Fine Structure Ventures led a $25.6m Series B round in pH7 Technologies.

Fine Structure Ventures, a venture capital firm focused on deep science and advanced technology, led a $25.6m Series B round in pH7 Technologies, a developer of closed‑loop organo‑electrochemical processes for critical mineral recovery, with participation from BHP Ventures, Energy & Environment Investment, Siteground, Gaingels Fund, Calm Venture, and existing investors TDK Ventures, Pangaea Ventures, Rhapsody Venture Partners, and BASF Venture Capital. "This Series B funding is a major validation of our technology for the economic value it brings to miners and metal producers. 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," Mohammad Doostmohammadi, pH7 Technologies CEO.