Phoenix Tailings raised an undisclosed amount in a Series B funding round led by Envisioning Partners to enhance rare earth metal processing capabilities.
Phoenix Tailings raised an undisclosed amount in a Series B funding round led by Envisioning Partners to enhance rare earth metal processing capabilities.
12/31/24, 4:01 PM
Location
burlingtonIndustry
energy
Round Type
series b
Investors
Bmw I Ventures, Escape Velocity, Yamaha Motor Ventures, Envisioning Partners
BMW i Ventures has announced its investment in Phoenix Tailings, a company focused on sustainable metals production. This Series B funding round aims to expand Phoenix Tailings' rare earth processing capabilities to produce approximately 200 tons annually.
Company Info
Location
20 north ave.
burlington, massachusetts, united states
Additional Info
Phoenix Tailings (Techstars Boston 2020) was founded to be the world's first fully clean mining and metals production company. By harvesting the value held within mining waste, Phoenix Tailings creates zero carbon emission metals including rare earth metals, iron, PGMs, and pigments.