Element Zero Raises US$10M Seed Funding Led by Playground Global to Scale up Green Materials Platform, Decarbonize Iron and Other Critical Metals Production
Element Zero , a green materials platform company, announced today that it has raised US$10 million in seed funding led by Playground Global .
- Element Zero , a green materials platform company, announced today that it has raised US$10 million in seed funding led by Playground Global .
- Element Zero will use the funding to grow R&D, engineering, and project development teams and scale the development of a pilot iron plant.
- This non-aqueous electrochemical process allows Element Zero to process the full spectrum of iron ores; this includes the core 95% of Australian and Brazilian global trade in iron ore.
- As the price of high-grade iron ore continues to rise, Element Zero will be able to process low-grade iron ore, which is widely accessible.