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Phoenix Tailings logo

Startup · United States

Phoenix Tailings

HQ Woburn, United StatesFounded 201951-200 employees

US company producing rare-earth metals at facilities in Burlington, Massachusetts, and Exeter, New Hampshire.

WebsiteLinkedIn

Funding4 rounds · ~$128M

Disclosed
~$128M
Latest
$40.2MSeries B · Feb 18, 2026
Cumulative raised$116M
Dec 31, 2024Feb 18, 2026

Totals add known amounts using recorded USD conversions where available; other currencies are shown separately. A ~ marks an estimated amount.

Government awards & programs1 award · up to $500M ceiling

Awards received1

  • OSC conditional loan commitment for rare earth metal production
    Jun 16, 2026 · Loan
    Confirmed
    Up to $500M
    Ceiling

Obligated is what has been committed so far; ceiling is the most the award can reach. Joint values cover all recipients and are excluded from this company’s money totals.

Supply chain1 input

Produces, processes or develops1

People4

Hiring observations5 listings

A sample of observed listings, not a total vacancy count. Availability may have changed since collection. Categories are inferred from job titles.

Company metrics

LinkedIn employee profiles
138
Observed Oct 5, 2026
Bright Data / LinkedIn · Source ↗
LinkedIn followers
13,740
Observed Oct 5, 2026
Bright Data / LinkedIn · Source ↗

Employee-profile counts reflect LinkedIn profiles associated with the company, not verified headcount. One observation establishes a baseline; it does not establish growth.

Sources10

Profile1

  1. 1

    LinkedIn via Bright Data · Supports Organization · company size, Organization · founded, Organization · headquarters, Organization · logo, Organization · url

    “{"company_size": "51-200 employees"}”

Funding7

  1. 2

    U.S. Securities and Exchange Commission · Mar 6, 2026 · Supports Funding round

    “Total Amount Sold $106,580,755 USD”
  2. 3

    Business Wire · Feb 19, 2026 · Supports Funding round · amount

    “Phoenix Tailings has closed a $40.2 million oversubscribed B-3 amplification round, bringing total Series B funding to $116.6 million.”
  3. 4

    Mining.com (Bloomberg News) · Feb 18, 2026 · Supports Funding round · post money valuation usd

    “raised the funds through a Series B round that values the firm at $360 million, according to chief executive officer Nick Myers”
  4. 5

    Business Wire · May 1, 2025 · Supports Funding round, Funding round · amount

    “expanded the initial $43 million Series B round, led by Envisioning Partners, to $76 million on a second close.”
  5. 6

    Reuters · Dec 31, 2024 · Supports Funding round · amount

    “Phoenix's $43 million Series B funding round, which closed on Dec. 20”
  6. 7

    U.S. Securities and Exchange Commission · Jul 28, 2021 · Supports Funding round · amount

    “Total Amount Sold $12,086,135 USD”
  7. 8

    Mining Technology · Supports Funding round

    “Led by Envisioning Partners, the Series B financing will support Phoenix Tailings”

Government1

  1. 9

    U.S. Department of War · Jun 16, 2026 · Supports Government award, Organization, Organization input

    “Office of Strategic Capital Signs $500 Million Conditional Loan Commitment With Phoenix Tailings”

People1

  1. 10

    Crunchbase via Bright Data · Supports Role · founders

    “{"founders": [{"id": "anthony-balladon-d754", "type": "person", "value": "Anthony Balladon"}, {"id": "michelle-chao-2aa6", "type": "person", "value": "Michelle Chao"}, {"id": "nicholas-myers-f11f", "type": "person", "value": "Nicholas Myers"}, {"id": "tomás-villalón", "type": "person", "value": "Tomás Villalón"}]}”

Each fact on this page is attached to the sources that support it. Archived copies are linked when we keep one.