1 Mar 2017 | $7.39M | $2.69M – $20.3M | $10.1M (+37%) | before first round | – | unknown | D | 0% |
| 1 Apr 2017 | $7.59M | $2.76M – $20.9M | $10.4M (+37%) | before first round | – | unknown | D | 0% |
| 1 May 2017 | $7.79M | $2.84M – $21.4M | $10.7M (+37%) | before first round | – | unknown | D | 0% |
| 1 Jun 2017 | $8.00M | $2.91M – $22.0M | $11.0M (+37%) | before first round | – | unknown | D | 0% |
| 1 Jul 2017 | $8.21M | $2.99M – $22.6M | $11.3M (+37%) | before first round | – | unknown | D | 0% |
| 1 Aug 2017 | $8.44M | $3.07M – $23.2M | $11.6M (+37%) | before first round | – | unknown | D | 0% |
| 1 Sep 2017 | $8.67M | $3.15M – $23.8M | $11.9M (+37%) | before first round | – | unknown | D | 0% |
| 1 Oct 2017 | $8.89M | $3.24M – $24.4M | $12.2M (+37%) | before first round | – | unknown | D | 0% |
| 1 Nov 2017 | $9.14M | $3.33M – $25.1M | $12.5M (+37%) | before first round | – | unknown | D | 0% |
| 1 Dec 2017 | $9.37M | $3.41M – $25.8M | $12.9M (+37%) | before first round | – | unknown | D | 0% |
| 1 Jan 2018 | $9.63M | $3.51M – $26.5M | $13.2M (+37%) | before first round | – | unknown | D | 0% |
| 17 Jan 2018 | $5.34M | $3.50M – $16.2M | $10.7M (+100%) | after a round | – | unknown | C | 0% |
| 1 Feb 2018 | $5.50M | $3.50M – $16.2M | $10.7M (+94%) | after a round | – | unknown | C | 0% |
| 1 Mar 2018 | $5.80M | $3.50M – $16.2M | $10.7M (+84%) | after a round | – | unknown | C | 0% |
| 1 Apr 2018 | $6.15M | $3.50M – $16.2M | $10.7M (+73%) | after a round | – | unknown | C | 0% |
| 1 May 2018 | $6.51M | $3.50M – $16.2M | $10.7M (+64%) | after a round | – | unknown | C | 0% |
| 1 Jun 2018 | $6.90M | $3.50M – $16.2M | $10.7M (+55%) | after a round | – | unknown | C | 0% |
| 1 Jul 2018 | $7.31M | $3.50M – $16.2M | $10.7M (+46%) | after a round | – | unknown | C | 0% |
| 1 Aug 2018 | $7.75M | $3.50M – $16.2M | $10.7M (+38%) | after a round | – | unknown | C | 0% |
| 1 Sep 2018 | $8.22M | $3.50M – $16.2M | $10.7M (+30%) | after a round | – | unknown | C | 0% |
| 1 Oct 2018 | $8.70M | $3.50M – $16.2M | $10.7M (+23%) | after a round | – | unknown | C | 0% |
| 1 Nov 2018 | $9.23M | $3.50M – $16.2M | $10.7M (+16%) | after a round | – | unknown | C | 0% |
| 1 Dec 2018 | $9.77M | $3.50M – $16.2M | $10.7M (+9%) | after a round | – | unknown | C | 0% |
| 1 Jan 2019 | $10.4M | $3.50M – $16.2M | $10.7M (+3%) | after a round | – | unknown | C | 0% |
| 1 Feb 2019 | $10.7M | $3.41M – $16.2M | $10.7M (0%) | after a round | – | unknown | C | 0% |
| 1 Mar 2019 | $10.7M | $3.26M – $16.2M | $10.7M (0%) | after a round | – | unknown | C | 0% |
| 1 Apr 2019 | $10.7M | $3.10M – $16.2M | $10.7M (0%) | after a round | – | unknown | C | 0% |
| 1 May 2019 | $10.7M | $2.95M – $16.2M | $10.7M (0%) | after a round | – | unknown | C | 0% |
| 1 Jun 2019 | $10.7M | $2.80M – $16.2M | $10.7M (0%) | after a round | – | unknown | C | 0% |
| 1 Jul 2019 | $10.7M | $2.67M – $16.2M | $10.7M (0%) | after a round | – | unknown | C | 0% |
| 1 Aug 2019 | $10.7M | $2.54M – $16.2M | $10.7M (0%) | after a round | – | unknown | C | 0% |
| 1 Sep 2019 | $10.7M | $2.41M – $16.2M | $10.7M (0%) | after a round | – | unknown | C | 0% |
