# Maverick Metals

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/maverick-metals

- Industry: Mining
- Headquarters: San Antonio, US
- Website: www.maverickmetals.com
- Total disclosed funding: $6M
- Latest round: Seed (Apr 3, 2025)
- Investors on record: 7

## About

Based in Texas, US, and founded in 2022 by its CEO, Eric Herrera, and COO, Jesse Evans, Maverick Metals operates as a technology company that develops custom microbes and enzymes designed for various industrial applications. In April 2025, Maverick Metals raised USD 19 million in venture funding led by new investor Olive Tree Capital, with participation from other new investors Y Combinator, Hanwha Investment & Securities, Liquid 2 Ventures, Nomadic Venture Partners, Soma Capital Management, and TechNexus Venture Collaborative. The company offers mineral processing and metal extraction solutions that include utilizing biotechnology and extractive metallurgy to extract metals from ores through LithXTM, a synthetic extraction enzyme, and the innovative BioextractionTM process. The company’s services include LithXTM and BioextractionTM services, industrial enzymes, engineering analysis, and technical research.

## Funding rounds

- Seed, Apr 3, 2025, $6M — Y Combinator, Soma Capital Management, Liquid 2 Ventures, TechNexus Venture Collaborative, Hanwha Investment & Securities, Olive Tree Capital, Nomadic Venture Partners

## Investors

- Y Combinator (https://capitalatlas.ai/funds/y-combinator) — Seed
- Soma Capital Management (https://capitalatlas.ai/funds/soma-capital-management) — Seed
- Liquid 2 Ventures (https://capitalatlas.ai/funds/liquid-2-ventures) — Seed
- TechNexus Venture Collaborative (https://capitalatlas.ai/funds/technexus-venture-collaborative) — Seed
- Hanwha Investment & Securities (https://capitalatlas.ai/funds/hanwha-investment-securities) — Seed
- Olive Tree Capital (https://capitalatlas.ai/funds/olive-tree-capital) — Seed
- Nomadic Venture Partners (https://capitalatlas.ai/funds/nomadic-venture-partners) — Seed