Group 11 Technologies develops an in-situ-recovery process for mineral extraction to minimize environmental issues and carbon footprint.
Business Model:
Revenue: $0
Employees: 11-50
Address:
City: Durango
State: Colorado
Zip:
Country: United States
Group 11 Technologies develops an in-situ-recovery process for mineral extraction to minimize environmental issues and carbon footprint. Its process extracts precious metals, recovers the gold and other metals, and offers an alternate solution to conventional open pit and underground mineral extraction. The company&s;s goal of advancing sustainable extraction considers growing concerns surrounding water use and discharge, environmental footprint, energy consumption, and reclamation while addressing a global need for metals in people&s;s daily lives.
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Announced Date | Company | Transaction | Money Raised |
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Announced Date | Transaction | Number of Investors | Money Raised | Lead Investors | 8/2021 | Venture Round | $1M |
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