Fundraising FoxTusaar
Lafayette, US · Founded 2011 · Colorado corporation
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Tusaar recovers rare earth elements from mine tailings and industrial waste using a proprietary media and chemical process, aiming to build a domestic U.S. supply chain for critical materials used in electric vehicles, wind turbines, defense, and electronics. The company operates a large-scale pilot facility in Broomfield, Colorado, and targets being the first U.S. company to extract rare earths at scale from non-traditional sources.
Founders & leadership
Board
Reported raises · per SEC filings
Form D private placements$3.1M disclosed across 3 rounds · 2014–2018
▶$200KraisedOct 2018 · 3 investors · Other TechnologyRule 506(b)
- David PearceExecutive Officer, Director
- Gautam KhannaExecutive Officer, Director
- Offering amount
- $250K
- Amount sold
- $200K
- First sale
- Sep 2018
- Incorporated
- Corporation, Colorado
- Federal exemptions
- 06b
▶$806.5KraisedJun 2017 · 3 investors · Other TechnologyRule 506(b)
- David PearceDirector
- Gautam KhannaExecutive Officer, Director
- Offering amount
- $806.5K
- Amount sold
- $806.5K
- Minimum investment
- $264.4K
- First sale
- May 2017
- Incorporated
- Corporation, Colorado
- Federal exemptions
- 06b
▶$2.1MraisedJun 2016 · 11 investors · Other TechnologyRule 506(b)
- Gautam KhannaExecutive Officer, Director
- David PearceDirector
- Offering amount
- $2.1M
- Amount sold
- $2.1M
- Minimum investment
- $25K
- First sale
- Jan 2014
- Incorporated
- Corporation, Colorado, 2011
- Federal exemptions
- 06b
Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.
Related companies · 2
Companies working in the same space as Tusaar.
Non-dilutive funding · 5 SBIR/STTR awards
Federal grants — no equity taken| Agency | Phase | Year | Amount |
|---|---|---|---|
| Department of DefenseDefense Logistics Agency | Phase II | 2022 | $1.6M |
| Department of DefenseDefense Logistics Agency | Phase I | 2021 | $99.9K |
| Department of Energy | Phase II | 2010 | $998.9K |
| Department of Energy | Phase I | 2010 | $148.3K |
| National Science Foundation | Phase I | 2010 | $137.7K |
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.
Frequently asked questions
- What does Tusaar do?
- Tusaar recovers rare earth elements from mine tailings and industrial waste using a proprietary media and chemical process, aiming to build a domestic U.S. supply chain for critical materials used in electric vehicles, wind turbines, defense, and electronics. The company operates a large-scale pilot facility in Broomfield, Colorado, and targets being the first U.S. company to extract rare earths at scale from non-traditional sources.
- How much funding has Tusaar raised?
- Tusaar has disclosed $3.1M raised across 3 rounds.
- Where is Tusaar headquartered?
- Tusaar is headquartered in Lafayette, US.