# Element Zero

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/element-zero-pty

- Industry: Mining
- Headquarters: Australia
- Website: www.elementzero.green
- Total disclosed funding: $10M
- Latest round: Seed (Aug 1, 2023)
- Investors on record: 2

## About

Founded in 2022 and based in Australia, Element Zero Pty Ltd. is a mineral processing platform that utilizes renewable energy to convert iron ore to iron and other future-facing metal ore into metal. Michael Masterman (CEO), Bart Kolodziejczyk (CTO), and Peter Barrett are the co-founders of the company. In January 2024, Element Zero Pty Ltd. raised USD 10 million in seed funding led by Playground Ventures.

The company develops a mineral processing platform that transforms metal ores, including iron ore, nickel ore, and other metals, into pure metal forms while boasting zero carbon emissions. The firm’s core technology lies in a non-aqueous electrochemical process that harnesses renewable energy sources like wind, solar, and hydropower. This process allows for the conversion of a diverse range of ores, including iron, nickel, tin, titanium, and silica, into high-purity metals. Element Zero's platform is capable of processing multiple metals using renewable energy and unique chemistry.

The organization plans to use the January 2024 funding to scale the development of its pilot iron plant and grow its team.

## Funding rounds

- Seed, Aug 1, 2023, $10M — Playground Ventures, Symmall Pty Limited

## Investors

- Playground Ventures (https://capitalatlas.ai/funds/playground-ventures) — Seed
- Symmall Pty Limited — Seed