Clean rare-earth metal producer recovering critical minerals from mining waste
Industrial📍 Woburn, MAFounded 2019
Current Valuation
$250M
as of 2024-Q3
PRIVATE
IPO Outlookprivate
Is Phoenix Tailings going public?
No. Phoenix Tailings has no imminent IPO plans on record. It is still private.
What is Phoenix Tailings' valuation in 2026?
Phoenix Tailings is valued at $250M as of 2024-Q3, set by its Series B ($106.58M, Mar 2026). That is the last confirmed mark, not a live price — private shares do not trade continuously.
Has Phoenix Tailings filed an S-1?
No public S-1 is on file for Phoenix Tailings.
Who are Phoenix Tailings' investors?
Phoenix Tailings' investors include ArcelorMittal, BHP Ventures, Yamaha Motor Ventures, Envisioning Partners, Escape Velocity.
Answers are derived from the roster record shown on this page — filing status, last round and confirmed marks. Where the record is silent, the answer says so rather than guessing.
Phoenix Tailings extracts rare-earth elements (neodymium, dysprosium) and other critical minerals from mining and industrial waste streams using a proprietary low-emissions process. Strategic relevance to US rare-earth supply chain reshoring. Operating a pilot plant in New Hampshire and scaling to commercial volume.
Company Profile
CEO
Nick Myers
Founded
2019
HQ
Woburn, MA
Employees
~100
Total Raised
$80M
Last Round
Series B — $106.58M (Mar 2026) · Lead: ArcelorMittal
IPO Status
no imminent plans
Fundraising Status
Series B · $106.58M · 5 mo ago
no imminent plansTotal raised $80M
Latest Funding Round
Round
Amount
Date
Lead Investor
Post-Money
Series B
$106.58M
Mar 2026
ArcelorMittal
—
Talent Signal
Hiring trend
▶ Hiring steady
28% of roles posted in last 30d
Open roles
18
via lever
Product-build share
44%
engineering, research, product, design
Trajectory
steady
balanced build + GTM — 44% builders vs 56% go-to-market/G&A — scaling both sides.
Actively hiring with no tracked executive churn.
Open roles by month
Open roles by function
■ product-building ■ go-to-market / G&A
2.1 Senior Process Engineer – Hydrometallurgist4.3. Production Engineer I5.1. Grant Program Manager7.1. Senior Electrical Engineer7.2. Controls Engineer II7.3. Mechanical Engineer II
Counted from Phoenix Tailings's live job board as of 2026-08-17; role functions classified from posting titles. Open-role counts are an activity signal, not headcount. Refreshed monthly.
Founders & Key People
Nick MyersAnthony BalladonMichelle ChaoTomás Villalón
Private-company numbers are not real-time. Reflects publicly disclosed valuations from press releases, news reports, and tender offers as of 2024-Q3. Refreshed quarterly.