Content
05/01/2025
Woburn, MA USA
Phoenix Tailings
completed $76 million Series B Round funding. Investors include
Escape Velocity (lead), Envisioning Partners (lead), Builders Vision, Yamaha Motor Ventures, MPower Partners, Presidio Ventures.
About
Phoenix Tailings is a U.S.-based rare earth metals production company, currently operating a domestic refining facility in Massachusetts and shipping final metal products globally. The company has developed innovative technology that enables the economic and safe processing of rare earth elements into final metals and metal alloys. Phoenix Tailings is supported by world-class investors, partners, and agencies such as In-Q-Tel (IQT), BMW, Yamaha Motor Ventures, ARPA-E, and MIT. Phoenix is currently operating a 40-ton-per-year commercial facility and is constructing a new commercial facility in New Hampshire to scale the production of final metals and metal alloys. At present, Phoenix Tailings sources rare earth concentrates from domestic and allied producers. In the long term, the company aims to recover rare earths from mining waste, or tailings, as part of its commitment to building a truly stable and circular supply chain.
Startup
Sector:
Industrial
Materials
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