The Engine was among the investors that helped the lithium mining process developer raise a series B round first announced last month.

Lilac Solutions, a US-based lithium extraction technology developer exploiting Northwestern University research, reached a final close of its $150m series B round on Wednesday featuring incubator and venture fund The Engine. Industrial gas producer SK Materials, conglomerate Sumitomo’s Presidio Ventures unit and BMW i Ventures, the venture capital firm formed by automotive manufacturer BMW, also…

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