Alta Resource Technologies Secures $10M Seed Round to Revolutionize Mining with Advanced Biochemistry

Alta Resource Technologies is excited to announce a successful funding round in which the company raised $10,000,000 to accelerate its revolutionary approach to reimagining the mining industry. Founded on the principle of sustainable innovation, Alta harnesses advanced biochemistry to cost-effectively extract high-purity rare earth elements and essential minerals needed to power the next generation of technology—from electric vehicles and advanced electronics to crucial defense systems. By leveraging customizable proteins that selectively bind to individual elements even at low concentrations in complex mixtures, Alta not only enhances the efficiency of mineral extraction but also dramatically reduces the environmental footprint traditionally associated with mining. This significant investment bolsters Alta’s mission to expand access to critical raw materials while strengthening economic security and positioning the United States at the forefront of next-generation mining technologies. The funding will support development milestones and enable further refinement of the company’s groundbreaking technology platform—the result of robust collaboration with top research institutions such as Lawrence Livermore National Laboratory and Pennsylvania State University—as well as strategic partnerships with esteemed investors including DCVC, Voyager, and government agencies like the U.S. Department of Defense and the state of Colorado. With an unwavering commitment to addressing the mounting global demand for cleaner and more efficient resource extraction, Alta Resource Technologies stands poised to catalyze a mining revolution. The recent infusion of capital not only reaffirms the confidence of its investors and partners but also empowers the company to accelerate its technology roadmap, secure critical mineral supply chains, and ultimately enhance U.S. competitiveness in the rapidly evolving 21st-century economy.