Phoenix Tailings

The Future of Rare Earth Refining in America

Boston, United States · Founded 2020 · $131.6M raised

Employees
51–200
Founded
2020
Business Model
B2B
Total Funding
$131.6M
Last Round
$40.2M Extension RoundFeb 2026
Rounds
6

About

Phoenix Tailings is pioneering clean mining and metals production, building the world's first fully clean mining and refining company. They produce rare earth metals critical for defense, clean energy, and next-generation technology, with commercial rare earth shipments since 2023 and a $200M auto industry sales contract.

Summary

Phoenix Tailings is a Clean Tech company based in Boston, United States, founded in 2020. It has raised $131.6M in total across 6 rounds, most recently a $40.2M Extension Round round in Feb 2026. Investors include U.S. Department of Defense, Envisioning Partners and Yamaha Motor Ventures.

Tech & App Stack

8 technologies & apps tracked

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Funding History

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Debt FinancingDOD Conditional LoanJun 2026
$500.0M

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Seed through Debt Financing — per-round amounts, valuations, and who invested in each round.

Investors

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