Mangrove Lithium
5 known investors
Mangrove Lithium operates an electrochemical, modular lithium refining platform that converts raw lithium from brines, hard rock, clay, geothermal DLE, and recycled batteries into battery-grade lithium hydroxide or carbonate. It serves lithium producers, battery recyclers, and battery manufacturers, and can co-locate its technology near extraction, recycling, or manufacturing sites; the company operates in North America.
CleantechEnergyNew Materials
Founders & leadership
SD
Saad DaraCEO & Founder
DS

David St. AngeloChief Technology Officer
AL

Annie LiuChief Commercial and Strategy Officer
Investors · 5
Funding
SEC filings, press & company announcements$85M disclosed across 1 round · 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
Frequently asked questions
- What does Mangrove Lithium do?
- Mangrove Lithium operates an electrochemical, modular lithium refining platform that converts raw lithium from brines, hard rock, clay, geothermal DLE, and recycled batteries into battery-grade lithium hydroxide or carbonate. It serves lithium producers, battery recyclers, and battery manufacturers, and can co-locate its technology near extraction, recycling, or manufacturing sites; the company operates in North America.
- Who founded Mangrove Lithium?
- Mangrove Lithium was founded by Saad Dara.
- Who are Mangrove Lithium's investors?
- Mangrove Lithium's investors include Canada Growth Fund, BMW i Ventures, InBC Investment Corp., BDC Capital Corporation, Breakthrough Energy Ventures.
- How much funding has Mangrove Lithium raised?
- Mangrove Lithium has disclosed $85M raised across 1 round.