Pace Ventures has invested in ChemFinity Technologies, which is developing innovative technologies for sustainable extraction and refining of critical minerals, targeting a market with high growth potential.

Target Information: ChemFinity Technologies

ChemFinity Technologies is an innovative company dedicated to securing a sustainable and domestic supply of critical minerals. The firm has developed a groundbreaking platform employing advanced sorbent technology that selectively extracts metals with unprecedented precision from complex liquid streams. This approach not only enhances the efficiency of metal recovery but also significantly reduces environmental impact, making it a key player in the transition towards a circular economy.

With a robust intellectual property portfolio protected by seven patents, ChemFinity's technology is positioned to address the critical minerals sector's inefficiencies and high carbon emissions prevalent in traditional mining practices. The focus on Platinum Group Metals (PGMs) represents a strategic choice, targeting a market with high margins and significant potential for innovation.

Industry Overview: Critical Minerals in the United States

The critical minerals sector is critical to the ongoing shift towards electrification and clean energy in the United States. Currently, approximately 80% of the country's critical minerals are imported, primarily from China, which dominates around tw