Phoenix Tailings

Woburn, United States Founded: 2019 • Age: 7 yrs
Mining waste is processed to recover minerals and metals.
Annual revenue - Latest available
Total funding $118.5M 8 rounds
Employees - Tracked headcount
Investors 7 Known backers
Products 3 Services tracked
Competitors 10 Brand Intelligence

About Phoenix Tailings

Phoenix Tailings is a company based in Woburn (United States) founded in 2019 by Nicholas Myers, Thomas Villalon, and Anthony Balladon. Phoenix Tailings has raised $118.47 million across 8 funding rounds from investors including BMW i Ventures, Envisioning Partners and Yamaha Motor Ventures. Phoenix Tailings offers products and services including Neodymium Samples, Dysprosium Ferro Alloy, and Dysprosium Samples. Phoenix Tailings operates in a competitive market with competitors including Binding Solutions, GreenIron, BacTech Environmental, EnviroMetal Technologies and Ultromex, among others.

  • Headquarter Woburn, United States
  • Founders Nicholas Myers, Thomas Villalon, Anthony Balladon
  • Sectors
    Environment
    Natural Resources
  • Phone
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  • Website
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  • Social
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Operational Areas
Environment → Environmental Management & Pollution Control Unlock Sub-Sector Unlock Segment
Natural Resources → Mining & Quarrying Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $118.47 M (USD)

    in 8 rounds

  • Latest Funding Round
    $10 M (USD), Debt – Venture

    Feb 19, 2026

  • Investors
  • Employee Count
    Not available
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Products & Services of Phoenix Tailings

Phoenix Tailings offers a comprehensive portfolio of products and services, including Neodymium Samples, Dysprosium Ferro Alloy, and Dysprosium Samples.

Product name locked
Category locked
Primary

Rare earth metal samples for industrial and tech applications.

Product name locked
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Alloy for high-tech uses in renewable energy systems.

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Samples of rare earth element for manufacturing purposes.

People of Phoenix Tailings

Headcount 10-50
Employee Profiles 31
Employee Profiles
People
Zain Nasir
Lead Process Engineer, Metallization
People
Lynda Freshman
Chief Legal And Compliance Officer
People
Rick Salvucci
REM Lead
People
Nick Myers
CEO & Co-Founder

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Funding Insights of Phoenix Tailings

Phoenix Tailings has successfully raised a total of $118.47M across 8 strategic funding rounds. The most recent funding activity was a Debt – Venture round of $10 million completed in February 2026. 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 Phoenix Tailings

Phoenix Tailings has secured backing from 7 investors, including venture fund and institutional investors. Prominent investors backing the company include BMW i Ventures, Envisioning Partners and Yamaha Motor Ventures.

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Venture Fund
Institutional
Investor Description Founded Year Domain Location
BMW i Ventures is focused on investing in automotive technology startups.
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No specific activity is described for this entity.
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Investor details for Phoenix Tailings

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Investments & Acquisitions by Phoenix Tailings

Investments
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Investment portfolio details for Phoenix Tailings

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Financial Statements - Phoenix Tailings

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Detailed financials for Phoenix Tailings

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Phoenix Tailings Comparisons

Phoenix Tailings Primary company
Description
Mining waste is processed to recover minerals and metals.
Location
Woburn, United States
Founded Year
2019
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Phoenix Tailings

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Competitors of Phoenix Tailings

Phoenix Tailings 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 Binding Solutions, GreenIron, BacTech Environmental, EnviroMetal Technologies and Ultromex, among others.

Company Name Domain Founded year HQ Location Description
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Technology for recovering metals from mining waste is provided.
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Provider of CO2-free metal production using recycled materials
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Toxic mining waste is treated using bioleaching technology solutions.
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Precious metals are recovered using non-cyanide technology solutions.
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Innovate UK grant and loan support is provided to businesses.
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Detailed competitors of Phoenix Tailings

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Latest news on Phoenix Tailings

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Complete news archive for Phoenix Tailings

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Frequently Asked Questions about Phoenix Tailings

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

Phoenix Tailings is headquartered in Woburn, United States. It is registered at Woburn, Massachusetts, United States.

Nicholas Myers is the current CEO of Phoenix Tailings. They have also founded this company.

Phoenix Tailings is a funded company, having raised a total of $118.47M across 8 funding rounds to date.

Phoenix Tailings was founded in 2019 in Woburn, United States, within the mineral recovery sector. Technologies are employed to remediate tailings ponds by extracting ores and base metals from bauxite residue. Operations focus on achieving zero waste and zero carbon emissions, which leads to lower production costs. Specific metals extracted include alumina, iron, scandium, and silica. Applications extend to sectors such as cell phones, automobiles, aircraft, and biotechnology.

Phoenix Tailings's top competitors include Binding Solutions, GreenIron and BacTech Environmental.

Phoenix Tailings offers Neodymium Samples, Dysprosium Ferro Alloy, and Dysprosium Samples.

Phoenix Tailings has 7 investors. Key investors include BMW i Ventures, Envisioning Partners, Yamaha Motor Ventures, Massachusetts Technology Collaborative, and National Science Foundation.

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