Phoenix Tailings: Funding, Investors & Team (Oct 2026)
Phoenix Tailings is a metals-refining company that transforms mining waste (“tailings”) into usable rare earth and critical metals through a proprietary zero-waste, low-emission process. The company operates domestic refining and metallization facilities that accept raw materials, including mine tailings, recycled products, and other unconventional inputs, and deliver finished metals like neodymium-praseodymium, dysprosium, and terbium. Phoenix Tailings offers an end-to-end supply-chain service, from waste or scrap feedstocks to refined metals and alloys suitable for sectors such as automotive, medical devices, electronics, and defense manufacturing. The company also pursues research-driven extraction technologies, including novel methods to recover critical minerals from wastewater, to diversify its feedstock base and support a circular supply-chain model.
Phoenix Tailings has raised $530M across 3 funding rounds on record, the most recent an undisclosed round of $500M announced in Jun 2026.
That round is above the $5.2M median round size for Manufacturing companies tracked on FundedIQ over the last two years.
Phoenix Tailings Company Profile and Key Stats
Latest funding round on record: Jun 2026.
Phoenix Tailings Funding Rounds
1 of 3 rounds was announced without a disclosed amount and is excluded from the total.
Phoenix Tailings announced a Series B in Dec 2025; the amount was not disclosed.
2 months later, a Series B of $30.2M was announced in Feb 2026.
4 months later, an undisclosed round of $500M was announced in Jun 2026.
Phoenix Tailings Founders and Leadership Team
Contact details for the Phoenix Tailings team: 1 of 2 have an email address on file.
Start 14-day free trial →Phoenix Tailings Funding Compared to Other Manufacturing Startups
Phoenix Tailings' latest round of $500M is above the median round in Manufacturing. Medians cover the last 24 months of disclosed rounds.
Funded Startups Like Phoenix Tailings in Manufacturing and Woburn
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Phoenix Tailings Funding FAQs
What does Phoenix Tailings do?
Phoenix Tailings is a metals-refining company that transforms mining waste (“tailings”) into usable rare earth and critical metals through a proprietary zero-waste, low-emission process. The company operates domestic refining and metallization facilities that accept raw materials, including mine tailings, recycled products, and other unconventional inputs, and deliver finished metals like neodymium-praseodymium, dysprosium, and terbium. Phoenix Tailings offers an end-to-end supply-chain service, from waste or scrap feedstocks to refined metals and alloys suitable for sectors such as automotive, medical devices, electronics, and defense manufacturing. The company also pursues research-driven extraction technologies, including novel methods to recover critical minerals from wastewater, to diversify its feedstock base and support a circular supply-chain model.
How much funding has Phoenix Tailings raised?
Phoenix Tailings has raised $530M across 3 rounds on record. The most recent is an undisclosed round of $500M announced in Jun 2026.
When did Phoenix Tailings last raise funding?
Phoenix Tailings' most recent funding round on record is an undisclosed round of $500M, announced in Jun 2026.
Who founded Phoenix Tailings?
FundedIQ lists Anthony Balladon (Founder), Nicholas Myers (Founder) at Phoenix Tailings.
Where is Phoenix Tailings headquartered?
Phoenix Tailings is based in Woburn, Massachusetts, United States.
How many employees does Phoenix Tailings have?
Phoenix Tailings is in the 101-250 employee band.
How does Phoenix Tailings' funding compare to other Manufacturing startups?
Phoenix Tailings' latest round of $500M is above the $5.2M median round size for Manufacturing companies on FundedIQ across 1,061 tracked companies over the last two years.
About FundedIQ's Phoenix Tailings Funding Data
FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.
Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Phoenix Tailings is left off this page rather than filled in.
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