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Mangrove Lithium
Battery-Grade Lithium Hydroxide and Lithium Carbonate
About Mangrove Lithium
Mangrove Lithium is a next-generation lithium refining company that has revolutionized the production of battery-grade lithium. The company's innovative technology allows for a more efficient and cost-effective production process, reducing waste and the need for chemicals. Mangrove's unique approach involves directly converting raw lithium from various sources such as brines, hard rocks, clays, and DLE into high-purity lithium hydroxide or lithium carbonate.
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The company's business model is based on a modular platform that can be co-located and scaled up near the point of extraction. This allows for the production of high-purity battery-grade lithium that meets the specifications of any operation. Mangrove also works with battery recycling operations to refine lithium hydroxide from recycled batteries, creating a cost-effective closed-loop battery-value chain.
Mangrove's clients include battery manufacturers who can benefit from the company's ability to control lithium hydroxide purity to meet product specifications. This reduces the risk of price volatility and material supply issues for manufacturers.
The company operates in the lithium extraction and cathode manufacturing market, bridging the gap with its innovative lithium conversion technology. This technology unlocks a variety of feedstock and allows for more efficient processing of lithium from various sources.
Mangrove's approach not only brings more lithium to market but also increases profit margins and reduces risks for its partners. The company's role in the battery supply chain is to provide a more efficient and sustainable way of producing high-quality lithium, contributing to the growth and development of the battery industry.
At a glance
- Status
- Operational
- Founded
- 2017
- Headquarters
- Vancouver, Canada
- Employees
- 74
- Open positions
- 5
- Dealroom signal
- 88.7/100
- Sub-industry
- Energy Storage
- Sector
- Transportation, Mining Technologies, Lithium-Ion Batteries, Battery, Spinout, Sustainable Development Goals, EV Battery Production, EV Battery Recycling, EV Battery, Climate Tech
- Technology
- Hardware, Deep Tech
- Business model
- Manufacturing
- Client focus
- b2b
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| GRANTOther financing | Nov 2025 | $486K | — | NorthX Climate Tech | ↗ |
| LATE VCOther financing | Jan 2025 | $35M | $140M | BMW i Ventures · Mitsubishi · Export Development Canada · Breakthrough Energy Ventures | ↗ |
Growth signals
Latest recorded traffic for Mangrove Lithium is 5.6K monthly website visits, down 32.5% over the last three months. Mangrove Lithium's team grew 15.6% over the past year.
Open positions
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Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Seed4 investors entered at this stage
Emissions Reduction Alberta (ERA)
Sustainable Development Technology Canada
Business Development Bank of Canada
NorthX Climate Tech
Series A3 investors entered at this stage
Breakthrough Energy Ventures
BDC Capital
BMW i Ventures
Series B and later4 investors entered at this stage
Mitsubishi
Export Development Canada- OVOrion Industrial Ventures
InBC Investment
Other known investors1 additional known investor
The University of British Columbia
Source: Dealroom Talent Intelligence.
Global footprint
Market sentiment
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Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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