SiTration raised $11.8M in Seed funding led by 2150 with participation from BHP Ventures, Extantia, and Orion Industrial Ventures.
Amount Raised
$11.8 Million
Round Type
Seed
CambridgeInformation TechnologyMiningInvestors
Description
SiTration, a spin-out of MIT, intends to use the funds to scale its novel solution for the recovery of critical metals and minerals and to deploy pilot systems with commercial partners.
Quick answer
SiTration raised $11.8 Million in a Seed round, dated June 5, 2024. Investors: Mit Affiliated E14 Fund, Azolla Ventures, Orion Industrial Ventures, Extantia, Bhp Ventures and 2150. SiTration is based in Cambridge, Massachusetts, United States.
- How much did SiTration raise?
- SiTration raised $11.8 Million in a Seed round on June 5, 2024.
- Who invested in SiTration?
- Mit Affiliated E14 Fund, Azolla Ventures, Orion Industrial Ventures, Extantia, Bhp Ventures and 2150 are named as investors in this round.
- What does SiTration do?
- SiTration’s electrified silicon technology enables ultra-efficient extraction of numerous high-value critical minerals in mining, refining, and recycling.
- Where is SiTration based and how big is it?
- SiTration is based in Cambridge, Massachusetts, United States. Fundz records about 26 employees.
- Who are the decision-makers at SiTration?
- Fundz holds 1 contact at SiTration, including the Executive Officer, Director. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Mining around the same time
Companies in the same sectors as SiTration that raised within 45 days of this round, from Fundz verified event records.
- Southern Silver Exploration raised $126K on July 19, 2024.
- Cantex Mine Development raised $73K on July 17, 2024.
- Lomiko Metals raised $8K on July 16, 2024.
- Point Laz raised $1.2M (Pre-Seed) on July 10, 2024.
- Viva Gold raised $201K on July 9, 2024.
- Forte Minerals raised $12K on July 9, 2024.
Who to call at SiTration, and when
A new round usually means SiTration is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day SiTration raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at SiTration, from your own LinkedIn network
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Fundz sees it the moment SiTration raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Related People
SiTration 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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