R
Red Metals
Next-generation manufacturing of high-conductivity copper rod.
About Red Metals
Red Metals is a next-generation copper manufacturer on a mission to reshore American copper refining. Founded by CEO Jackson Switzer, a chemical engineer and former Redwood Materials executive, the company converts domestic copper scrap (urban mining) into high-conductivity copper rod through a proprietary process combining physical processing, AI-powered sorting and metallurgical refining in one continuous operation, collapsing a supply chain that today runs from US scrap exports to re-imported finished products. In June 2026 the company announced a $10 million seed round led by Gigascale Capital with participation from Future Ventures, MCJ Collective and Tesla co-founder JB Straubel, plus plans for a $70 million copper rod facility in Charleston, South Carolina expected to create at least 45 jobs in its initial phase. Its copper rod serves high-growth sectors including data centres, grid modernisation, electrification and defence.
Source: Dealroom company dataKnowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| SEEDOther financing | Jun 2026 | $10M | $40M | JB Straubel · MCJ · Gigascale Capital · Future Ventures | ↗ |
Growth signals
Latest recorded traffic for Red Metals is 2.4K monthly website visits.
Open positions
Similar companies
Company identity and context are open; selected comparison metrics preview what is available on the platform.
| Company | Headquarters | Status | Employees | Total funding | Valuation |
|---|---|---|---|---|---|
 ValorLow-energy, high-purity critical mineral refining. |
New York City, United States | Operational | 8 | — | — |
 SerenTechnologiesRecycling permanent magnets for rare earth element recovery. |
United Kingdom | Operational | |||
 OpovateVenture builder creating sustainable, bio-composite material companies. |
Woking, United Kingdom | Operational | |||
 EsterCycleChemical recycling of mixed polyester plastics. |
Golden, United States | Operational | |||
 VinylOneUpcycling PVC scrap into reusable raw materials. |
Cleveland, United States | Operational | |||
 Zero MinePatented hydrometallurgical recovery of critical electronic waste metals. |
Jyväskylä, Finland | Operational | |||
 Greenberg MaterialsSourcing and supplying recyclable plastics to manufacturers. |
Port-Harcourt, Nigeria | Operational | |||
 Imperial GroupIntegrated scrap metal processing and alloy manufacturing. |
Chicago, United States | Operational |
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.
Seed4 investors entered at this stage
Gigascale Capital
JB Straubel
MCJ
Future Ventures
Source: Dealroom Talent Intelligence.
Global footprint
Market sentiment
An AI-synthesised read of the highest-engagement posts about Red Metals 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
See Red Metals’s full profile on Dealroom
Request a free trial to see the complete deal history, financials, people graph and growth signals.
Takes under a minute. Already use Dealroom? Log in.