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Momentum Technologies - About the company

Momentum Technologies is a series B company based in Dallas (United States), founded in 2016. It operates as a Technology solution to recover rare earth elements from e-waste. Momentum Technologies has raised $20.1M in funding from investors like TechMet, Halliburton Labs and Freestone Ventures. The company has 786 active competitors, including 28 funded and 52 that have exited. Its top competitors include companies like Namo eWaste Management, ERI and Close The Loop.

Company Details

Registered Address
B-21MOTI NAGAR, NEW DELHI, Delhi, India, 110015
Key Metrics
Founded Year
2016
Location
Dallas, United States
Stage
Series B
Total Funding
$20.1M in 2 rounds
Latest Funding Round
Investors
Ranked
Employee Count
21 as on Jun 30, 2026
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Momentum Technologies's funding and investors

Momentum Technologies has raised a total funding of $20.1M over 2 rounds. Its first funding round was on Feb 09, 2021. Its latest funding round was a Series B round on Dec 16, 2021 for $*****. 2 investors participated in its latest round. Momentum Technologies has 3 institutional investors.

Here is the list of recent funding rounds of Momentum Technologies:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Dec 16, 2021
3874492
Series B
5372990
9442104
2561869
4737280
Feb 09, 2021
1616647
Seed
5349514
2292353
3409335
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Momentum Technologies' founders and board of directors

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Momentum Technologies' employee count trend

Momentum Technologies has 21 employees as of Jun 26. Here is Momentum Technologies's employee count trend over the years:
Employee count trend for Momentum Technologies
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Momentum Technologies's Competitors and alternates

Top competitors of Momentum Technologies include Namo eWaste Management, ERI and Close The Loop. Here is the list of Top 10 competitors of Momentum Technologies, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Momentum Technologies
Momentum Technologies
2016, Dallas (United States), Series B
Technology solution to recover rare earth elements from e-waste
$20.1M
53/100
2nd
Logo for Namo eWaste Management
Namo eWaste Management
2014, Faridabad (India), Public
Provider of electronic waste recycling services
-
-
53/100
3rd
Logo for ERI
ERI
2003, Fresno (United States), Funding Raised
Provider of E-waste recycling and asset disposition services
-
51/100
4th
Logo for Close The Loop
Close The Loop
2001, Melbourne (Australia), Public
Provider of recycling services
-
46/100
5th
Logo for Eco Recycling
Eco Recycling
1994, Mumbai (India), Public
Provider of recycling and reverses logistics services
-
-
44/100
6th
Logo for Exigo Recycling
Exigo Recycling
2012, Gurugram (India), Unfunded
Provider of recycling and resource recovery solutions for diverse waste streams
-
-
43/100
7th
Logo for Sims Recycling Solutions
Sims Recycling Solutions
1953, Stratford upon avon (United Kingdom), Unfunded
Provider of electronic waste management services
-
-
43/100
8th
Logo for ITRenew
ITRenew
2000, Newark (United States), Acquired
Provider of IT asset disposal and recovery solutions
-
-
43/100
9th
Logo for Sircel
Sircel
2018, Sydney (Australia), Series A
Focused on e-waste solutions and recycling
$5M
42/100
10th
Logo for Cascade Asset Management
Cascade Asset Management
1999, Madison (United States), Acquired
IT asset disposition company
-
-
42/100
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Momentum Technologies's Investments and acquisitions

Momentum Technologies has made no investments or acquisitions yet.

Reports related to Momentum Technologies

Here is the latest report on Momentum Technologies's sector:

News related to Momentum Technologies

lockFilter this list
Media has covered Momentum Technologies for a total of 5 events in the last 1 year, 3 of them have been about company updates and 1 about partnerships.
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•
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Momentum Technologies CEO Testifies Before Congress on Critical MineralsBatteriesnews•Dec 04, 2025•Momentum Technologies
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Momentum Technologies Delivers Commercial-Grade Battery Materials at ScaleBatteriesnews•Sep 30, 2025•Momentum Technologies
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Momentum Technologies Unveils New HeadquartersMiningstockeducation•Oct 23, 2024•Momentum Technologies
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Dallas startup lands $20M to build electronic waste recycling facilitiesThe Business Journals•Dec 16, 2021•Momentum Technologies
•
Halliburton Labs Announces First Corporate GroupBusiness Wire•Feb 10, 2021•Halliburton Labs, Enexor, Momentum Technologies, OCO
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