Solcoa Industries has raised $45.0M from Bain Capital Ventures, the company confirmed, in a round that hands the rare earth metals maker fresh capital as demand for the materials underpinning electric motors, generators, and speakers keeps climbing.
The company says its chemistry produces those metals faster, cleaner, and cheaper than conventional routes - a pitch aimed at a sector long dogged by costly, environmentally messy processing. The round type was not disclosed.
















