When was Phoenix Tailings founded?

Phoenix Tailings was founded in 2019 and raised its 1st funding round 1 year after it was founded.

Where is Phoenix Tailings located?

Phoenix Tailings is headquartered in Woburn, United States.

Who is the current CEO of Phoenix Tailings?

Nicholas Myers of Phoenix Tailings. They have also founded 1 company and are an angel investors in 1 startup.

How many employees does Phoenix Tailings have?

As of Jun 30, 2026, the latest employee count at Phoenix Tailings is 135.

Is Phoenix Tailings a funded company?

Phoenix Tailings is a funded company, having raised a total of $149M across 9 funding rounds to date. The company's 1st funding round was a $***** Grant (prize money) round, raised on May 15, 2020.

How much is Phoenix Tailings worth?

The latest valuation of Phoenix Tailings is $***** as of Feb 18, 2026.

When was the latest funding round of Phoenix Tailings?

Phoenix Tailings' latest funding was a $***** Venture Debt round on Feb 19, 2026, with participation from 1 investor.

Where does Phoenix Tailings rank among its competitors?

Phoenix Tailings ranks 1st amongst 24 active competitors, of which 9 are funded. It stands 1st in terms of total funding among its competitors. The most recent competitor to raise funding was Disa Tech, which secured $33M in Apr, 2026.

Who are the top competitors of Phoenix Tailings?

Phoenix Tailings' top competitors include GreenIron, Binding Solutions and Seloxium. Among them, Disa Tech secured the most recent funding round in April, 2026.

Phoenix Tailings - 2026 Company Profile, Team, Funding & Competitors

Company Details

Online mineral recovery from mining waste platform. It has developed technologies to remediate tailings ponds by extracting new ores and basic metals from bauxite residue. It is on a mission for zero waste and zero carbon emission resulting in reducing production costs. It eradicates metals such as alumina, iron, scandium, silica, and more. The offering sectors include cell phones, autos, aircraft, biotechnology, and more.

Website: phoenixtailings.com
Social

Key Metrics

Founded Year

2019

Location

Woburn, United States

Stage

Series B

Total Funding

$149M in 9 rounds

Latest Funding Round

Venture Debt, Feb 19, 2026, $*****

Post Money Valuation

$***** as on Feb 18, 2026

Investors

Toba Capital & 22 more

Ranked

1^st among 24 active competitors

Employee Count

135 as on Jun 30, 2026

Investment & Acquisitions

Machinery Partner

Similar Companies

GreenIron & 16 more

View Phoenix Tailings' full profile

Phoenix Tailings has raised a total funding of $149M over 9 rounds. Its first funding round was on May 15, 2020. Its latest funding round was a Venture Debt round on Feb 19, 2026 for $*****. 1 investor participated in its latest round. Phoenix Tailings has 23 institutional investors.

Here is the list of recent funding rounds of Phoenix Tailings:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Feb 19, 2026	9117941	Venture Debt	4895580	5155347	8516831	8659127
Feb 18, 2026	4176787	Series B	5318881	8420284	7589119	Traxys & 5 more
May 22, 2025	2097094	Grant (prize money)	9791661	3529518	3414552	OSTI

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View details of Phoenix Tailings's funding rounds and investors

The founders of Phoenix Tailings are Nicholas Myers, Anthony Balladon and Thomas Villalon. Nicholas Myers is the CEO of Phoenix Tailings.

Here are the details of Phoenix Tailings' key team members:

Nicholas Myers: Co-Founder & CEO of Phoenix Tailings. They are also an angel investor in 1 startup.
Contact Info: 1 email address
Anthony Balladon: Co-Founder & Chief Commercial Officer of Phoenix Tailings.
Contact Info: 1 email address
Thomas Villalon: Co-Founder & CTO of Phoenix Tailings.
Contact Info: 1 email address

View details of Phoenix Tailings's Founder profiles and Board Members

Phoenix Tailings' employee count trend

Phoenix Tailings has 135 employees as of Jun 26. Here is Phoenix Tailings's employee count trend over the years:

Employee count trend for Phoenix Tailings

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Top competitors of Phoenix Tailings include GreenIron, Binding Solutions and Seloxium. Here is the list of Top 10 competitors of Phoenix Tailings, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Phoenix Tailings 2019, Woburn (United States), Series B	Online mineral recovery from mining waste platform	$149M	BMW i Ventures, Nomura & 21 others	64/100
2nd	GreenIron 2018, Stockholm (Sweden), Series A	Provider of CO2-free metal production using recycled materials	$5.51M	Almi Invest, FAM	50/100
3rd	Binding Solutions 2016, Middlesbrough (United Kingdom), Series B	Provider of technology for recovering metals from mining waste	$26.8M	Mineral Resources, Lipski 2020 Revocable Living Trust ... & 21 others	48/100
4th	Seloxium 2022, Kidlington (United Kingdom), Seed	Provider of materials and services for metal recovery from industrial waste	$7.79M	Oxford Science Enterprises, MKS PAMP & 1 others	48/100
5th	BacTech Environmental 2010, Toronto (Canada), Public	Provider of technology to treat toxic waste from mining operations	-	Ontario Centre of Innovation	47/100
6th	PH7Technologies 2021, Vancouver (Canada), Series B	Provider of metal extraction and recycling services for critical and precious metals	$47.8M	Fine Structure Ventures, BASF & 11 others	44/100
7th	CVW CleanTech 2003, Calgary (Canada), Public	Developer of clean technology royalties and waste conversion deployment	-	CRIN	42/100
8th	Innovation Mining 2012, North Vancouver (Canada), Seed	Gold mining company focused on near-term production from advanced resources	$425K	-	39/100
9th	Lain Tech 2006, Madrid (Spain), Funding Raised	Technology company that develops electrochemical solutions for the extraction of metals	-	Europa	38/100
10th	Disa Tech 2018, Casper (United States), Series B	Developer of high pressure slurry ablation technology for mineral recovery	$83M	BHP, Evok Innovations & 5 others	36/100