Who founded Mangrove Lithium?

Mangrove Lithium was founded by Saad Dara in 2017.

Who are Mangrove Lithium's investors?

Mangrove Lithium's investors include BMW i Ventures, Breakthrough Energy Ventures, BDC Capital Corporation, Canada Growth Fund, Orion Industrial Ventures, Asahi Kasei Corporate Venture Capital, ATEL Ventures, InBC Investment Corp..

How much funding has Mangrove Lithium raised?

Mangrove Lithium has disclosed $85M raised across 1 of its 2 known rounds.

Where is Mangrove Lithium headquartered?

Mangrove Lithium is headquartered in Delta, CA.

Mangrove Lithium

Delta, CA · Founded 2017 · 80 employees on LinkedIn · 8 known investors

Find your way into Mangrove Lithium

385 people in our graph share verified history with the Mangrove Lithium team — schools, employers, funds. One of them is your warm intro.

Noubar Afeyanunlockedknows David St. Angelo · together at Joule Unlimited, Inc. (overlapped)

knows the team · via CARBON ENGINEERING LIMITED

×4knows the team · via Mangrove Lithium

knows the team · via Equinor

×5knows the team · via Temasek

Mangrove Lithium is a cleantech company that develops a patented, feedstock-flexible electrochemical refining technology to convert diverse lithium feedstocks into battery-grade lithium hydroxide and carbonate. It is building commercial lithium refining facilities in Canada to supply materials for electric vehicle batteries and strengthen the North American battery supply chain.

Cleantech Energy New Materials

Founders & leadership

Mangrove Lithium was founded in 2017 by Saad Dara.

Saad DaraCEO & Co-Founder

David St. Angelo Chief Technology OfficerDavid St. Angelo is Chief Technology Officer at Mangrove Lithium, a cleantech company developing electrochemical refining technology for battery-grade lithium production. He has experience in corporate development, engineering, technology industrialization, and general management.

Annie Liu Chief Commercial and Strategy OfficerAnnie Liu is Chief Commercial and Strategy Officer at Mangrove Lithium, a cleantech company developing electrochemical refining technology for lithium processing. She has over 20 years of experience in operations, supply chain, and manufacturing across technology companies, with expertise in bringing advanced industrial products to market.

Investors · 8

BMW i Ventures✓ confirmed by Mangrove LithiumMountain View · $10M

How we know: BMW i Ventures's portfolio page · the company's own site · Not right? Tell us

Breakthrough Energy Ventures✓ confirmed by Mangrove LithiumBoston · $500K – $50M

How we know: the company's own site · funding news · Not right? Tell us

BDC Capital Corporation✓ confirmed by Mangrove LithiumWakefield · $100K – $10M

How we know: the company's own site · funding news · press coverage · Not right? Tell us

Canada Growth Fund✓ confirmed by Mangrove LithiumMontreal

How we know: the company's own site · funding news · axios.com · Not right? Tell us

Orion Industrial Ventures✓ confirmed by Mangrove LithiumNew York

How we know: the company's own site · Not right? Tell us

Asahi Kasei Corporate Venture Capitallisted by Asahi Kasei Corporate Venture CapitalMenlo Park · $200K – $5M

How we know: Asahi Kasei Corporate Venture Capital's portfolio page · Not right? Tell us

ATEL Ventureslisted by ATEL VenturesSan Francisco

How we know: ATEL Ventures's portfolio page · Not right? Tell us

InBC Investment Corp.listed by InBC Investment Corp.British Columbia · $3M – $10M

How we know: InBC Investment Corp.'s portfolio page · Not right? Tell us

Funding

SEC filings, press & company announcements

$85M disclosed across 1 of 2 rounds · 2021–2026

$85MraisedJan 2026 · 2 sources
Canada Growth Fund (lead)
Source ↗

Source: company announcements and press reports — follow each round's link for the claim.

In the news

About Mangrove Lithium - Leader in Battery-Grade Lithium Refining Technologymangrovelithium.com · Jan 2022

Mangrove Raises $3M from BDC Capital to Accelerate & Diversify Lithium Refining Globally - Mangrove Lithium 2026mangrovelithium.com · Feb 2021

Frequently asked questions

What does Mangrove Lithium do?: Mangrove Lithium is a cleantech company that develops a patented, feedstock-flexible electrochemical refining technology to convert diverse lithium feedstocks into battery-grade lithium hydroxide and carbonate. It is building commercial lithium refining facilities in Canada to supply materials for electric vehicle batteries and strengthen the North American battery supply chain.
Who founded Mangrove Lithium?: Mangrove Lithium was founded by Saad Dara in 2017.
Who are Mangrove Lithium's investors?: Mangrove Lithium's investors include BMW i Ventures, Breakthrough Energy Ventures, BDC Capital Corporation, Canada Growth Fund, Orion Industrial Ventures, Asahi Kasei Corporate Venture Capital, ATEL Ventures, InBC Investment Corp..
How much funding has Mangrove Lithium raised?: Mangrove Lithium has disclosed $85M raised across 1 of its 2 known rounds.
Where is Mangrove Lithium headquartered?: Mangrove Lithium is headquartered in Delta, CA.