The Metals Company

The Metals Company will enable the battery-powered shift to electric vehicles with the lightest planetary touch.

General Information
Company Name
The Metals Company
Founded Year
2011
Location (Offices)
Canada +1
Founders / Decision Makers
Number of Employees
52
Industries
Energy
Funding Stage
Post Ipo Equity
Social Media

The Metals Company - Company Profile

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 Rounds & Investors of The Metals Company (6)

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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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Latest News of The Metals Company

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No recent news or press coverage available for The Metals Company.

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