# Solcoa Industries

> U.S. rare-earth metal producer using modular electrochemical reactors.

## Why it is interesting

The company is attempting to fill a strategic U.S. supply-chain gap: converting separated rare-earth oxides into metal used in permanent magnets for vehicles, generators and defense systems.

## Profile

- **Latest funding:** Not publicly disclosed
- **Latest known valuation:** Undisclosed (September 24, 2026)
- **Total disclosed equity funding:** Not publicly disclosed
- **Stage:** seed
- **Status:** private
- **Industries:** deep-tech, hardware-semiconductors, defense-tech
- **Coverage:** full
- **Last updated:** 2026-09-27

## Key facts

- Announced $75M in financing on September 24, 2026: $45M equity and $30M debt/equipment financing.
- Plans a 500-tonne-per-year Nevada metalmaking plant called Solcoa One.
- Says its Alameda operation produces NdPr and samarium metal at a 10-tonne annualized rate.

## Funding history

- Equity plus debt and equipment financing · $75M total: $45M equity and $30M debt/equipment financing · September 24, 2026
  Source: https://www.businesswire.com/news/home/20260924752270/en/

## Investors in our directory

- https://venturecapitaltracker.com/fund/bain-capital-ventures
- https://venturecapitaltracker.com/fund/gigascale-capital
- https://venturecapitaltracker.com/fund/long-journey-ventures
- https://venturecapitaltracker.com/fund/felicis

## Related articles

- https://venturecapitaltracker.com/2026-solcoa-45m-equity-30m-debt-rare-earth-metals

**By:** [Venture Capital Tracker](https://venturecapitaltracker.com/editorial-policy)
**Last updated:** September 27, 2026

**Editorial note:** AI tools assisted with research, structure, or drafting. Venture Capital Tracker retains human editorial responsibility for factual accuracy, relevance, and source quality before publication.

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Source: https://venturecapitaltracker.com/startup/solcoa-industries