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Still Bright

Energy · Newark, United States · Founded 2022

Electrochemical copper extraction from ore and waste MoreLess

Still Bright is a climate-tech company founded in 2022 that is developing a cleaner, more efficient method for copper extraction. Headquartered in Newark, New Jersey, the firm was co-founded by CEO Randy Allen and CTO Jon Vardner. The technology originated from research conducted at Columbia University.

The company's patented hydrometallurgical process, named RACER, facilitates the rapid conversion of concentrated copper ore into refined copper at ambient temperature and pressure. This method uses a vanadium-based solution to soak the ore, drawing out the copper in a process that takes minutes to an hour. The system then uses electricity to regenerate the vanadium solution for reuse, a concept inspired by vanadium flow batteries. This approach allows for the extraction of up to 99% of copper from sulfide ore, a significant improvement over traditional methods. The entire process can be electrified and powered by renewable energy, reducing the carbon impact and avoiding the toxic air pollutants associated with traditional smelting.

Still Bright's business model targets the mining industry, offering a solution to several challenges, including the environmental impact of smelting, reliance on overseas processing, and the underutilization of resources. The company’s modular systems are designed to be 70% to 90% cheaper in capital costs than conventional pyrometallurgical equipment and can be deployed at various mine sizes. It aims to process not only high-grade ore but also waste tailings and other resources that are currently difficult to process.

In July 2025, Still Bright secured $18.7 million in a seed funding round co-led by Material Impact and Breakthrough Energy Ventures, with participation from investors like Azolla Ventures, Fortescue, and SOSV. The capital is intended to scale operations from its current two-ton-per-year pilot unit to a 500-ton-per-year demonstration facility by 2028. The ultimate goal is to deploy 10,000-ton-per-year commercial units, helping to establish a domestic copper supply chain.

Keywords: copper extraction, hydrometallurgy, electrometallurgy, vanadium leaching, cleantech, mining technology, critical minerals, sustainable mining, resource recovery, circular economy, industrial decarbonization, metal refining, energy transition, climate tech, process intensification, modular processing, supply chain localization, waste valorization, electrochemical process, green chemistry

Company overview

Still Bright company information

The essential company record, classifications and operating signals in one place.

Status
Operational
Founded
2022
Headquarters
Newark, United States
Employees
20
Open positions
10
Dealroom signal
88.2
client focusb2btechnologyHardwaretechnologyDeep Techbusiness modelManufacturingsectorMining TechnologiessectorBiotechnologysectorSpinoutsectorSustainable Development GoalssectorClimate TechsectorCoppersectorIndustrial ElectrificationsectorNIF defense security and resiliencesectorNIF Supply Chain ResiliencesectorDT and LS

Valuation & funding

Still Bright funding history

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
SEEDEquity / VC Jul 2025 $19M $75M Fortescue · Material Impact · Impact Science Ventures · Breakthrough Energy Ventures
SUPPORT PROGRAMOther financing Mar 2024 $0 Third Derivative
SPINOUTOther financing Jan 2022 $0 Columbia University
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Financials

Workforce over time

Available workforce history. Financial fields without reported data are omitted.

YearEmployees
2026 20
2025 10
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Growth signals

Still Bright website traffic

Latest recorded traffic for Still Bright is 570 monthly website visits, up 256.3% over the last three months. Still Bright's team grew 100% over the past year.

Latest monthly visits570 3-month web change+256.3% 1-year team growth+100%
Monthly website visits14 observations · Apr 2025–Jun 2026
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Comparisons

Still Bright compared with similar companies

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Talent graph

Still Bright's talent

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Team profiled 3 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 2 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Investors

10 investors on Still Bright's cap table

Sourced from Dealroom's funding and investor records. Investor profile links are shown where available.

Seed 6 investors entered at this stage
Material Impact
Breakthrough Energy Ventures
Fortescue
Impact Science Ventures
SOSV
Azolla Ventures
Other known 4 additional known investors
Columbia University
Third Derivative
Hax
UpLink - World Economic Forum

Global footprint

Where Still Bright has talent and traffic

Workforce by country
2 countries with
team presence
🇺🇸 United States80%
🇬🇧 United Kingdom20%
2 countries shown

In the news

Latest news about Still Bright

Recent press, funding announcements, and product moves mentioning Still Bright — open to read from the original sources.

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Market sentiment

What the market is saying about Still Bright

An AI-synthesized read of the highest-engagement posts about Still Bright on X over the past 7 days. We rank by likes & retweets, ignore corporate channels, and surface the themes that broke out from real people.

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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