United States · Funded startup

Who invested in USA Rare Earth

2 rounds we have observed, with the 2 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.

Chemicals & Materials

Raised 2 months ago

Funding summaryUpdated 26 Oct 2026

$2.7Braised across 2 rounds since 2026, from 2 sources

$1.5BRound$1.2BDebt
Latest round
Debt, $1.2BSept 2026
Biggest round
$1.5BRound · Jan 2026
Investors
2
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.

20262027
$1.5BRound$1.2BDebt
First round
Round, $1.5B
Jan 2026
Biggest round
$1.5B
Round · Jan 2026
Between rounds
8 months
from the last two

The rounds

  1. Sept 2026
    Debt$1.2B1 returning

    Source recorded

  2. Jan 2026

Founders and team

From USA Rare Earth's own website: 8 on the team.

  • Thras MoraitisPresident & Chief Executive Officer
  • Greg BowmanChief Global Policy Officer
  • Valerie Ford JacobChief Legal Officer
  • David BushiHead of Downstream
  • David OvejeroGroup Head of Corporate Development
  • Dr. Alex MoyesHead of Upstream, USA
  • Markus NoethigerGroup Head of Sustainability
  • Victoria SprengerActing Head of People

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.

Everyone who backed them

Missing a round, or an investor who was in one? Tell us.

Quick answers about USA Rare Earth

Who invested in USA Rare Earth?

USA Rare Earth's investors include Evolution VC Partners and Ruttenberg Gordon Investments.

How much has USA Rare Earth raised?

USA Rare Earth has raised $2.7B across 2 rounds since 2026.

When did USA Rare Earth last raise?

USA Rare Earth's most recent round was a Debt of $1.2B in Sept 2026.

What was USA Rare Earth's biggest round?

USA Rare Earth's largest round on record is $1.5B (Undisclosed round), in Jan 2026.

Who backed USA Rare Earth first?

USA Rare Earth's first round on record, in Jan 2026, was backed by Evolution VC Partners and Ruttenberg Gordon Investments.

What stage is USA Rare Earth at?

USA Rare Earth's latest named round is a Debt, in Sept 2026.

Where is USA Rare Earth based?

USA Rare Earth is based in the United States.

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