pH7 Technologies Raises $25.6M to Advance Scaling, Commercialization of Its Extraction Technology
[Click image to enlarge]
pH7 Technologies has closed on $25.6 million as part of its series B financing round. The round was led by Fine Structure Ventures, with BHP Ventures joining as a key strategic investor, alongside Energy & Environment Investment (EEI), Siteground, Gaingels Fund, and Calm Venture, with continued participation from existing investors including TDK Ventures, Pangaea Ventures, Rhapsody Venture Partners, and BASF Venture Capital.
Proceeds from the financing will advance the scaling and commercialization of pH7’s extraction technology for the mining sector, beginning with copper, as global demand for critical minerals continues to outpace supply.
pH7’s extraction technology enables operators to economically recover metals from lower-grade ores, and other feedstocks that have historically been uneconomic to process — unlocking new domestic sources of copper, nickel, and PGMs. Proceeds from the round will support commercial deployments and on-site demonstrations at mining operations globally.
“This series B funding is a major validation of our technology for the economic value it brings to miners and metal producers,” said Mohammad Doostmohammadi, CEO of pH7 Technologies.
“We are accelerating the transition from pilot to commercial deployments, enabling operators to produce copper and other critical minerals directly on-site. At a time of global scarcity, geopolitical resource competition, and growing emphasis on strengthening sovereign supply chains, our technology provides a new pathway for nations to secure resilient, domestic sources of the metals that underpin modern infrastructure and the energy transition,” added Doostmohammadi.
pH7’s proprietary extraction method, a closed-loop organo-electrochemical process, replaces traditional high-waste extraction methods with a scalable system designed to improve project economics while minimizing environmental impact. The technology integrates into familiar on-site equipment and flowsheets, reducing operational complexity while improving resource recovery. In addition to strong economic advantages, the process reduces energy consumption, and wastewater generation compared to industry norms.
“We’re excited to back pH7 as they unlock a new source of critical minerals by making extraction from previously uneconomic ores commercially viable. This breakthrough offers a scalable, economically sound, and cleaner approach to meeting the world’s growing demand for critical minerals,” said Shyam Kamadolli, managing director at Fine Structure Ventures.
“The electrochemical process developed by pH7 unlocks a significant opportunity through extraction of critical minerals from low-grade ores and tailings. This kind of leap in extraction technology could transform how critical minerals are sourced and help provide more of the critical mineral the world urgently needs,” said Laurel Buckner, VP of Ventures at BHP.
The company has already commercialized its technology at the Vancouver facility for extraction of Platinum Group Metals (PGMs) from spent catalysts. pH7 has also advanced its mining-sector technology to pilot scale, positioning the company for its next phase of commercial growth.
pH7 Technologies is a Canadian company developing next-generation critical-mineral extraction technologies for both primary and secondary resources. Through its proprietary closed-loop organo-electrochemical process, pH7 enables mining and recycling operators to economically recover metals from low-grade ores, tailings, and complex feedstocks that have historically been uneconomic or technically challenging to process. The company operates a commercial PGM extraction facility in Vancouver and is rapidly scaling its mining-sector applications, beginning with copper.
Be in-the-know when you’re on-the-go!
FREE eNews delivery service to your email twice-weekly. With a focus on lead-driven news, our news service will help you develop new business contacts on an on-going basis.
CLICK HERE to register your email address.
Copyright © 2025 Mining Connection LLC. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed without permission.
For licensing permission, .(JavaScript must be enabled to view this email address)
