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. We are hiring! Visit www.phoenixtailings.com/careers for more info!
Location: United States
Employees: 11-50
Total raised: $73.2M
Founded date: 2019
Investors 8
Funding Rounds 2
| Date | Series | Amount | Investors |
| 22.02.2026 | Series B | $40.2M | Olive Tree... |
| 01.05.2025 | - | $33M | - |
Mentions in press and media 15
| Date | Title | Description |
| 11.09.2026 | Pentagon in talks to lend $5 billion to AI cloud startup Fluidstack to shore up US data center supply chain | The Pentagon is in talks to lend about $5 billion to AI cloud startup Fluidstack, a striking sign that the infrastructure behind artificial intelligence is moving from a Silicon Valley spending race into the heart of U.S. industrial strateg... |
| 03.08.2026 | US companies are stepping up to cut reliance on China for critical minerals used in key weapons | Getting your Trinity Audio player ready... By DIDI TANG, JOSH FUNK and RODRIQUE NGOWI EXETER, N.H. (AP) — Tucked inside a New Hampshire office park, a small refinery zaps mining waste with electricity to tease out critical minerals needed f... |
| 30.04.2026 | BMW запустила фонд на $300 млн для инвестиций в роботов и физический ИИ | Венчурное подразделение BMW Group — BMW i Ventures — закрыло третий фонд объемом $300 млн. Общий объем активов под управлением достиг $1,1 млрд. Фонд сосредоточится на стартапах ранних стадий и до раунда Series B в Северной Америке и Европе... |
| 23.02.2026 | Phoenix Tailings Secures $40.2M, Propelling U.S. Rare Earth Dominance | Phoenix Tailings secured $40.2M in Series B-3 funding, totaling $116.6M for domestic rare earth metal production. This accelerates U.S. supply chain independence. Funds expand capabilities for critical minerals like neodymium-praseodymium, ... |
| 22.02.2026 | Phoenix Tailings: $40.2 Million Raised For Accelerating U.S. Production Of Rare Earth Metals | Phoenix Tailings has closed a $40.2 million oversubscribed B-3 amplification round, bringing its total Series B funding to $116.6 million, as the company accelerates the expansion of domestic rare-earth metals production. The round consiste... |
| 20.02.2026 | Phoenix Tailings Raises $40.2M in Sereis B-3 Amplification Funding | Phoenix Tailings, a Woburn, MA-based rare earth metals production company, raised $40.2M in Series B-3 amplification funding. The round was offered exclusively to existing investors and select strategic partners and consisted of $30.2M in e... |
| 19.02.2026 | Phoenix Tailings Completes $40.2M Series B-3 | EXETER, NH, Phoenix Tailings has closed a $40.2 million oversubscribed B-3 amplification round, bringing total Series B funding to $116.6 million. >> Click here for more funding data on Phoenix Tailings >> To export Phoenix Tai... |
| 20.01.2026 | - | A More Competitive Landscape Amid Tightening Macroeconomic Conditions Following a 2025 marked by geopolitical volatility and shifting economic signals, the global cleantech ecosystem enters 2026 with slightly greater certainty—yet heightene... |
| 02.05.2025 | Phoenix Tailings: A New Dawn for Rare Earth Metals in America | In a world increasingly reliant on technology, rare earth metals are the unsung heroes. They power everything from electric vehicles to smartphones. Yet, the U.S. has long been tethered to foreign sources, particularly China, for these crit... |
| 01.05.2025 | Japan's Sumitomo, Builders Vision invest in US rare earths startup Phoenix Tailings | Japan’s Sumitomo and impact investment fund Builders Vision have invested in U.S.-based rare earths processing startup Phoenix Tailings, the latest move by manufacturers to boost production of the critical minerals outside of China. Rare ea... |
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