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Phoenix Tailings
Metals refinement company extracting value from waste in the mining industry called Bauxite Residue ('Red Mud")
About Phoenix Tailings
Phoenix Tailings is a pioneering startup that operates in the metals production industry with a unique, sustainable approach. The company's mission is to revolutionize the way metals are produced by extracting valuable metals and rare earth elements from mining waste, thereby reducing environmental impact and creating a cleaner supply chain.
The company's target market includes industries that rely heavily on metals, such as the renewable energy sector, which is increasingly dependent on metals and rare earth elements. As the world shifts towards an electrified industrial ecosystem, the demand for these materials is on the rise. However, traditional methods of metals production are environmentally destructive and often linked to poor labor conditions. Phoenix Tailings aims to address these issues by offering a more sustainable alternative.
Phoenix Tailings' business model is based on leveraging zero-waste technology to transform metals production. Their process uses clean energy sources and avoids hazardous chemicals, resulting in no waste. This not only reduces the environmental costs associated with traditional metals production but also unlocks the full value of natural resources.
The company generates revenue by selling the metals and rare earth elements it extracts from mining waste. This approach not only provides a more sustainable source of these materials but also helps to reduce the environmental impact of mining operations.
In summary, Phoenix Tailings is a forward-thinking startup that is changing the metals production industry by offering a sustainable, zero-waste solution.
Source: Dealroom company dataAt a glance
- Status
- Operational
- Founded
- 2019
- Headquarters
- Woburn, United States
- Employees
- 135
- Open positions
- 63
- Dealroom signal
- 94.5/100
- Sector
- Energy, Natural Resources, Mining Technologies, Waste Reduction, Sustainable Development Goals, Climate Tech, Circular Economy, Rare Earth, NIF defense security and resilience, NIF Supply Chain Resilience, DT and LS
- Technology
- Hardware, Deep Tech
- Business model
- Manufacturing
- Client focus
- b2b
- Investment activity
- 1 company, latest May 2026
- Capital deployed
- —
- Preferred round
- ACQUISITION
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| DEBTDebt | Jun 2026 | $500M | — | US Department of War · US Office of Strategic Capital | ↗ |
| GRANTOther financing | Jun 2026 | $66M | — | US Department of Energy | ↗ |
Growth signals
Latest recorded traffic for Phoenix Tailings is 13K monthly website visits, up 64.6% over the last three months. Phoenix Tailings's team grew 20.5% over the past year.
Open positions
Similar companies
Company identity and context are open; selected comparison metrics preview what is available on the platform.
Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Seed5 investors entered at this stage
US National Science Foundation
Techstars- BGBantam Group
MassVentures
US Department of Energy
Series A6 investors entered at this stage
BMW
Yamaha Motor
Presidio Ventures
Yamaha Motor Ventures
MPower Partners
Builders Vision
Series B and later5 investors entered at this stage
Olive Tree Capital
Geodesic Capital
Traxys
US Department of War
US Office of Strategic Capital
Other known investors1 additional known investor
- JVJ2 Ventures
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about Phoenix Tailings on X, ranked by likes and reposts, corporate channels excluded.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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