What does Alta Resource Technologies do?
Alta Resource Technologies leverages customizable proteins and protein engineering innovations to separate rare earth elements and essential minerals from unconventional sources such as mine tailings, waste streams, and end-of-life products.
How much did they raise?
The Seed round, extended with an additional $4.4M investment alongside existing funds to total $10M, was co-led by DCVC and Voyager Ventures with participation from Orion Industrial Ventures and In-Q-Tel.
What are their plans for the money?
The company intends to use the funds to expand its technical team, advance commercial pilots, and scale its technology across a broader range of metal targets and feedstocks, potentially reducing the environmental impact of mining while unlocking access to vital resources.
What have they achieved so far?
Alta Resource Technologies has built its platform on protein engineering innovations developed in partnership with Lawrence Livermore National Laboratory and researchers at Pennsylvania State University, and it has also secured grant support from federal partners and the State of Colorado.