| 1 Oct 2019 | $10.7M | $2.29M – $16.2M | $10.7M (0%) | after a round | – | unknown | C | 0% |
| 1 Nov 2019 | $10.7M | $2.18M – $16.2M | $10.7M (0%) | after a round | – | unknown | D | 0% |
| 1 Dec 2019 | $10.7M | $2.08M – $16.2M | $10.7M (0%) | after a round | – | unknown | D | 0% |
| 1 Jan 2020 | $10.7M | $1.97M – $16.2M | $10.7M (0%) | after a round | – | unknown | D | 0% |
| 1 Feb 2020 | $10.7M | $1.87M – $16.2M | $10.7M (0%) | after a round | – | unknown | D | 0% |
| 21 Feb 2020 | $78.1M | $55.0M – $199M | $140M (+80%) | after a round | – | unknown | C | 0% |
| 1 Mar 2020 | $79.3M | $55.0M – $199M | $140M (+77%) | after a round | – | unknown | C | 0% |
| 1 Apr 2020 | $83.3M | $55.0M – $199M | $140M (+69%) | after a round | – | unknown | C | 0% |
| 1 May 2020 | $87.5M | $55.0M – $199M | $140M (+61%) | after a round | – | unknown | C | 0% |
| 1 Jun 2020 | $91.9M | $55.0M – $199M | $140M (+53%) | after a round | – | unknown | C | 0% |
| 1 Jul 2020 | $96.5M | $55.0M – $199M | $140M (+46%) | after a round | – | unknown | C | 0% |
| 1 Aug 2020 | $101M | $55.0M – $199M | $140M (+38%) | after a round | – | unknown | C | 0% |
| 1 Sep 2020 | $107M | $55.0M – $199M | $140M (+32%) | after a round | – | unknown | C | 0% |
| 1 Oct 2020 | $112M | $55.0M – $199M | $140M (+26%) | after a round | – | unknown | C | 0% |
| 1 Nov 2020 | $118M | $55.0M – $199M | $140M (+19%) | after a round | – | unknown | C | 0% |
| 1 Dec 2020 | $123M | $55.0M – $199M | $140M (+14%) | after a round | – | unknown | C | 0% |
| 1 Jan 2021 | $130M | $55.0M – $199M | $140M (+8%) | after a round | – | unknown | C | 0% |
| 1 Feb 2021 | $136M | $55.0M – $199M | $140M (+3%) | after a round | – | unknown | C | 0% |
| 1 Mar 2021 | $140M | $54.1M – $199M | $140M (0%) | after a round | – | unknown | C | 0% |
| 1 Apr 2021 | $140M | $51.4M – $199M | $140M (0%) | after a round | – | unknown | C | 0% |
| 1 May 2021 | $140M | $48.9M – $199M | $140M (0%) | after a round | – | unknown | C | 0% |
| 1 Jun 2021 | $140M | $46.5M – $199M | $140M (0%) | after a round | – | unknown | C | 0% |
| 1 Jul 2021 | $140M | $44.3M – $199M | $140M (0%) | after a round | – | unknown | C | 0% |
| 1 Aug 2021 | $140M | $42.1M – $199M | $140M (0%) | after a round | – | unknown | C | 0% |
| 1 Sep 2021 | $140M | $40.0M – $199M | $140M (0%) | after a round | – | unknown | C | 0% |
| 23 Sep 2021 | $554M | $481M – $955M | $830M (+50%) | after a round | – | unknown | B | 0% |
| 1 Oct 2021 | $559M | $481M – $955M | $830M (+49%) | after a round | – | unknown | B | 0% |
| 1 Nov 2021 | $579M | $481M – $955M | $830M (+43%) | after a round | – | unknown | B | 0% |
| 1 Dec 2021 | $598M | $481M – $955M | $830M (+39%) | after a round | – | unknown | B | 0% |
| 1 Jan 2022 | $619M | $481M – $955M | $830M (+34%) | after a round | – | unknown | B | 0% |
| 1 Feb 2022 | $641M | $481M – $955M | $830M (+30%) | after a round | – | unknown | B | 0% |
| 1 Mar 2022 | $661M | $481M – $955M | $830M (+26%) | after a round | – | unknown | B | 0% |
| 1 Apr 2022 | $684M | $481M – $955M | $830M (+21%) | after a round | – | unknown | B | 0% |
