Alta Resource secures an additional $4.4m in seed funding to advance biochemical separation of rare earth elements, co-led by DCVC and Voyager.
May 02, 2025•8 months ago
Amount Raised
$4.4 Million
Investors
In Q TelOrion Industrial VenturesVoyagerDcvc
Description
US-based Alta Resource Technologies has secured $4.4m of additional seed investment to support the development of a platform for biochemical separation of rare earth elements. The funding was co-led by DCVC and Voyager with participation from Orion Industrial Ventures and In-Q-Tel. This investment comes at a crucial time for critical minerals supply chains dominated by China. Alta plans to use the new funding to expand its operations.
Funding Insights
Based on industry dataVC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers