Phoenix Tailings

Phoenix Tailings

Private
Exeter, New HampshireFrontier & Industrial Techhttps://phoenixtailings.com

Last Round

Series B

Extension

Feb 19, 2026

Est. Valuation

$360M

Total Funding Raised

$133.61M

Momentum Score

25 /100

Company Overview

Phoenix Tailings is a clean technology company that produces rare earth metals and other critical materials from mining waste.

Sector

Frontier & Industrial Tech

Verticals

Advanced Materials, Circular Economy, Clean Manufacturing, Defense Tech

Business Model

B2B

Customer Profile

Hardware Sales, Government Contracts, Services & Consulting

AI Layer

Non-AI

Keywords

rare earth metalscritical materialstailings processingurban miningrare earth refiningdomestic supply chaincircular economymolten salt electrolysisstrategic materialsEV materialssustainable miningpermanent magnetsdefense techresource recoveryrefining-as-a-service

Historical Pricing

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Caplight Momentum Score

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Phoenix Tailings Comps

Public and private peers based on sector, stage, and business model.

CompanyStatusEst. ValuationRev Multiple
OpenAIPrivate$86.0B~40x
CoherePrivate$5.0B--
Competitor 1Public$XX.XBXXx
Competitor 2Public$XX.XBXXx

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Phoenix Tailings Funding Rounds

Historical fundraising activity

RoundDateAmount RaisedValuationInvestorsSources
Series B ExtensionFeb 19, 2026
Series B ExtensionApr 25, 2025
Series BDec 20, 2024
GrantApr 26, 2024
GrantFeb 28, 2024
Grant
Dec 4, 2023

Key People

Founding team and executive leadership

Anthony Balladon

Chief Commercial Officer Co-Founder

Founding Team

Nicholas Myers

CEO Co-Founder

Founding Team

Phoenix Tailings Investors

Notable investors and investment history

InvestorRounds
Aether VenturesSeries B Extension
Presidio VenturesSeries B Extension
TechstarsAccelerator
Massachusetts Manufacturing Innovation InitiativeGrant
MPower PartnersSeries B Extension, Series B
Escape VelocitySeries B, Series B Extension
Envisioning PartnersSeries B Extension, Series B

Market signals

Structured signals derived from secondary market and firmographic data.

  • Feb 19, 2026

    $40.2M round raised at $360M post-money valuation.

  • Oct 4, 2025

    Launched first 24/7 commercial clean metals production facility in Exeter, NH.

Phoenix Tailings Filings

SEC and related filings with document metadata.

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Phoenix Tailings Filings

SEC and related filings with document metadata.

Frequently Asked Questions

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Firmographic Details

HeadquartersExeter, New Hampshire
Employee Range118
Year Founded2019
Last FundingFeb 19, 2026

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