Vale Ventures News Today

One of the most frequent questions I get asked when working with mining technology companies is “how do I access capital?” These […]

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BOSTON, July 12, 2023--Allonnia, the bio-ingenuity company dedicated to extracting value where others see waste, today announced that it has raised $30 million in new capital led by Bison Ventures, with participation from IRONGREY, BHP Ventures, Vale Ventures, Wholestack LP and PPNG along with existing investors Battelle, General Atlantic and Viking Global Investors. This brings Allonnia’s total funding to date to $90M.

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Vale has launched a corporate venture capital unit to support start-ups offering 'disruptive innovations' to the metals and mining sectors.

Vale Ventures is starting with a $100 million budget to invest in firms involved in sustainable mining initiatives.