Fundraising Fox

Phoenix Tailings

Techstars '20

Boston, US · Founded 2019 · Delaware corporation · 14 known investors

phoenixtailings.com ↗

Phoenix Tailings develops clean technology for rare earth element refining in the United States. The company operates across the full value chain, from mining and recycling to separation and magnet production.

Advanced ManufacturingCleantechClimate TechEnergyFintechNew Materialsin /mvmindustrial@phoenixtailings

Founders & leadership

NMNick Myers
Nick MyersCEO & Co-Founder
TVThomas Villalón
Thomas VillalónCTO & Co-Founder
ABAnthony Balladon
Anthony BalladonChief Commercial Officer & Co-Founder
NE
Nichola EliovitsDirector
SB
Steve BolzeDirector
YH
Yong Hyun KimDirector
RG
Ramani GaneshDirector
MC
Michelle ChaoCofounder30 Under 30 2025

Investors · 14

Bantam GroupWestwood
BMW i VenturesMountain View · $10M
CoalitionCambridge
Geodesic CapitalFoster City
MPower
Olive Tree CapitalBoston
One Way VenturesNew York · $500K – $1.5M
Plum Alley InvestmentsNew York · $500K – $1.5M
Presidio VenturesSilicon Valley · $500K – $5M
TechstarsBoulder · $220K
Toba CapitalIrvine · $1M – $10M
Yamaha Motor VenturesPalo Alto · $1M – $3M
Golden Gate Ventures HanwhareportedGrand Cayman
Republic VenturesreportedNew York

Reported raises · per SEC filings

Form D private placements
▶$106.6MraisedMar 2026 · 75 investors · Other
Rule 506(b)
Officers, directors & promoters on the filing
  • Thomas VillalonExecutive Officer, Director
  • Nichola EliovitsDirector
  • Steve BolzeDirector
  • Yong Hyun KimDirector
  • Anthony BalladonExecutive Officer, Director
  • Ramani GaneshDirector
  • Nicholas William MyersExecutive Officer, Director
Offering amount
$106.6M
Amount sold
$106.6M
First sale
Nov 2024
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$12.1MraisedJul 2021 · 47 investors · Other Energy
Rule 506(b)
Officers, directors & promoters on the filing
  • Nicholas William MyersExecutive Officer, Director
Offering amount
$12.1M
Amount sold
$12.1M
First sale
Jul 2021
Incorporated
Corporation, Delaware, 2019
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

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