Vancouver-based pH7 Technologies has closed its Series B round at nearly $32 million USD, after securing another $6.2 million to commercialize its critical mineral extraction technology.
The company has layered on $7.5 million in venture debt from RBCx—its second facility of this kind from the bank. This gives pH7 more than $39 million in total financing to deploy as it prepares to build more critical metal recycling plants for platinum group metals—precious metals commonly used in electronics—around the world, and begin bringing its tech to mining sites, starting with copper and gold.
