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Foley Represents Envisioning Partners as Co-Lead Investor in Series B Round for Phoenix Tailings

Foley & Lardner LLP represented Envisioning Partners as co-lead investor in the $33 million Series B extension funding for Phoenix Tailings, a Burlington, Massachusetts, developer of rare earths from mining waste, for a total funding of $76 million. In addition to Envisioning Partners, who led the initial closing, the second round was anchored by Escape Velocity with support from Builders Vision, Yamaha Motor Ventures, MPower, Sumitomo Corporation, and other key investors.

Louis Lehot

LLehot@foley.com

+1.650.796.7280

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