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Phoenix Metals raises EUR 4 million seed round with ROM InWest backing

PUBT·09/10/2026 20:08:19
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Phoenix Metals raises EUR 4 million seed round with ROM InWest backing
  • Phoenix Metals raised a EUR 4 million seed round backed by ROM InWest.
  • InnovationQuarter participated. Mossinkoff Investments also joined the financing.
  • Funding supports a pilot plant in IJmuiden designed to process 500 tons of industrial waste into new raw materials.
  • Phoenix Metals develops low-temperature hydrometallurgical technology to recover vanadium from industrial waste, targeting European critical-material supply.
  • The company has secured more than EUR 5 million in public grants alongside the private round.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. ROM InWest BV published the original content used to generate this news brief on September 10, 2026, and is solely responsible for the information contained therein.