How much funding has Element Zero raised?

Element Zero has raised $10.0M in total funding, most recently a Seed round.

Who are Element Zero's investors?

Element Zero's investors include Playground Global.

When was Element Zero founded?

Element Zero was founded in 2022.

Where is Element Zero headquartered?

Element Zero is headquartered in Perth, Western Australia, Australia.

What industry is Element Zero in?

Element Zero operates in Climate Tech.

Element Zero

The Green Metal Company

Perth, Australia · Founded 2022 · $10.0M raised

Climate Tech

Headquarters: Perth, Western Australia
Founded: 2022
Business Model: B2B
Website: elementzero.green

Total Funding: $10.0M
Last Round: $10.0M SeedJan 2024
Rounds: 1

About

Element Zero is a Perth, Western Australia-based green materials startup founded in 2022, developing a patented non-aqueous alkaline electrochemical process to convert metal ores — including iron ore, nickel ore, titanium, tin, and silica — into pure metal with zero carbon emissions. The process operates at low temperature using intermittent renewable energy (wind, solar, hydropower) and requires 30–40% less processing energy than conventional methods, with no membranes and no fossil fuels. The company's Pilbara Iron Super Hub project, located at the Boodarie Strategic Industrial Area near Port Hedland, WA, targets 5 million tonnes/year of iron ore feed scaling to 20 million tonnes/year (~US$9B revenue), exporting green iron to North and Southeast Asian markets. Element Zero raised a US$10M seed round in January 2024 led by Playground Global. The company was named a BNEF Pioneer and was recognized by NearZeroSteel.

Summary

Element Zero is a Climate Tech company based in Perth, Australia, founded in 2022. It has raised $10.0M in total across 1 round, most recently a $10.0M Seed round in Jan 2024. Investors include Playground Global.