Phoenix Tailings

MiningSeries BWoburn, USphoenixtailings.com

Latest round

Series B

Last raised

Feb 2026

Total raised

$119M

Investors

13

About Phoenix Tailings

Founded in 2019 by Anthony Balladon, Michelle Chao (COO), Nicholas Myers (CEO), and Tomás Villalón (CTO), and based in Massachusetts, US, Phoenix Tailings, Inc. operates as a company providing clean mining and metals production company. In February 2026, Phoenix Tailings, Inc. The firm serves customers in the Defense, Automotive, Electronics, and Biotech industries. The firm employs a proprietary process to extract usable metals, including rare earth metals, from mining waste known as tailings. The firm extracts metals like Ferro-Dysprosium Alloys, Neodymium, and Dysprosium derived from the recycling and re-mining of Bauxite Residue.

Who invested in Phoenix Tailings

13 investors across 4 rounds

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Funding rounds

  1. Series B

    Feb 19, 2026

    Amount

    $30M

    Investors

    Locked

  2. Series B

    May 2, 2025

    Amount

    $33M

    Investors

    Locked

  3. Series B

    Nov 20, 2024

    Amount

    $44M

    Investors

    Locked

  4. Series A

    Jul 8, 2021

    Amount

    $12M

    Investors

    Locked

Questions about Phoenix Tailings

Who invested in Phoenix Tailings?

Phoenix Tailings has 13 investors on record across 4 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Phoenix Tailings raised?

Phoenix Tailings has raised 4 venture rounds. Sign up free to see how much each round raised and the total.

When did Phoenix Tailings last raise money?

Phoenix Tailings's most recent round on record is a Series B, in Feb 2026.

What does Phoenix Tailings do?

Founded in 2019 by Anthony Balladon, Michelle Chao (COO), Nicholas Myers (CEO), and Tomás Villalón (CTO), and based in Massachusetts, US, Phoenix Tailings, Inc.

Where is Phoenix Tailings headquartered?

Phoenix Tailings is headquartered in Woburn, US.

Which VCs invest in companies like Phoenix Tailings?

Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back mining companies at Phoenix Tailings's stage. Their profiles are linked below.

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