SI
Solcoa Industries
United States · Industrial tech · Climate tech · Defense tech
Solcoa Industries produces rare-earth metals using halide-free chemistry and modular reactors designed and operated in-house.
Modular production for rare-earth supply chains
Solcoa develops its own processing chemistry and modular reactors to produce metals used in motors, generators and other industrial applications. Its current Alameda operation produces samarium and neodymium-praseodymium metal.
The company is building Solcoa One, a Nevada plant designed for 500 tonnes of annual production. Reactor manufacturing in Alameda supports the expansion of its metal-production capacity.
Funding history
1 round · 1 with disclosed amounts| Announced | Round | Amount | Investors |
|---|---|---|---|
| Seed financing; equity, debt, and equipment financing | $75M | Bain Capital Ventures — LeadDylan Field — ParticipantFelicis — ParticipantGigascale Capital — ParticipantJ.P. Morgan — Role not disclosedLong Journey — Participant |