The Metals Company was founded in 2021 through the merger of DeepGreen and the Sustainable Opportunities Acquisition Corporation, to scale nodule collecting and onshore processing systems. We produce metals from polymetallic rocks to power electric vehicles. For over a decade, we’ve been exploring the planet’s largest known deposit of battery-grade metals: nodules on the seafloor of the Clarion Clipperton Zone in the Pacific Ocean. During this time, our onshore team has developed and successfully deployed a metallurgical system to derive key battery-grade metals from these remarkable rocks while generating zero solid processing waste. Our team is made up of scientists, environmentalists, engineers, architects, and business leaders who see the climate crisis as the biggest challenge of our time. Electric vehicles and renewable energy are a key part of the solution, but scaling these technologies will require hundreds of millions of tons of new metals. Polymetallic nodules represent the cleanest source of battery grade metals on the planet and the best path forward.
Funding Stage | Amount | No. Investors | Investors | Date |
---|---|---|---|---|
Post-IPO Equity | $30.30M | - | 26 Aug 2022 | |
Post-IPO Equity | $110.30M | 3 | Glencore, Allseas Group | 10 Sep 2021 |
Private Equity Round | $150.00M | 2 | Macquarie Capital, Fearnley Securities | 11 Jun 2019 |
Venture Round | $1.90M | - | 27 Nov 2018 | |
Venture Round | $1.85M | - | 14 Dec 2017 |
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