Fundraising Fox

SiTration

Cambridge, US · Founded 2020 · 32 employees on LinkedIn · 8 known investors

SiTration develops silicon-based electro-extraction (SEE) and nano-filtration (SNF) technologies that recover metals and critical minerals from mining waste, leachate, and recycled material using electricity and no added chemicals. Its process serves mining, refining, and recycling operators seeking to turn tailings and wastewater into recoverable resources such as rare earth concentrates, copper, and precious metals.

CleantechDeep TechNew Materials

Founders & leadership

SiTration was founded in 2020 by Brendan Smith.

BS
Brendan SmithFounder
JG
Jeffrey GrossmanNamed on SEC filing

Board

JBJacob Bro
Jacob BroinBoard DirectorPartner and Co-Founder at 2150
MNMatthew Nordan
Matthew Nordanin𝕏Board MemberCo-Founder and General Partner at Azolla Ventures

Investors · 8

2150London
Azolla VenturesCambridge
CarbonAmsterdam · $100K
The E14 FundCambridge · $1M – $5M
Working Capital FundWashington
BHP Venturesreported
Extantia CapitalreportedBerlin · $1.1M – $5.5M
Orion Industrial VenturesreportedNew York

Reported raises · per SEC filings

Form D private placements

$18.3M disclosed across 7 rounds · 2020–2025

▶$3MraisedJul 2025 · 1 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Jacob BroDirector
  • Matthew NordanDirector
  • Jeffrey GrossmanDirector
  • Brendan SmithExecutive Officer, Director
Offering amount
$6M
Amount sold
$3M
Proceeds to insiders
$298K
First sale
Jun 2025
Incorporated
Corporation, Delaware, 2020
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$11.8MraisedJun 2024 · 7 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Jacob BroDirector
  • Jeffrey GrossmanDirector
  • Brendan SmithExecutive Officer, Director
  • Matthew NordanDirector
Offering amount
$11.8M
Amount sold
$11.8M
Proceeds to insiders
$298K
First sale
May 2024
Incorporated
Corporation, Delaware, 2020
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$800KraisedFeb 2024 · 3 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Matthew NordanDirector
  • Brendan SmithExecutive Officer, Director
  • Jeffrey GrossmanDirector
Offering amount
$812.2K
Amount sold
$800K
Proceeds to insiders
$49.6K
First sale
Jan 2024
Incorporated
Corporation, Delaware, 2020
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$2.5MraisedMar 2022 · 5 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Matthew NordanDirector
  • Brendan SmithExecutive Officer, Director
  • Jeffrey GrossmanDirector
Offering amount
$2.5M
Amount sold
$2.5M
First sale
Mar 2022
Incorporated
Corporation, Delaware, 2020
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$100KraisedAug 2021 · 1 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Brendan SmithExecutive Officer, Director
  • Jeffrey GrossmanDirector
Offering amount
$100K
Amount sold
$100K
First sale
Jan 2021
Incorporated
Corporation, Delaware, 2020
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$25KraisedApr 2021 · 1 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Jeffrey GrossmanDirector
  • Brendan SmithExecutive Officer, Director
Offering amount
$25K
Amount sold
$25K
First sale
Mar 2021
Incorporated
Corporation, Delaware, 2020
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$50KraisedNov 2020 · 1 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Brendan SmithExecutive Officer, Director
  • Jeffrey GrossmanDirector
Offering amount
$50K
Amount sold
$50K
First sale
Nov 2020
Incorporated
Corporation, Delaware, 2020
Federal exemptions
06b
Full filing on SEC EDGAR ↗

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

Non-dilutive funding · 3 SBIR/STTR awards

Federal grants — no equity taken
AgencyPhaseYearAmount
National Science FoundationPhase I2021$256K
ARPA-EPhase I2021$221.4K
ARPA-EPhase II2021$98.6K

Source: SBIR.gov award data (U.S. Small Business Administration). SBIR/STTR awards are competitive federal R&D grants and contracts — non-dilutive capital alongside any venture rounds above.

In the news

The U.S. Department of Energy provides $162 million for 9 projects to tackle the recovery of critical minerals from mining waste. - ChemNetnews.chemnet.com · Aug 2026Trump DOE Invests Millions Into Breaking China’s Grip On Rare Earth Elements - Climate Change Dispatchclimatechangedispatch.com · Aug 2026Sidley Advises Orion Resource Partners in SiTration US$11.8 Million Series Seed Financing | News | Sidley Austin LLPsidley.com · Nov 2025MIT-spinoff SiTration snags $11.8 million to recover critical metals from mining waste streamsimpactalpha.com · Jun 2024SiTration gets seed capital to scale critical minerals recovery techfinance.yahoo.com · Jun 2024SiTration Raises $11.8M in Seed Fundingfinsmes.com · Jun 2024

Frequently asked questions

What does SiTration do?
SiTration develops silicon-based electro-extraction (SEE) and nano-filtration (SNF) technologies that recover metals and critical minerals from mining waste, leachate, and recycled material using electricity and no added chemicals. Its process serves mining, refining, and recycling operators seeking to turn tailings and wastewater into recoverable resources such as rare earth concentrates, copper, and precious metals.
Who founded SiTration?
SiTration was founded by Brendan Smith in 2020.
Who are SiTration's investors?
SiTration's investors include 2150, Azolla Ventures, Carbon, The E14 Fund, Working Capital Fund, BHP Ventures, Extantia Capital, Orion Industrial Ventures.
How much funding has SiTration raised?
SiTration has disclosed $18.3M raised across 7 rounds.
Where is SiTration headquartered?
SiTration is headquartered in Cambridge, US.