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
Industry Categories
Business Model
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
nickwmyers
Chief Executive Officer & Co-Founder
Investors
Laser Digital (Nomura)
Corporate Venture Capital
OliveTreeCap
Investor
Recent Mentions
Phoenix Tailings, a Woburn, MA-based rare earth metals refining company, raised an additional $33m in Series B funding https://t.co/NTGKWqXO7G
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, letβs prove that innovation is the solution to building a secure and independent supply chain. https://t.co/o9MkLqCWgP
@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.
- @PhoenixTailings , a deep tech and materials science startup based in Exeter, New Hampshire, raised $40.2 million in a Series Bβ3 round from existing investors and strategic partners, with @Nomura providing venture debt. The company develops novel processes to extract and
ποΈ Company: Phoenix Tailings π Website: https://t.co/2Qfk6F3t9l π Amount: $40.2 Million π Round: Series B-3 βοΈ Industry: Manufacturing, Energy π Location: Exeter, New Hampshire, USA
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
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