Why minerals tech matters, and why we’re backing it: The global energy transition hinges on massive new supplies of critical minerals like copper, but traditional extraction methods are environmentally and socially costly, and supply chains are increasingly fragile.
Azolla Ventures portfolio company Still Bright is addressing the problem by pioneering closed-loop reactions that enable environmentally sound and complete extraction of copper at unprecedented speeds. We are thrilled to back the company in its $18.7MM Seed round led by Material Impact and Breakthrough Energy.
Read more in Axios’s article about the growing wave of VC investment in minerals tech.