Assembly Line

⛏️ Ceibo Raises $30 million to Scale Advanced Copper Extraction Technology

📅 Date:

🔖 Topics: Funding Event

🏢 Organizations: Ceibo, Energy Impact Partners

Ceibo, an advanced copper extraction technology company, today announced it has raised a $30 million Series B financing. The round was led by Energy Impact Partners, with participation from a syndicate of new mining-focused investors including CoTec Holdings, Audley, Orion Resources, Unearth and Pincus Green along with existing investors Khosla Ventures and Aurus Ventures. The funding round will enable Ceibo to accelerate the scale-up of its proprietary technology, drive several on-site trials and prove the technology’s value and versatility at scale.

Read more at Business Wire