TDK Ventures and Pangaea Ventures lead a $16 million investment round for pH7 Technologies, a Canadian startup pioneering sustainable metal extraction methods to support the global transition to clean energy.

Target Information

pH7 Technologies, a Canadian startup founded in 2020 and based in Vancouver, specializes in sustainable metal extraction and refining methodologies aimed at facilitating the renewable energy transition. The company has innovated a proprietary extraction process that utilizes non-toxic organic and inorganic chemistry along with electrochemistry to efficiently extract and recycle strategic metals, including platinum group metals and copper, from low-grade ores with a minimal environmental footprint.

Industry Overview in Canada

The demand for key metals and minerals is surging, fueled by the increasing global emphasis on clean energy technologies. This trend reflects a projected consumption increase of up to 500% for critical materials, including copper, platinum, and neodymium, as industries adapt to facilitate the transition to renewable energy.

However, current methods for obtaining these essential resources often present significant environmental challenges. Traditional mining and recycli