Lilac Solutions Announces $150 Million Series B to Scale Lithium...

Lilac Solutions Announces $150 Million Series B to Scale Lithium Supply for the Electric Vehicle Era led by Lowercarbon Capital and funds and accounts advised by T. Rowe Price Associates, Inc. Additional new investors include Mercuria Energy Trading and Valor Equity Partners; existing investors Breakthrough Energy Ventures and The Engine also participated in the round.

Lowercarbon Capital's Chris Sacca commented, “I’ve been doing this a long time, but before Lilac, I've never seen a company whose product is 10,000x faster than the competition. Lilac's success means much more affordable electric cars, hundreds of millions of tons less CO2 pollution, and a big step toward enhancing US national security"

Chris Sacca invested in seed and early-stage technology companies such as Twitter, Uber, Instagram, Twilio, and Kickstarter, not a bad wrap sheet.

https://www.businesswire.com/news/home/20210922005978/en/Lilac-Solutions-Announces-150-Million-Series-B-to-Scale-Lithium-Supply-for-the-Electric-Vehicle-Era