About Mangrove Lithium
Mangrove Lithium is a company based in Vancouver (Canada) founded in 2013 by David P Wilkinson, Saad Dara, Alfred Lam, and Arman Bonakdarpour. Mangrove Lithium has raised $46.5 million across 6 funding rounds from investors including Mitsubishi Corporation, BDC and Asahi Kasei. The company has 13 employees as of December 31, 2024. Mangrove Lithium offers products and services including Clear-Li Technology. Mangrove Lithium operates in a competitive market with competitors including NanoOne, Summit Nanotech, Minto, Brookfield Residential and Honka, among others.
- Headquarter Vancouver, Canada
- Employees 13 as on 31 Dec, 2024
- Founders David P Wilkinson, Saad Dara, Alfred Lam, Arman Bonakdarpour
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Sectors
Energy & UtilitiesReal Estate & Construction Natural Resources Environment
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Email
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Phone
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Website
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Social
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$46.5 M (USD)
in 6 rounds
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Latest Funding Round
$85 M (USD), Debt – Conventional
Jan 16, 2026
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Investors
Mitsubishi Corporation
& 10 more
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Employee Count
13
as on Dec 31, 2024
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Products & Services of Mangrove Lithium
Mangrove Lithium offers a comprehensive portfolio of products and services, including Clear-Li Technology.
Electrochemical process to convert raw lithium into battery-grade materials
People of Mangrove Lithium
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Funding Insights of Mangrove Lithium
Mangrove Lithium has successfully raised a total of $46.5M across 6 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $85 million completed in January 2026. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Mangrove Lithium
Mangrove Lithium has secured backing from 11 investors, including institutional and venture fund investors. Prominent investors backing the company include Mitsubishi Corporation, BDC and Asahi Kasei.
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InBC Investment Corp. is focused on impact-driven investments in British Columbia.
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Climate solutions are advanced via venture capital and startup acceleration.
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BMW i Ventures is focused on investing in automotive technology startups.
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Investor details for Mangrove Lithium
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Investments & Acquisitions by Mangrove Lithium
Investment portfolio details for Mangrove Lithium
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Financial Statements - Mangrove Lithium
Detailed financials for Mangrove Lithium
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Mangrove Lithium Comparisons
Peer comparison for Mangrove Lithium
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Competitors of Mangrove Lithium
Mangrove Lithium operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as NanoOne, Summit Nanotech, Minto, Brookfield Residential and Honka, among others.
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Nanotech-based cathode materials for lithium batteries are developed.
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Sustainable lithium extraction is enabled by a proprietary process.
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Property and home development services are provided by Minto.
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Residential real estate properties are developed across various communities.
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Residential organic houses are developed by Honka in Finland.
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Detailed competitors of Mangrove Lithium
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Latest news on Mangrove Lithium
Complete news archive for Mangrove Lithium
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Frequently Asked Questions about Mangrove Lithium
Mangrove Lithium was founded in 2013 and raised its 1st funding round 8 years after it was founded.
Mangrove Lithium is headquartered in Vancouver, Canada. It is registered at Vancouver, British Columbia, Canada.
Saad Dara is the current CEO of Mangrove Lithium. They have also founded this company.
Mangrove Lithium is a funded company, having raised a total of $46.5M across 6 funding rounds to date.
As of Dec 31, 2024, the latest employee count at Mangrove Lithium is 13.
Developer of modular scalable lithium refining technology for batterygrade production. The company offers an electrochemical refining platform that converts lithium chloride or sulfate from diverse feedstocks including brines, hard rock, clay, and recycled sources into highpurity lithium hydroxide or carbonate. The modular design enables colocation with extraction or battery manufacturing facilities and scalable capacity adjustments. The process reduces waste, minimizes chemical requirements, and lowers carbon emissions compared to conventional methods. It is intended to support lithium supply resilience and flexible integration across the battery value chain.
Mangrove Lithium's top competitors include Summit Nanotech, NanoOne and Brookfield Residential.
Mangrove Lithium offers Clear-Li Technology.
Mangrove Lithium has 11 investors. Key investors include Mitsubishi Corporation, BDC, Asahi Kasei, Export Development Canada, and InBC Investment Corp.