Tidal Metals raised $8.5 million in a Series Seed funding round led by DCVC to develop a commercial pilot plant for extracting magnesium metal from seawater.
Amount Raised
$8.5 Million
Round Type
Seed
HamiltonManufacturingMiningPrecious MetalsInvestors
Description
Tidal Metals has completed an $8.5 million Series Seed funding round led by DCVC, with participation from First Spark Ventures and Bidra Innovation Ventures. The funds will be used to develop and construct a commercial pilot plant aimed at demonstrating a breakthrough technology for extracting magnesium metal from seawater.
Quick answer
Tidal Metals raised $8.5 Million in a Seed round, dated September 19, 2024. Investors: Bidra Innovation Ventures, First Spark Ventures and Dcvc. Tidal Metals is based in Hamilton, New Jersey, United States.
- How much did Tidal Metals raise?
- Tidal Metals raised $8.5 Million in a Seed round on September 19, 2024.
- Who invested in Tidal Metals?
- Bidra Innovation Ventures, First Spark Ventures and Dcvc are named as investors in this round.
- What does Tidal Metals do?
- Tidal Metals, founded by three PhD scientists from MIT, Princeton and Wisconsin, is a deep-tech company based in New Jersey that has developed a breakthrough suite of innovations for producing critical minerals and..
- Where is Tidal Metals based and how big is it?
- Tidal Metals is based in Hamilton, New Jersey, United States.
- Who are the decision-makers at Tidal Metals?
- Fundz holds 1 contact at Tidal Metals. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Mining and Precious Metals around the same time
Companies in the same sectors as Tidal Metals that raised within 45 days of this round, from Fundz verified event records.
- Americas Gold and Silver Corporation raised $23M on October 30, 2024.
- Electra Battery Materials Corporation raised $5M (Convertible Note) on October 27, 2024.
- West Red Lake Gold Mines raised $100K (Seed) on October 24, 2024.
- Independence Gold raised $16K (Pre-Seed) on October 23, 2024.
- Luca Mining raised $735K on September 20, 2024.
- Maritime Resources raised $105K (Seed) on September 11, 2024.
Who to call at Tidal Metals, and when
A new round usually means Tidal Metals is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Tidal Metals raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Tidal Metals, from your own LinkedIn network
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Related People
Tidal Metals 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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