# Phoenix Tailings: Advanced Materials, Woburn, United States

> Phoenix Tailings: Founded to bring a new level of sustainability and efficiency to the mining industry by enabling new sources of primary metals.

Source: https://millionrounds.com/startup/phoenix-tailings (Millionrounds; every figure on the page links to its filing or article)

United States · [Advanced Materials startup](https://millionrounds.com/companies)

# Phoenix Tailings

Founded to bring a new level of sustainability and efficiency to the mining industry by enabling new sources of primary metals.

Funding reported Last round: Grant

Advanced Materials Woburn, United States

Company summary

- **Founded:** 2019 7 years old
- **Team:** 11 11 to 50 people
- **Funding reported:** $500M in dollars
- **Last round:** Grant Jun 2023

How sure we are

- ✓ **Listed** We know it exists and what it does
- 2 **Funding reported** A company dataset reports a raise
- 3 **Observed** A filing or a dated announcement confirms a round

No round for Phoenix Tailings has been confirmed by a filing or an announcement yet, so nothing here counts toward an investor's record. [How we decide](https://millionrounds.com/methodology)

## What company datasets say Phoenix Tailings raised

Funding, as reported

Reported in all **$500M** in dollars

Rounds **7**

Last round **Grant**

Last round date **Jun 2023**

Investors listed **7**

## Founders and team

From Phoenix Tailings's own website: 2 founders, 9 on the team.

**Nick Myers** Chief Executive Officer & Co-Founder

**Anthony Balladon** Chief Commercial Officer & Co-Founder

- **George Kellerman** President of APAC
- **Clement Cazalot** Chief Operations Officer
- **Leo Salgado** Chief Manufacturing Officer
- **Lynda Freshman** Chief Legal & Compliance Officer
- **Pat Kumashiro** Chief Strategy Officer
- **Patrick Portmann** Chief of Staff
- **Alex Nyarko** VP of Upstream Processing
- **Rahul Sen** VP of Technology
- **Rick Salvucci** VP of Downstream Processing

## On 12 portfolio pages

Investors who name them

- [Paipal Ventures](https://millionrounds.com/fund/paipal-ventures)
- [Standish Spring Investments](https://millionrounds.com/fund/standish-spring-investments)
- [Toba Capital](https://millionrounds.com/fund/toba-capital)
- [Geodesic Capital](https://millionrounds.com/fund/geodesic-capital)
- [PJC](https://millionrounds.com/fund/pjc)
- [BMW i Ventures](https://millionrounds.com/fund/bmw-i-ventures)
- [Presidio Ventures](https://millionrounds.com/fund/presidio-ventures)
- [EIC Rose Rock](https://millionrounds.com/fund/eic-rose-rock)
- [Coalition Ventures](https://millionrounds.com/fund/coalition-ventures)
- [Purexs Capital](https://millionrounds.com/fund/purexs-capital)
- [Black Forest Ventures](https://millionrounds.com/fund/black-forest-ventures-2)
- [Bandera Capital](https://millionrounds.com/fund/bandera-capital)

Each firm lists Phoenix Tailings on its own website. That is the firm's claim, a weaker thing than a round we watched, but a named source.

## Advanced Materials in United States

Startups like it

- [**Ascend Elements** Westborough · founded 2015](https://millionrounds.com/startup/ascend-elements)
- [**USA Rare Earth** Stillwater · founded 2019](https://millionrounds.com/startup/usa-rare-earth)
- [**RWDC Industries** Athens · founded 2015](https://millionrounds.com/startup/rwdc-industries-2)
- [**Virtual Incision** Lincoln · founded 2006](https://millionrounds.com/startup/virtual-incision-2)
- [**Princeton NuEnergy** Bordentown · founded 2019](https://millionrounds.com/startup/princeton-nuenergy)
- [**VenoStent** Houston · founded 2017](https://millionrounds.com/startup/venostent)
- [**UbiQD** Los Alamos · founded 2014](https://millionrounds.com/startup/ubiqd)
- [**Earth Renewable Technologies** founded 2009](https://millionrounds.com/startup/earth-renewable-technologies)

## Is this your company?

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