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Banksia Minerals Processing raised $1.05 million in a Seed round led by UniQuest and IP Group to commercialize a new low-cost copper extraction process.

PRIVATEFeb 17, 2025

Amount Raised

$1.05 Million

Round Type

Seed

BrisbaneManufacturingEnergyRenewable EnergyMining

Investors

IP GroupUniQuest

Description

Banksia Minerals Processing has successfully raised $1.05 million in a Seed funding round to develop an innovative method for extracting copper from low-grade resources. The funding will support the technology's first phase of development, aimed at making copper production more energy-efficient and environmentally friendly.

Who else raised in Energy and Renewable Energy around the same time

Companies in the same sectors as Banksia Minerals Processing that raised within 45 days of this round, from Fundz verified event records.

  • BlueHeart Energy raised an undisclosed amount on April 2, 2025.
  • Aetherflux raised $50M (Series A) on April 2, 2025.
  • Avoxt raised $1.1M (Seed) on March 27, 2025.
  • Novac raised $3.8M (Seed) on March 25, 2025.
  • theion raised $16M (Series A) on March 20, 2025.
  • MPower Ventures AG raised $2.7M (Funding Round) on March 17, 2025.

Who to call at Banksia Minerals Processing, and when

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Company Information

Company

Banksia Minerals Processing

Location

Brisbane, Queensland, Australia

About

The Banksia team is on a mission to produce low energy, low cost copper supply to support the global energy transition. Our technology has the potential to unlock known reserves that are currently unviable to process.

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Banksia Minerals Processing raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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