Also known as: Impossible Mining
Underwater robotic vehicles that collect battery metals responsibly
Company is active
Event Year: 2022
Company is active
Event Year: 2022
Impossible Metals is dedicated to the responsible sourcing of battery metals through the development of advanced underwater robotic vehicles. These vehicles are designed to collect critical metals from the seabed with minimal environmental impact. The company has secured over $500 million in off-take Letters of Intent (LoIs) and established a partnership with a leading global offshore logistics firm possessing a seabed mining exploration permit. Furthermore, Impossible Metals has successfully constructed a proof-of-concept underwater robotic arm, demonstrating the feasibility of their innovative approach.
The company focuses on polymetallic nodules, which are rocks abundant in essential battery metals such as nickel, cobalt, manganese, and copper. These metals are vital components in electric vehicles (EVs) and represent a significant portion of their overall cost. Impossible Metals aims to provide a sustainable and environmentally conscious solution for meeting the growing demand for these critical resources.
Impossible Metals is dedicated to the responsible sourcing of battery metals through the development of advanced underwater robotic vehicles. These vehicles are designed to collect critical metals from the seabed with minimal environmental impact. The company has secured over $500 million in off-take Letters of Intent (LoIs) and established a partnership with a leading global offshore logistics firm possessing a seabed mining exploration permit. Furthermore, Impossible Metals has successfully constructed a proof-of-concept underwater robotic arm, demonstrating the feasibility of their innovative approach.
The company focuses on polymetallic nodules, which are rocks abundant in essential battery metals such as nickel, cobalt, manganese, and copper. These metals are vital components in electric vehicles (EVs) and represent a significant portion of their overall cost. Impossible Metals aims to provide a sustainable and environmentally conscious solution for meeting the growing demand for these critical resources.
Total Raised: Unknown (Y Combinator backed)
Last Round: Winter 2022
Total Raised: Unknown (Y Combinator backed)
Last Round: Winter 2022
Industrials
Industrials
Industrials -> Climate
Industrials -> Climate
Team size: 20
Hiring: No
Team size: 20
Hiring: No