Funding round
Lilac Series D
Lilac, which works in lithium extraction technology licensing in Oakland, raised $34M in a Series D round announced on 30 Jun 2026. It is Lilac's fifth venture round on record; the one before was a Series C in Feb 2024.
$34M
Amount raised
Not disclosed
Post-money valuation
Valuation
What this round says about the price
Lilac did not disclose a valuation in this round; its last disclosed one was $554M at the Series B (Sep 2021). It came 28 months after Lilac's Series C. It is 9.8% of the $350M Lilac has raised in the venture rounds on record. No later venture round is on record for Lilac.
Lilac's funding rounds
Lilac has 5 venture rounds on record and 3 other deals. This one is highlighted.
- Grant not a venture round 21 Feb 2017 $150K
- Seed 16 Jan 2018 $800K
- Other not a venture round 15 Jan 2019, led by Prime Impact Fund and Tribeca Early Stage Partners $2.5M$18M post-money
- Series A 20 Feb 2020, led by Breakthrough Energy $20M
- Series B 22 Sep 2021, led by Lowercarbon Capital and T. Rowe Price $150M$554M post-money
- Series C 12 Feb 2024, led by Mercuria, Lowercarbon Capital and Breakthrough Energy $145M
- Series D this round 30 Jun 2026 $34M
- Grant not a venture round 20 Aug 2026 $100M
Comparable rounds
How it compares
The closest in time: 1 in Chemicals, then Series D rounds in any sector within 6 months:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Chemicals | 17 Feb 2026 | $100M | not disclosed | Ara Partners and APG Asset Management |
| Impulse Space Aerospace and Defence | 2 Jun 2026 | $500M | $4.26B | 137 Ventures and Banner VC |
| DriveNets Tech Companies | 1 Jun 2026 | $410M | $8.50B | Bessemer Venture Partners and Atreides Management |
| Nearfield Instruments Laboratory Equipment & Supplies | 22 Jun 2026 | $380M | $1.60B | Fidelity Management & Research Company |
| Isar Aerospace Aerospace and Defence | 9 Jun 2026 | $310M | $2.30B | not named |
| Peregrine Software Development Services | 22 Jun 2026 | $250M | $6.80B | Fifth Down Capital and Sequoia Capital |
| Aerospace and Defence | 19 Jun 2026 | $195M | not disclosed | not named |
| FINN Car Rental | 24 Jun 2026 | $160M | $1.14B | Portage Ventures |
Sources
Where this comes from
Reported by 2 sources.
Questions
Frequently asked
How much did Lilac raise in its Series D round?
Lilac raised $34M in its Series D round, announced in Jun 2026.
What was Lilac's valuation at the Series D round?
It was not disclosed; its last disclosed one was $554M at the Series B (Sep 2021).