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Mangrove Lithium: Funding, Investors & Team (Sep 2026)

Mangrove Lithium, a Vancouver-based company, has developed a breakthrough platform for the most cost-effective production of battery-grade lithium hydroxide and carbonate from diverse input streams and assets. Mangrove’s modular solution can be scaled to any capacity and co-located with upstream lithium producers or cathode and cell manufacturers. The platform technology is also being commercialized for the conversion of waste brines to chemicals and desalinated water.

www.mangrovelithium.com LinkedIn Vancouver, Canada 11-50 employees
Total raised
$150M
Rounds
6
Latest
Undisclosed round
Apr 2026

Mangrove Lithium has raised $150M across 6 funding rounds on record, the most recent an undisclosed round of $16.0M announced in Apr 2026.

That round is above the $3.0M median round size for Other companies tracked on FundedIQ over the last two years.

Mangrove Lithium Company Profile and Key Stats

Total funding raised
$150M
across 6 rounds on record
Funding rounds on record
6
1 with no disclosed amount
Latest funding round
Undisclosed round
$16.0M in Apr 2026
Employees
11-50
reported band
Headquarters
Vancouver, Canada

Latest funding round on record: Apr 2026.

Mangrove Lithium Funding Rounds

Date
Round
Amount
Undisclosed round
$16.0M
Undisclosed round
$85.0M
Undisclosed round
$1.5M
Undisclosed round
$35.0M
Undisclosed round
Undisclosed
Series B
$12.0M

1 of 6 rounds was announced without a disclosed amount and is excluded from the total.

Mangrove Lithium raised $12.0M in a Series B announced in May 2022.

1.1 years later, an undisclosed round was announced in Jun 2023 with no disclosed amount.

1.6 years later, an undisclosed round of $35.0M was announced in Jan 2025.

10 months later, an undisclosed round of $1.5M was announced in Nov 2025.

2 months later, an undisclosed round of $85.0M was announced in Jan 2026.

3 months later, an undisclosed round of $16.0M was announced in Apr 2026.

Mangrove Lithium Founders and Leadership Team

Name
Role
Contact
Arman Bonakdarpour
Founder
David Wilkinson
Founder
Saad Dara
Founder
Locked

Contact details for the Mangrove Lithium team: 1 of 3 have an email address on file.

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Mangrove Lithium Funding Compared to Other Other Startups

Segment
Companies
Median round
1,391
$3.0M
3,081
$2.2M

Mangrove Lithium's latest round of $16.0M is above the median round in Other. Medians cover the last 24 months of disclosed rounds.

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Mangrove Lithium Funding FAQs

What does Mangrove Lithium do?

Mangrove Lithium, a Vancouver-based company, has developed a breakthrough platform for the most cost-effective production of battery-grade lithium hydroxide and carbonate from diverse input streams and assets. Mangrove’s modular solution can be scaled to any capacity and co-located with upstream lithium producers or cathode and cell manufacturers. The platform technology is also being commercialized for the conversion of waste brines to chemicals and desalinated water.

How much funding has Mangrove Lithium raised?

Mangrove Lithium has raised $150M across 6 rounds on record. The most recent is an undisclosed round of $16.0M announced in Apr 2026.

When did Mangrove Lithium last raise funding?

Mangrove Lithium's most recent funding round on record is an undisclosed round of $16.0M, announced in Apr 2026.

Who founded Mangrove Lithium?

FundedIQ lists Arman Bonakdarpour (Founder), David Wilkinson (Founder), Saad Dara (Founder) at Mangrove Lithium.

Where is Mangrove Lithium headquartered?

Mangrove Lithium is based in Vancouver, British Columbia, Canada.

How many employees does Mangrove Lithium have?

Mangrove Lithium is in the 11-50 employee band.

How does Mangrove Lithium's funding compare to other Other startups?

Mangrove Lithium's latest round of $16.0M is above the $3.0M median round size for Other companies on FundedIQ across 1,391 tracked companies over the last two years.

About FundedIQ's Mangrove Lithium Funding Data

FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.

Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Mangrove Lithium is left off this page rather than filled in.

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