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The Metals Company

53 employees

The Metals Company was founded in 2011 as DeepGreen Metals. In 2021, in order to scale nodule collecting and onshore processing systems, we became a public company (Nasdaq: TMC). We produce critical metals from polymetallic nodules. 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 run a metallurgical process to derive key battery metals from these remarkable rocks while generating zero solid processing waste. 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.

Investor insights

Funding rounds participated in

$18M sweet spot round size

Investor type

Privately Held

Basic info

Industry

Mining

Sectors

Mining

Date founded

2011

Funding rounds raised

Total raised

$18M

from investors over 1 rounds

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The Metals Company raised $18M on December 14, 2024

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