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
Employees: 11-50
Total raised: $73.2M
Founded date: 2019
Investors 7
Funding Rounds 2
| Date | Series | Amount | Investors |
| 22.02.2026 | - | $40.2M | Olive Tree... |
| 01.05.2025 | - | $33M | - |
Mentions in press and media 10
| Date | Title | Description |
| 23.02.2026 | Phoenix Tailings Secures $40.2M, Propelling U.S. Rare Earth Dominance | Phoenix Tailings secured $40.2M in Series B-3 funding, totaling $116.6M for domestic rare earth metal production. This accelerates U.S. supply chain independence. Funds expand capabilities for critical minerals like neodymium-praseodymium, ... |
| 22.02.2026 | Phoenix Tailings: $40.2 Million Raised For Accelerating U.S. Production Of Rare Earth Metals | Phoenix Tailings has closed a $40.2 million oversubscribed B-3 amplification round, bringing its total Series B funding to $116.6 million, as the company accelerates the expansion of domestic rare-earth metals production. The round consiste... |
| 20.02.2026 | Phoenix Tailings Raises $40.2M in Sereis B-3 Amplification Funding | Phoenix Tailings, a Woburn, MA-based rare earth metals production company, raised $40.2M in Series B-3 amplification funding. The round was offered exclusively to existing investors and select strategic partners and consisted of $30.2M in e... |
| 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 | “Phoenix Tailings leads rare earth refining in the U.S. to secure the metals our economy and defense need to thrive.” |
| - | Phoenix Tailings | “By harvesting the value held within mining waste, Phoenix Tailings creates zero carbon emission metals including rare earth metals” |