CANADA – pH7 Technologies, a Vancouver, Canada-based sustainable startup, raised $16M in funding.
The round was led by TDK Ventures and Pangaea Ventures with participation from Rhapsody Ventures, Collaborative Fund, FM Capital, and BASF Venture Capital.The company intends to use the funds to advance its solutions.Founded in 2020 and led by CEO Mohammad Doostmohammadi, pH7 Technologies is developing an innovative metal extraction process that uses non-toxic organic and inorganic chemistry, as well as electrochemistry to drive extraction of metals and key minerals from ores, concentrates and end-of-life materials. This approach enables efficient metal extraction from low-grade resources or difficult substrates which are uneconomical or infeasible by current pyrometallurgy or hydrometallurgy approaches.28/03/2023
