Last deal

$1M

Amount

Venture - Series Unknown

Stage

08.08.2021

Date

1

all rounds

$1M

Total amount

General

About Company
Group 11 Technologies develops an environmentally friendly in-situ-recovery process for mineral extraction.

Industry

Sector :

Subsector :

Keywords :

Also Known As

Group 11, Grp 11

founded date

01.01.2020

Number of employees

Company Type

For Profit

Last funding type

Venture - Series Unknown

IPO status

Private

Description

The US-based company uses a non-invasive extraction technology to recover precious metals, including gold, while minimizing environmental impact such as noise, dust, and greenhouse gases. Their process offers an alternative to conventional open pit and underground mineral extraction, addressing concerns surrounding water use and discharge, energy consumption, and reclamation. Group 11 Technologies aims to advance sustainable extraction to meet the global demand for metals in daily life.
Contacts

Social url