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TechMet has raised $50K across 1 funding round.
Key people at TechMet.
TechMet was founded in 2017 by Brian Menell (CEO and Founder).
TechMet has raised $50K in total across 1 funding round.
TechMet operates as a private enterprise, developing and managing assets for the production, processing, and recycling of critical minerals. These essential ingredients underpin 21st-century technologies, particularly electric vehicles and renewable energy systems. The company strategically expands its global asset portfolio, ensuring a secure, Western-aligned supply chain for these vital resources.
Brian Menell, TechMet's Chairman and CEO, established the company in 2017. His foundational insight addressed the escalating global demand for technology metals and emerging vulnerabilities within their supply chains. Menell recognized the strategic imperative to build robust, integrated operations, meeting future industrial requirements for critical inputs.
TechMet primarily serves industries transitioning to cleaner energy and advanced technologies, requiring a stable flow of specialized minerals. The company’s overarching vision is to champion the critical minerals sector, enabling a resilient supply that powers the evolving global economy and supports widespread adoption of sustainable innovations.
TechMet has raised $50K across 1 funding round. Most recently, it raised $50K Series A in April 2019.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Apr 1, 2019 | $50K Series A | — | Dale Venture | Announced |
TechMet was founded in 2017 by Brian Menell (CEO and Founder).
TechMet has raised $50K in total across 1 funding round.
TechMet's investors include Dale Venture.
Key people at TechMet.
TechMet is a private industrial investment company founded in 2017, specializing in the production, processing, recycling, and supply chain management of critical minerals essential for electric vehicles (EVs), energy storage, and renewable energy technologies.[1][3][5] Its mission is to secure Western-aligned supply of these technology metals by backing world-class teams and assets across the value chain, with a focus on principled investments and high ESG standards.[3][5] TechMet has raised over $601M in funding, including a recent $180M round about 10 months ago, and maintains controlling or significant minority positions in global projects located in US-allied jurisdictions.[1][4] Backed by sovereign entities like the US International Development Finance Corporation (DFC), major industrials, and global investors, it emphasizes strategic support, operational governance, and physical supply chain services via TechMet SCM.[5]
TechMet was founded in 2017 in Dublin, Ireland, by Brian Menell, who serves as Chairman & CEO, leveraging his extensive experience in mining and project development.[1][3][5] Menell, alongside a team with decades of global expertise in operations, technical analysis, and finance, identified the growing supply risks for critical minerals amid the rise of clean energy technologies.[5] Early momentum came from securing backing from prominent investors and sovereigns, including the DFC, which aligned with US policy goals for supply chain security.[5] Key milestones include closing a heavily oversubscribed $120M second funding round in 2021 and expanding partnerships, such as with Mercuria in August 2025, while testifying before US congressional bodies on critical minerals.[3][4]
TechMet rides the critical minerals boom driven by the global energy transition, where demand for metals like lithium, manganese, rare earths, and others surges for EVs, batteries, and renewables, amid vulnerabilities from China-dominated supply chains.[1][3] Its timing is ideal, as geopolitical tensions and US/allied policies (e.g., Inflation Reduction Act, friend-shoring) prioritize diversified, secure sources—TechMet's assets in allied jurisdictions directly counter this.[3][5] Market forces like escalating EV adoption and battery tech advancements favor it, while its influence shapes the ecosystem by de-risking projects, boosting ESG compliance, and fostering Western supply independence through investments and public advocacy.[3][4][5]
TechMet is poised for accelerated expansion, scaling production at portfolio assets and pursuing new opportunities in high-purity processing for next-gen batteries and clean metals.[3] Trends like AI-driven energy demands, stricter ESG mandates, and US-led supply chain initiatives will propel growth, potentially via additional funding or strategic acquisitions.[1][5] Its influence may evolve into a cornerstone of allied critical minerals infrastructure, reducing tech sector vulnerabilities and enabling sustained clean energy innovation—cementing its role as a pivotal enabler in the 21st-century economy.[3]
