Momentum Technologies

Dallas, United States Founded: 2016 • Age: 10 yrs
Rare earth elements from e-waste are recovered through technology solutions.
Annual revenue $4.1M Latest available
Total funding $20.1M 2 rounds
Employees - Tracked headcount
Investors 3 Known backers
Products 1 Services tracked
Competitors 9 Brand Intelligence

About Momentum Technologies

Momentum Technologies is a company based in Dallas (United States) founded in 2016. It operates as a Green Energy-as-a-Service. Momentum Technologies has raised $20.1 million across 2 funding rounds from investors including TechMet, Freestone Ventures and Halliburton Labs. Momentum Technologies offers products and services including MSX Technology Systems. Momentum Technologies operates in a competitive market with competitors including ERI, Wisetek, Eco Recycling, PROSHRED and Regenx, among others.

  • Headquarter Dallas, United States
  • Sectors
    Environment
  • Phone
    Locked
  • Website
    Locked
  • Social
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  • Legal Name Momentum Technologies Inc Private Limited
  • Date of Incorporation 27 Apr, 2000
  • Jurisdiction New Delhi, Delhi, India
Operational Areas
Environment → Environmental Management & Pollution Control Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $4.13 M (USD)
    -8.11
    as on Mar 31, 2023
  • Net Profit
    $48.04 K (USD)
    4.09
    as on Mar 31, 2023
  • EBITDA
    $113.84 K (USD)
    44.77
    as on Mar 31, 2023
  • Total Equity Funding
    $20.1 M (USD)

    in 2 rounds

  • Latest Funding Round
    $20 M (USD), Series B

    Dec 16, 2021

  • Investors
    TechMet

    & 2 more

  • Employee Count
    Not available
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Products & Services of Momentum Technologies

Momentum Technologies offers a comprehensive portfolio of products and services, including MSX Technology Systems.

Product name locked
Category locked
Primary

Technology for recovering high-purity critical minerals efficiently.

People of Momentum Technologies

Headcount 1-10
Employee Profiles 10
Board Members and Advisors 2
Employee Profiles
People
William Grumbles
Senior Scientist
People
Mahesh Konduru
CEO
People
Preston Bryant
Chief Commercial Officer & Founder
People
Robert Miles
Chief Technology Officer & Founder

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Funding Insights of Momentum Technologies

Momentum Technologies has successfully raised a total of $20.1M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $20 million completed in December 2021. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

Investors in Momentum Technologies

Momentum Technologies has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include TechMet, Freestone Ventures and Halliburton Labs.

All
Venture Fund
Investor Description Founded Year Domain Location
Critical minerals investments are directed by TechMet across value chains.
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Engineering consulting, mechanical testing, and manufacturing setup services are provided.
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Investor details for Momentum Technologies

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Investments & Acquisitions by Momentum Technologies

Investments
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Investment portfolio details for Momentum Technologies

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Financial Statements - Momentum Technologies

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Detailed financials for Momentum Technologies

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Momentum Technologies Comparisons

Momentum Technologies Primary company
Description
Rare earth elements from e-waste are recovered through techn...
Location
Dallas, United States
Founded Year
2016
Annual Revenue
$4.13 M (USD)
Net Profit
$48.04 K (USD)
EBITDA
$113.84 K (USD)
Employees
Not available
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Peer comparison for Momentum Technologies

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Competitors of Momentum Technologies

Momentum Technologies operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as ERI, Wisetek, Eco Recycling, PROSHRED and Regenx, among others.

Company Name Domain Founded year HQ Location Description
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E-waste recycling and asset disposition services are provided globally.
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E-waste recycling and remanufacturing services are provided worldwide.
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E-waste recycling and reverse logistics services are provided.
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Secure document shredding and recycling services are provided nationwide.
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Precious metals are recovered from end-of-life materials via clean-tech solutions.
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Detailed competitors of Momentum Technologies

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Latest news on Momentum Technologies

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Complete news archive for Momentum Technologies

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Frequently Asked Questions about Momentum Technologies

Momentum Technologies was founded in 2016 and raised its 1st funding round 5 years after it was founded.

Momentum Technologies is headquartered in Dallas, United States. It is registered at Dallas, Texas, United States.

Momentum Technologies is a funded company, having raised a total of $20.1M across 2 funding rounds to date.

Annual revenue of Momentum Technologies is $4.13M as on Mar 31, 2023.

Momentum Technologies is engaged in developing and deploying MSX technology systems for the recovery of high-purity critical minerals and metals from waste, including lithium-ion battery waste. Operations are centered on providing modular and localized processing solutions to enhance supply chain resilience for energy transition minerals. The technology is designed to achieve high recovery rates and purity levels, minimizing environmental impact while offering a profitable alternative to traditional mining and processing methods. Services are extended across communities to support sustainable energy and mobility solutions.

Momentum Technologies's top competitors include ERI, Wisetek and Eco Recycling.

Momentum Technologies offers MSX Technology Systems.

Momentum Technologies has 3 investors. Key investors include TechMet, Freestone Ventures, and Halliburton Labs.

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