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Phoenix Tailings

About Phoenix Tailings

A rare earth metals refining company focused on sustainable and innovative solutions for the extraction and processing of rare earth elements.

Business Information
Target Customers
manufacturers electronics companies automotive industry renewable energy sector
Industry Categories
Materials, Natural Resources & Mining Sustainability Climate & Energy
Business Model
Revenue Model B2B sales
Pricing Strategy Contract-based pricing
Sales Channels direct sales, partnerships with manufacturers
Funding Timeline
Round Date Amount Investors
Series B Feb 21, 2026 $40.2M Laser Digital (Nomura), OliveTreeCap
Series B Feb 18, 2026 $30.2M Unknown
Series B May 01, 2025 $33.0M Unknown
Founders
n
nickwmyers

Chief Executive Officer & Co-Founder

Investors
L
Laser Digital (Nomura)

Corporate Venture Capital

O
Recent Mentions
finSMEs
FinSMEs @finSMEs
May 01, 2025

Phoenix Tailings, a Woburn, MA-based rare earth metals refining company, raised an additional $33m in Series B funding https://t.co/NTGKWqXO7G

nickwmyers
Nick Myers @nickwmyers
May 01, 2025

Excited to announce: @PhoenixTailings has raised an additional $33M, bringing our Series B to $76M as we scale US rare earth metal production. As China restricts supply, let’s prove that innovation is the solution to building a secure and independent supply chain. https://t.co/o9MkLqCWgP

F4QuickShot
F4 Quick Shot @F4QuickShot
Feb 18, 2026

@business Phoenix Tailings raised $30.2M in Series B funding (at $360M valuation) to scale its low-emission rare earth extraction from mining waste and challenge China's refining dominance.

credx_club
CREDX @credx_club
Feb 21, 2026

- @PhoenixTailings , a deep tech and materials science startup based in Exeter, New Hampshire, raised $40.2 million in a Series B‑3 round from existing investors and strategic partners, with @Nomura providing venture debt. The company develops novel processes to extract and

raisingfi
Raising.fi @raisingfi
Feb 21, 2026

πŸ›οΈ Company: Phoenix Tailings πŸ”— Website: https://t.co/2Qfk6F3t9l πŸ“Š Amount: $40.2 Million πŸ”„ Round: Series B-3 βš™οΈ Industry: Manufacturing, Energy 🌍 Location: Exeter, New Hampshire, USA

DevCuration
DevCuration @DevCuration
Feb 23, 2026

Phoenix Tailings (@PhoenixTailings) raised $40.2M Series B-3 from @OliveTreeCap and @Nomura. @nickwmyers and team are converting rare earth waste into domestic critical metals for EV, wind, and defense supply chains. https://t.co/wCAk3qfJHO