| 1 May 2022 | $708M | $481M – $955M | $830M (+17%) | after a round | – | unknown | B | 0% |
| 1 Jun 2022 | $732M | $481M – $955M | $830M (+13%) | after a round | – | unknown | B | 0% |
| 1 Jul 2022 | $757M | $481M – $955M | $830M (+10%) | after a round | – | unknown | B | 0% |
| 1 Aug 2022 | $784M | $481M – $955M | $830M (+6%) | after a round | – | unknown | B | 0% |
| 1 Sep 2022 | $811M | $481M – $955M | $830M (+2%) | after a round | – | unknown | B | 0% |
| 1 Oct 2022 | $830M | $475M – $955M | $830M (0%) | after a round | – | unknown | B | 0% |
| 1 Nov 2022 | $830M | $455M – $955M | $830M (0%) | after a round | – | unknown | B | 0% |
| 1 Dec 2022 | $830M | $436M – $955M | $830M (0%) | after a round | – | unknown | B | 0% |
| 1 Jan 2023 | $830M | $417M – $955M | $830M (0%) | after a round | – | unknown | B | 0% |
| 1 Feb 2023 | $830M | $399M – $955M | $830M (0%) | after a round | – | unknown | B | 0% |
| 1 Mar 2023 | $830M | $383M – $955M | $830M (0%) | after a round | – | unknown | B | 0% |
| 1 Apr 2023 | $830M | $367M – $955M | $830M (0%) | after a round | – | unknown | B | 0% |
| 1 May 2023 | $830M | $351M – $955M | $830M (0%) | after a round | – | unknown | B | 0% |
| 1 Jun 2023 | $830M | $336M – $955M | $830M (0%) | after a round | – | unknown | B | 0% |
| 1 Jul 2023 | $830M | $322M – $955M | $830M (0%) | after a round | – | unknown | B | 0% |
| 1 Aug 2023 | $830M | $308M – $955M | $830M (0%) | after a round | – | unknown | B | 0% |
| 1 Sep 2023 | $830M | $295M – $955M | $830M (0%) | after a round | – | unknown | B | 0% |
| 1 Oct 2023 | $830M | $260M – $955M | $830M (0%) | after a round | – | unknown | C | 0% |
| 1 Nov 2023 | $830M | $248M – $955M | $830M (0%) | after a round | – | unknown | C | 0% |
| 1 Dec 2023 | $830M | $236M – $955M | $830M (0%) | after a round | – | unknown | C | 0% |
| 1 Jan 2024 | $830M | $224M – $955M | $830M (0%) | after a round | – | unknown | C | 0% |
| 1 Feb 2024 | $830M | $213M – $955M | $830M (0%) | after a round | – | unknown | C | 0% |
| 13 Feb 2024 | $1.3B | $886M – $2.3B | $1.6B (+30%) | after a round | – | unknown | B | 0% |
| 1 Mar 2024 | $1.3B | $886M – $2.3B | $1.6B (+28%) | after a round | – | unknown | B | 0% |
| 1 Apr 2024 | $1.3B | $886M – $2.3B | $1.6B (+26%) | after a round | – | unknown | B | 0% |
| 1 May 2024 | $1.3B | $886M – $2.3B | $1.6B (+23%) | after a round | – | unknown | B | 0% |
| 1 Jun 2024 | $1.4B | $886M – $2.3B | $1.6B (+20%) | after a round | – | unknown | B | 0% |
| 1 Jul 2024 | $1.4B | $886M – $2.3B | $1.6B (+18%) | after a round | – | unknown | B | 0% |
| 1 Aug 2024 | $1.4B | $886M – $2.3B | $1.6B (+15%) | after a round | 230 | unknown | B | 0% |
| 1 Sep 2024 | $1.5B | $886M – $2.3B | $1.6B (+12%) | after a round | 230 | unknown | B | 0% |
| 1 Oct 2024 | $1.5B | $886M – $2.3B | $1.6B (+10%) | after a round | 230 | unknown | B | 0% |
| 1 Nov 2024 | $1.5B | $886M – $2.3B | $1.6B (+8%) | after a round | 230 | flat | B | 0% |
| 1 Dec 2024 | $1.6B | $886M – $2.3B | $1.6B (+5%) | after a round | 230 | flat | B | 0% |
| 1 Jan 2025 | $1.6B | $886M – $2.3B | $1.6B (+3%) | after a round | 230 | flat | B | 0% |
