Tidal Metals September 2024 Seed Funding Round

Tidal Metals, a deep-tech company based in Hamilton, NJ, has raised $8.5 million in seed funding to further develop and build a pilot plant demonstrating its sustainable magnesium extraction technology. The funding round was led by DCVC, with additional participation from First Spark Ventures and Bidra Innovation Ventures. Tidal Metals, led by CEO Dr. Howard Yuh, uses a patented, environmentally-friendly process to extract magnesium from seawater without waste or harmful byproducts. The technology leverages renewable electricity, aiming for fully sustainable, decarbonized magnesium production.