Phoenix Tailings

• ·Phoenix Tailings’s last known valuation is $395.0M (Feb 2026).
• ·It has raised $128.7M across 2 recorded rounds; the latest was Later Stage VC ($106.6M) in Nov 2024.
• ·Notable investors include Techstars, US National Science Foundation, Mana Ventures, Gaingels, U.S. Department of Energy — 50 tracked in total.
• ·1 investment vehicle was formed to buy Phoenix Tailings shares in the last 12 months, reporting $1.9M sold to 42 investors, per SEC Form D filings.
• ·Phoenix Tailings has filed 4 Form Ds with the SEC since 2021, most recently Mar 2026 ($106.6M sold to 75 investors).
• ·Status: Privately Held (backing).

In the last 12 months, 1 investment vehicle were formed to buy Phoenix Tailings shares, reporting $1.9M sold to 42 investors. Most recent filing Feb 2026. Vehicles like these are how secondary buyers pool demand for a name; a rising count is a demand signal.

Operator of a metal refining company intended to leverage untapped value within mining and refining waste economically and sustainably. The company engages in mining and refining waste and treating them as new ore that can be used by various industries, thereby sustainably creating primary metals and eliminating hazardous environmental waste, enabling enterprises to access carbon-free environmental alternatives through new ways to mine metals from industrial waste.

Sector

Materials and Resources

HQ

Woburn, MA, United States

Founded

2019

Employees

115

Website

phoenixtailings.com/

Ownership

Privately Held (backing)