| 1 Feb 2025 | $1.6B | $886M – $2.3B | $1.6B (+1%) | after a round | 230 | flat | B | 0% |
| 1 Mar 2025 | $1.6B | $863M – $2.3B | $1.6B (0%) | after a round | 230 | flat | B | 0% |
| 1 Apr 2025 | $1.3B | $798M – $1.9B | $1.1B (-17%) | after a round | 205 | down | B | 61% |
| 1 May 2025 | $1.3B | $759M – $2.0B | $1.1B (-17%) | after a round | 205 | down | B | 61% |
| 1 Jun 2025 | $1.3B | $722M – $2.0B | $1.1B (-17%) | after a round | 205 | down | B | 61% |
| 1 Jul 2025 | $1.3B | $687M – $2.0B | $1.1B (-17%) | after a round | 205 | down | B | 61% |
| 1 Aug 2025 | $1.1B | $647M – $1.9B | $860M (-24%) | after a round | 197 | down | B | 87% |
| 1 Sep 2025 | $1.1B | $615M – $1.9B | $841M (-24%) | after a round | 197 | down | B | 87% |
| 1 Oct 2025 | $1.1B | $585M – $1.9B | $823M (-24%) | after a round | 197 | down | B | 87% |
| 1 Nov 2025 | $1.1B | $559M – $2.0B | $824M (-24%) | after a round | 201 | down | C | 84% |
| 1 Dec 2025 | $1.1B | $532M – $2.0B | $807M (-24%) | after a round | 201 | down | C | 84% |
| 1 Jan 2026 | $1.0B | $506M – $2.0B | $790M (-24%) | after a round | 201 | down | C | 84% |
| 1 Feb 2026 | $996M | $478M – $2.0B | $740M (-26%) | after a round | 196 | down | C | 89% |
| 1 Mar 2026 | $986M | $456M – $2.0B | $704M (-29%) | after a round | 196 | down | C | 82% |
| 1 Apr 2026 | $1.0B | $434M – $2.1B | $731M (-27%) | after a round | 197 | down | C | 75% |
| 1 May 2026 | $1.0B | $414M – $2.1B | $759M (-26%) | after a round | 199 | down | C | 69% |
| 1 Jun 2026 | $1.0B | $394M – $2.1B | $784M (-25%) | after a round | 199 | flat | C | 64% |
| 1 Jul 2026 | $430M | $282M – $819M | $538M (+25%) | after a round | 199 | flat | B | 14% |
| 1 Aug 2026 | $438M | $282M – $819M | $536M (+22%) | after a round | 199 | flat | B | 14% |
| 1 Sep 2026 | $447M | $282M – $819M | $534M (+20%) | after a round | 199 | flat | B | 14% |
| 1 Oct 2026 | $457M | $285M – $830M | $541M (+18%) | after a round | 209 | flat | B | 13% |
| 24 Oct 2026 | $464M | $285M – $832M | $541M (+17%) | after a round | 209 | flat | B | 12% |
Key facts about Lilac
- Founded
- 2016
- Headquarters
- Oakland, United States
- Employees
- about 209 +4% in a year
- Total raised
- $453M
- Funding rounds
- 8
- Last round
- Grant Aug 2026
Lilac funding history
Lilac has 8 funding rounds on record, from Feb 2017 to Aug 2026, $453M in total. The latest disclosed valuation is $554M post-money (Series B, Sep 2021).
Grant 20 Aug 2026no round page
With U.S. Department of Energy.
Sources: lilacsolutions.com, lilacsolutions.com, mining.com and 2 more
$100M
$34M
Series C 12 Feb 2024
Led by Mercuria, Lowercarbon Capital, Breakthrough Energy; with T. Rowe Price Association, Inc., Engine Ventures, Aventurine, Presidio Ventures, BMW i Ventures, Mitsubishi Corporation, The Nature Conservancy, Prime Coalition.
Sources: lilacsolutions.com, lilacsolutions.com, finsmes.com and 3 more
$145M
Series B 22 Sep 2021
Led by Lowercarbon Capital, T. Rowe Price; with Mercuria, Valor, Breakthrough Energy, The Engine, SK Materials, BMW i Ventures, Presidio Ventures, MCJ Collective, Earthshot Ventures, Aventurine Partners, Oakdell Capital, ONE WORLD, Prime Impact Fund.
