About Mangrove Lithium
Mangrove Lithium is an Energy & Utilities company based in Vancouver (Canada) founded in 2013 by David P Wilkinson, Saad Dara, Alfred Lam, and Arman Bonakdarpour. Modular scalable lithium refining technology is developed for battery-grade production. It operates in the Energy & Utilities, Real Estate & Construction, and Natural Resources sectors. 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. Its chief executive, as recorded, is Saad Dara. Mangrove Lithium offers products and services including Clear-Li Technology. Its focus areas include Energy Tech, Energy Storage Tech, Battery and Components. Its competitors include NanoOne, Summit Nanotech and Minto; 2 of its 3 listed competitors have raised funding.
Company details
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.
- Headquarters Vancouver, Canada
- Employees 13
- Founders David P Wilkinson, Saad Dara, Alfred Lam, Arman Bonakdarpour
- SectorsEnergy & UtilitiesReal Estate & Construction Natural Resources Environment
- Email••••••••
- Phone•••• ••••
- Website mangrovelithium.com
- Social LinkedIn X
- Total Equity Funding$46.5M (USD)
in 6 rounds
- Latest Funding Round$85M (USD), Debt – Conventional
Jan 2026
- InvestorsMitsubishi Corporation
& 10 more
- Employee Count13
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
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.
- Total Funding $46.5M
- Total Rounds 6
- Last Round Debt – Conventional — $85M
- First Round $3M
(Feb 2021)
- Investors Count 11
All 6 funding rounds of Mangrove Lithium with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan 2026 | $85M | Debt – Conventional | – | – | |
| Nov 2025 | $1.5M | Series B | – | – | |
| Jan 2025 | $35M | Series B | – | – | |
| May 2022 | Series A | – | BMW i Ventures | ||
| Nov 2021 | $10M | Series A | – | Breakthrough Energy | |
| Feb 2021 | $3M | Debt – Conventional | – | – |
11 investors in total: 11 institutional.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
InBC Investment Corp. is focused on impact-driven investments in British Columbia. | inbcinvestment.com | Canada | ||
Climate solutions are advanced via venture capital and startup acceleration. | breakthroughenergy.org | Kirkland, United States | ||
BMW i Ventures is focused on investing in automotive technology startups. | bmwiventures.com | Mountain View, United States | ||
| cgf-fcc.ca | ||||
Natural gas and petroleum are distributed and traded globally. | 1954 | mitsubishicorp.com | New York, United States | |
CDMO focused on manufacturing of liquid, solid & injectable drug formulations | 1931 | asahi-kasei.com | Tokyo, Japan | |
Orion Resource Partners is focused on metals and materials investments. | orionrp.com | New York, USA | ||
SME loans are provided to support business exports. | 1944 | edc.ca | Ottawa, Canada | |
Commercial banking services for small and medium-sized enterprises are provided. | 1944 | bdc.ca | Montreal, Canada | |
| northx.ca |
Investor details for Mangrove Lithium
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
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People of Mangrove Lithium
23 people are tracked at Mangrove Lithium (11 in leadership, 12 in team); the tracked headcount is 13.
| Name | Role | Group |
|---|---|---|
David P Wilkinson | Co-Founder | Leadership |
Saad Dara | Co-Founder & CEO | Leadership |
Alfred Lam | Co-Founder | Leadership |
Arman Bonakdarpour | Co-Founder | Leadership |
Briac Médard de Chardon P.Eng | VP, Engineering & Projects | Leadership |
David St. Angelo | Chief Technology Officer | Leadership |
David Novitski, PhD | Director of Government Relations and Funding | Leadership |
Diego García Bozzo | Business Development Director | Leadership |
Priscila Costa Lima | Director Of Finance And Adminstration | Leadership |
Annie Liu | Chief Strategy & Commercial Officer | Leadership |
Ryan Day | Director Of Operations | Leadership |
Matti Brannagan | Research And Development Engineer | Team |
Grant Boyle | General Counsel | Team |
Saad A. Shaikh | Team Lead Process Engineer | Team |
M Javad P. | Research And Development Manager | Team |
Philip Lo | Process Engineer | Team |
Edward Lau | Lead Engineer Cell And Cell Component Development | Team |
Danie Benetton | Test Engineer | Team |
Shibo Wang | Research And Development Cell Test Engineer | Team |
Reem Elmahdy | Research And Development Chemist | Team |
3 more people are available in the full profile.
Complete people profiles for Mangrove Lithium
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Timeline of Mangrove Lithium
3 dated milestones of Mangrove Lithium across 13 years, from founding to its latest funding, stage changes and deals.
- Founded Mangrove Lithium is founded.
- Funding First funding round of $3.0M.
- Funding Latest funding round, Debt – Conventional, of $85.0M.
Competitors of Mangrove Lithium
Mangrove Lithium has 3 listed competitors in our database, 2 of them funded. They include NanoOne, Summit Nanotech and Minto.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| nanoone.ca | 1987 | Burnaby, Canada | 132 | Nanotech-based cathode materials for lithium batteries are developed. | ||
| summitnanotech.com | 2018 | Calgary, Canada | $95.67M | Sustainable lithium extraction is enabled by a proprietary process. | ||
| minto.com | 1955 | Ottawa, Canada | $105M | Property and home development services are provided by Minto. |
Detailed competitors of Mangrove Lithium
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
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Web traffic of Mangrove Lithium
The website of Mangrove Lithium (mangrovelithium.com) receives about 9.7K visits a month.
- Monthly visits9.7K
▲ 130% vs previous month
Websites whose visitors overlap most with Mangrove Lithium. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| piedmontlithium.com | 100% | View details | |||
mineralsmakelife.org | mineralsmakelife.org | 92% | #3,646,643 | – |
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Related news about 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 CEO of Mangrove Lithium, as recorded in our data. 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. The company's 1st funding round was a Debt – Conventional of $3M, raised on Feb 2021.
Mangrove Lithium has 13 employees.
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 Minto.
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.