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MP Materials raises $650M in equity to enhance U.S. rare earth dominance with a significant investment from the U.S. Department of Defense.

PUBLIC · MPJul 17, 2025

Amount Raised

$650 Million

Round Type

Venture

Las VegasManufacturingEnergyMining

Investors

U.S. Department Of Defense

Description

MP Materials has successfully raised $650 million in equity, along with a $400 million investment from the U.S. Department of Defense. This move marks a strategic initiative to reclaim U.S. control over its rare earth supply chain

Quick answer

MP Materials raised $650 Million in a funding round, dated July 17, 2025. Investors: U.S. Department Of Defense. MP Materials is based in Las Vegas, Nevada, United States.

How much did MP Materials raise?
MP Materials raised $650 Million in a funding round on July 17, 2025.
Who invested in MP Materials?
U.S. Department Of Defense is named as investors in this round.
What does MP Materials do?
MP Materials produces specialty materials that are vital inputs for electrification and other advanced technologies.
Where is MP Materials based and how big is it?
MP Materials is based in Las Vegas, Nevada, United States. Fundz records about 810 employees.
Who are the decision-makers at MP Materials?
Fundz holds 1 contact at MP Materials. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Energy and Mining around the same time

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

  • RenewCO2 raised $5M (Seed) on August 29, 2025.
  • Headwater Gold raised $443K (Seed) on August 28, 2025.
  • Fusion Fuel Cycles raised $20M (Funding Round) on August 26, 2025.
  • OSW raised $5.5M (Funding Round) on August 21, 2025.
  • Aalo raised $100M (Series B) on August 19, 2025.
  • Noble Plains Uranium raised $109K (Pre-Seed) on August 13, 2025.

Who to call at MP Materials, and when

A new round usually means MP Materials is about to hire and buy. The teams that reach out first get the meeting.

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Company Information

Company

MP Materials

Location

Las Vegas, Nevada, United States

About

MP Materials produces specialty materials that are vital inputs for electrification and other advanced technologies. Their Mountain Pass facility is America's only scaled rare earth production source. The company is currently expanding its manufacturing operations to provide a full supply chain solution from materials to magnetics. MP Materials is addressing the critical need for a domestic rare earth magnet supply chain in the United States.

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MP Materials 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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