Alta Resource secures an additional $4.4m in seed funding to advance biochemical separation of rare earth elements, co-led by DCVC and Voyager.
Alta Resource secures an additional $4.4m in seed funding to advance biochemical separation of rare earth elements, co-led by DCVC and Voyager.
05/02/25, 9:45 AM
Location
boulderMoney raised
$4.4 million
Industry
mining
Investors
In Q Tel, Orion Industrial Ventures, Voyager, Dcvc
US-based Alta Resource Technologies has secured $4.4m of additional seed investment to support the development of a platform for biochemical separation of rare earth elements. The funding was co-led by DCVC and Voyager with participation from Orion Industrial Ventures and In-Q-Tel. This investment comes at a crucial time for critical minerals supply chains dominated by China. Alta plans to use the new funding to expand its operations.
Company Info
Location
boulder, colorado, united states
Additional Info
Alta Resource Technologies is on a mission to reinvent mining by using advanced biochemistry to cost-effectively source the critical raw materials needed to power next-generation technology and bolster economic security. By leveraging customizable proteins to separate high-purity rare earth elements and other essential minerals from previously untapped sources with unprecedented selectivity, Alta is expanding access to vital resources while dramatically reducing the environmental impact of mining. With support from top investors, research partners, and federal and state government, Alta is poised to catalyze a long-overdue revolution in mining technology and secure the domestic supply of critical resources for the 21st century economy.