Sources: lilacsolutions.com, lilacsolutions.com, cnbc.com and 1 more
$150M
$554M post-money
Series A 20 Feb 2020
Led by Breakthrough Energy; with The Engine, Lowercarbon Capital, The Grantham Foundation, Astanor, BAM Ventures, Endeavor8, Energy Impact Partners, G2 Venture Partners, Kleiner Perkins, Microsoft, Moonshot Capital, OWL Rock Capital Partners, Piva Capital, Prelude Ventures, Aramco Ventures, Syngenta Group Ventures.
Sources: lilacsolutions.com, lilacsolutions.com
$20M
Other 15 Jan 2019no round page
Led by Prime Impact Fund, Tribeca Early Stage Partners; with Mount Wilson Ventures, Investor’s Circle, Berkeley Angel Network, E8 Angels.
Sources: lilacsolutions.com, lilacsolutions.com
$2.5M
$18M post-money
$800K
Grant 21 Feb 2017no round page
With U.S. Department of Energy.
$150K
Lilac investors
41 investors have backed Lilac; Breakthrough Energy, Lowercarbon Capital and Mercuria and 3 more led at least one round.
- Breakthrough Energy lead, 3 rounds
- Lowercarbon Capital lead, 3 rounds
- Mercuria lead, 2 rounds
- T. Rowe Price lead
- U.S. Department of Energy 2 rounds
- Aventurine
- Berkeley Angel Network
- Endeavor8
- Energy Impact Partners
- Investor’s Circle
- Kleiner Perkins
- Microsoft
- Mitsubishi Corporation
- Mount Wilson Ventures
- Oakdell Capital
- OWL Rock Capital Partners
- Prime Coalition
- SK Materials
- Syngenta Group Ventures
- T. Rowe Price Association, Inc.
- The Grantham Foundation
- The Nature Conservancy
- Valor
What Lilac does
Lilac works in chemicals, with 15 recorded offerings and customers in energy.
Lilac is a United States company engaged in direct lithium extraction technology and ion exchange solutions for lithium production. The company develops proprietary materials, engineering, and partnership approaches to enable lithium extraction from various sources, including high-grade, low-grade, and complex brines. Lilac also operates as a technology provider, supporting lithium producers in scaling production from brine resources and contributing to the global electrification effort by addressing lithium supply challenges.
Description from Veridion's company data.
Products and services
- Lithium Extraction Technology Licensing
- Ion Exchange Material Engineering and Manufacturing
- Lithium Production Engineering and Engineering
- Lithium Pilot Plant Implementation
- Lithium Demonstration Plant Implementation
- Lithium Recovery Rate Optimization Services
- Water-Efficient Lithium Production Solutions
- Lithium Supply Chain Solutions
- Lithium Production Cost Reduction Consulting
- Lithium Production Sustainability Consulting
- Lithium Production Risk Derisking Services
- Lithium Production Engineering Consulting
- Lithium Production Project Management Services
- Lithium Production Technology Commercialization
- Lithium Production Engineering Services
Markets
- Energy
Technology
- Proprietary Ion Exchange Materials for Lithium Extraction
- Direct Lithium Extraction Technology
- Mini-Piloting for Lithium Production Derisking
Business model
- Business-to-Business
- Manufacturing
Industry codes (NAICS)
- 325180 Other Basic Inorganic Chemical Manufacturing 50% match
- 541330 Engineering Services 30% match
- 424690 Other Chemical and Allied Products Merchant Wholesalers 20% match
Questions about Lilac
What is Lilac worth?
Valuation $464M (range $285M to $832M), as of 24 Oct 2026. The last disclosed valuation was $554M (Series B, Sep 2021).
Has Lilac raised money?
Lilac has 8 funding rounds on record, from Feb 2017 to Aug 2026, $453M in total. The latest disclosed valuation is $554M post-money (Series B, Sep 2021).
Who has invested in Lilac?
Breakthrough Energy, Lowercarbon Capital, Mercuria, Prime Impact Fund, T. Rowe Price and Tribeca Early Stage Partners, and 35 more. Lead investors include Breakthrough Energy, Lowercarbon Capital, Mercuria and Prime Impact Fund.
How many people work at Lilac?
About 209, up 4% over the last year. Headcount held at about 209 from Aug 2024 to Sep 2026.
What does Lilac do?
Lilac works in chemicals, with 15 recorded offerings and customers in energy. Its main offerings are lithium extraction technology licensing, ion exchange material engineering and manufacturing and lithium production engineering and engineering.
When was Lilac founded, and where is it based?
Lilac was founded in 2016 and is based in Oakland, United States. It has about 209 employees, up 4% over the last year.