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, Massachusetts, Woburn
Employees: 11-50
Total raised: $33M
Founded date: 2019
Investors 7
Funding Rounds 1
| Date | Series | Amount | Investors |
| 01.05.2025 | - | $33M | - |
Mentions in press and media 6
| Date | Title | Description |
| 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 | Rare Earth Metals Refining Company Phoenix Tailings Closes on Additional $33M in Funding From Strategic Investors, Bringing the Round up to $76M to Support Rare Earth Metal Independence | The oversubscribed round will scale domestic rare earth production to establish domestic rare earth metal independence just as China uses export controls to drastically limit supply and threaten U.S. manufacturing. WOBURN, Mass.–(BUSINESS W... |
| 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... |
| 01.05.2025 | Phoenix Tailings Closes on Additional $33M in Funding | Phoenix Tailings, a Woburn, MA-based rare earth metals refining company, raised an additional $33m in Series B funding. The second close was anchored by Escape Velocity, a venture vehicle founded by former Goldman Sachs executives Ganesh Ra... |
| 01.01.2025 | BMW, Yamaha Motor back US rare earths startup Phoenix Tailings | BMW, Yamaha Motor back US rare earths startup Phoenix Tailings By Ernest ScheyderDecember 31, 20249:54 PM UTCUpdated ago Text Small Text Medium Text Large Text Share X Facebook Linkedin Email Link A view of the MP Materials rare earth open-... |
| - | Phoenix Tailings | “By harvesting the value held within mining waste, Phoenix Tailings creates zero carbon emission metals including rare earth metals” |