# Princeton Critical Minerals funding: rounds and investors

> Princeton Critical Minerals has raised $21M across 2 rounds since 2026. Investors include SOSV, National Science Foundation and NJEDA.

Source: https://millionrounds.com/company/princeton-critical-minerals (Millionrounds; every figure on the page links to its filing or article)

United States · [Series A startup](https://millionrounds.com/companies)

# Who invested in *Princeton Critical Minerals*

2 rounds we have observed, with the 4 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Cleantech Energy Oil & Gas

Raised 2 months ago

Funding summary Updated 26 Oct 2026

**$21M** raised across 2 rounds since 2026, from 3 sources

**$5.0M** Grant **$16M** Series A

- **Latest round:** Series A, $16M Aug 2026
- **Led by:** SOSV
- **Step-up i:** 3.2×
- **Investors:** 4 (1 led)

See who backed them

## The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2027

**$5.0M** Grant

**$16M** Series A

- **First round:** Grant, $5.0M
- **Biggest round:** $16M

## The rounds

- **Aug 2026** Series A **$16M** *1 new* *3 returning* [SOSV](https://millionrounds.com/fund/sosv) Lead [National Science Foundation](https://millionrounds.com/fund/nsf-small-business-innovation-research-small-business-techno) [NJEDA](https://millionrounds.com/fund/njeda) [ARPA-E](https://millionrounds.com/fund/arpa-e) Reported by HAX and 1 other SEC filing: $11M sold
- **Aug 2026** Grant **$5.0M** *3 new* [National Science Foundation](https://millionrounds.com/fund/nsf-small-business-innovation-research-small-business-techno) [SOSV](https://millionrounds.com/fund/sosv) [NJEDA](https://millionrounds.com/fund/njeda) Source recorded SEC filing: $11M sold

## Founders and team

From Princeton Critical Minerals's own website: 1 founder, 10 on the team.

**Sean Zheng** Co-Founder, CEO

- **Angela Fasnacht** Chief Operating Officer
- **Diane Carlino** Chief of Staff
- **Aashish Khandelwal** Head of Engineering
- **Alejandro Guerrero** General Manager, South America
- **Ashwath Mehra** Board Chair
- **Duncan Turner** Director of the Board.
- **Juan Contreras** Plant Manager, South America
- **Juanita Carvallo** Operations Manager, South America
- **Hang Wang** Team
- **Meng Wang** Team

## Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

**Grant** 2026 **Series A** 2026 [SOSV](https://millionrounds.com/fund/sosv) L [National Science Foundation](https://millionrounds.com/fund/nsf-small-business-innovation-research-small-business-techno) [NJEDA](https://millionrounds.com/fund/njeda) [ARPA-E](https://millionrounds.com/fund/arpa-e)

## Everyone who backed them

[SOSV](https://millionrounds.com/fund/sosv) VC firm **2** rounds, led 1

[National Science Foundation](https://millionrounds.com/fund/nsf-small-business-innovation-research-small-business-techno) Government **2** rounds

[NJEDA](https://millionrounds.com/fund/njeda) VC firm **2** rounds

[ARPA-E](https://millionrounds.com/fund/arpa-e) Government **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=princeton-critical-minerals).

## Quick answers about Princeton Critical Minerals

### Who invested in Princeton Critical Minerals?

Princeton Critical Minerals's investors include SOSV, National Science Foundation, NJEDA and ARPA-E. SOSV led its latest round.

### How much has Princeton Critical Minerals raised?

Princeton Critical Minerals has raised $21M across 2 rounds since 2026.

### When did Princeton Critical Minerals last raise?

Princeton Critical Minerals's most recent round was a Series A of $16M in Aug 2026, led by SOSV.

### What was Princeton Critical Minerals's biggest round?

Its most recent round, $16M in Aug 2026, is also its largest on record.

### Who backed Princeton Critical Minerals first?

Princeton Critical Minerals's first round on record, in Aug 2026, was backed by National Science Foundation, SOSV and NJEDA.

### What stage is Princeton Critical Minerals at?

Princeton Critical Minerals's latest named round is a Series A, in Aug 2026.

### Where is Princeton Critical Minerals based?

Princeton Critical Minerals is based in the United States.

### Who led Princeton Critical Minerals's rounds?

SOSV led the Series A in 2026.

## Companies like Princeton Critical Minerals

In the same sector, and raised in the last eighteen months.

[**Amogy** $125M · Oct 2026](https://millionrounds.com/company/amogy)[**LanzaJet** $67M · Oct 2026](https://millionrounds.com/company/lanzajet)[**Pivot Energy** $500M · Oct 2026](https://millionrounds.com/company/pivot-energy)[**Pennsylvania American Water** $43M · Oct 2026](https://millionrounds.com/company/pennsylvania-american-water)[**Peak Energy** $163M · Oct 2026](https://millionrounds.com/company/peak-energy)[**Vertical Semiconductor** $84M · Oct 2026](https://millionrounds.com/company/vertical-semiconductor)

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