Skip to content
DefDex
Impossible Metals logo

Startup · United States

Impossible Metals

HQ San JoseFounded 202011-50 employees

Modern life depends on critical materials. They are becoming harder to source. How we collect them matters. Demand is accelerating Electrification, infrastructure, and data systems require large volumes of critical minerals.

Startup
Website
Total raised
$12.0M
2 rounds
Last round
$2.0M
Pre-Seed · 2021
Systems
3

Funding2 rounds · $12.0M

Equity raised
$12.0M
Latest
$2.0MPre-Seed · 2021
  • Pre-Seed
    Confirmed
    $2.0M
    2021
  • Seed
    Confirmed
    $10.0M
    2022

Raised counts equity rounds; debt, secondary sales and grants are totaled separately. Amounts in other currencies are converted at the announcement month's average rate. A ~ marks an estimated or converted amount.

Systems3

Eureka I

An autonomous underwater vehicle (AUV) that performed a proof‑of‑concept trial for selective nodule harvesting.

Maturity not rated

Eureka II

A second‑generation autonomous underwater vehicle used for deep‑water testing of the collection system.

Maturity not rated

Eureka III Mk1

An autonomous underwater vehicle design for the company’s mineral-harvesting system.

Maturity not rated

Newest unveiled first. Open a system for its milestone timeline, components and sources.

People2

All 2 people →
  • Oliver Gunasekara

    co-founder and CEO

  • Oliver Gunasekara Before

    CEO

Sources7

Profile3

  1. 1
    DatabaseImpossible Metals - PitchBook company profile

    PitchBook · Supports Organization · employee range, Organization · founded year, Organization · x url

    “employee_range: 11-50 (profile: 20)”
  2. 2
    DatabaseSixth-Domain public startups directory

    Sixth-Domain · Supports Organization · country, Organization · kind

    “{"country": "USA", "hq_iso2": "US", "id": "a7ae6364-41e8-4c66-bd5e-98e127905661"}”
  3. 3
    DatabaseImpossible Metals - LinkedIn company profile

    LinkedIn · Supports Organization · employee range, Organization · founded year, Organization · hq city

    “employee_range: 11-50 (profile: 11-50 employees)”

Systems1

  1. 4
    CompanyEureka Collection System

    Impossible Metals · Supports System

    “Our first autonomous underwater vehicle (AUV) called Eureka I successfully completed its [Proof of Concept trial](https://impossiblemetals.com/blog/eureka-impossible-metals-reveals-successful-proof-of-concept-for-sustainable-seabed-mining-of-critical-minerals/) by selectively harvesting rocks in an underwater environment in December 2022”

Funding1

  1. 5
    CompanyHow much seed funding has Impossible Metals raised to date?

    Impossible Metals · Jul 26, 2024 · Supports Funding round · amount, Organization · ownership

    “We closed our seed round in May 2022 of $10M and pre-seed round of $2M in September 2021.”

People2

  1. 6
    NewsMember profile: Oliver Gunasekara, Impossible Metals

    gbxglobal.org · Supports Role

    “Mining and environmental preservation have traditionally been at odds with each other, but Oliver Gunasekara, co-founder and CEO of Impossible Metals is changing that.”
  2. 7
    CompanyImpossible Metals – Seabed Mining without Destroying the Habitat

    Impossible Metals · Supports Organization · description, Organization · linkedin url, Organization · name, Organization · website, Role

    “Modern life depends on critical materials. They are becoming harder to source. How we collect them matters. Demand is accelerating Electrification, infrastructure, and data systems require large volumes of critical minerals.”

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