Clean rare-earth metal producer recovering critical minerals from mining waste
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.
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.
How much has Phoenix Tailings raised?
Phoenix Tailings has raised $80M in total, most recently a Series B of $106.58M in Mar 2026.
Is Phoenix Tailings publicly traded — can you buy Phoenix Tailings stock?
No. Phoenix Tailings is a private company — its shares are not listed on any exchange and there is no ticker. The routes to exposure are pre-IPO secondary marketplaces and funds (accredited investors), employee tender offers when the company runs one, and public companies with read-through exposure. QuantLogix maps every route it can verify for Phoenix Tailings on its Pre-IPO Access Desk.
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.
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 · 7 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 uptrend
+61% vs 2026-08
Open roles
29
via lever
Product-build share
59%
engineering, research, product, design
Trajectory
expanding
product-led hiring — 59% of open roles build product; the rest are go-to-market and G&A.
No tracked executive churn; open roles trending up.
Open roles by month
Open roles by function
■ product-building ■ go-to-market / G&A
2.1. Senior Process Engineer – Hydrometallurgist4.1. Lead Manufacturing Engineer4.2. Senior Manufacturing Engineer4.3. Senior Production Engineer4.4. Manufacturing Engineer II4.5. Production Engineer II
Counted from Phoenix Tailings's live job board as of 2026-09-14; 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.