www.sorteraalloys.com/Industrial / ManufacturingFounded: 2020Funding to Date: $149.37MM
Sortera Alloys, founded in 2020, is an industrial scrap metal sorting company that seeks to create advanced methods to sort recyclable materials so they can be made into new products. With a focus on recycling mixed metal materials, Sortera Alloys offers an AI-powered platform that strives to automate the sorting process and divides valuable metals like aluminum from end-of-life alloys. Sortera Alloys is headquartered in Markle, Indiana.
Funding Date | Share Class | Amount Raised | Price per Share | Post-Money Valuation | Key Investors | |
---|---|---|---|---|---|---|
08/30/2023 | Series C-2 | $18.66MM | $xx.xx | $432.03MM | RA Capital Management, T. Rowe Price Associates, Mineral Resources, Assembly Ventures, Macquarie Group, Breakthrough Energy Ventures, Chrysalix Venture Capital | |
Price per Share
$xx.xx
Shares Outstanding
736,307
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
RA Capital Management, T. Rowe Price Associates, Mineral Resources, Assembly Ventures, Macquarie Group, Breakthrough Energy Ventures, Chrysalix Venture Capital
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08/30/2023 | Series C-1 | $11.81MM | $xx.xx | $432.03MM | RA Capital Management, T. Rowe Price Associates, Mineral Resources, Assembly Ventures, Macquarie Group, Breakthrough Energy Ventures, Chrysalix Venture Capital | |
Price per Share
$xx.xx
Shares Outstanding
856,960
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
RA Capital Management, T. Rowe Price Associates, Mineral Resources, Assembly Ventures, Macquarie Group, Breakthrough Energy Ventures, Chrysalix Venture Capital
|
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07/07/2022 | Series B-3 | $10MM | $xx.xx | $172.83MM | Assembly Ventures, Breakthrough Energy Ventures, Novelis | |
Price per Share
$xx.xx
Shares Outstanding
884,202
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Assembly Ventures, Breakthrough Energy Ventures, Novelis
|
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07/07/2022 | Series B-2 | $8.71MM | $xx.xx | $172.83MM | Assembly Ventures, Breakthrough Energy Ventures, Novelis | |
Price per Share
$xx.xx
Shares Outstanding
1,978,630
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Assembly Ventures, Breakthrough Energy Ventures, Novelis
|
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07/07/2022 | Series B-1 | $2MM | $xx.xx | $172.83MM | Assembly Ventures, Breakthrough Energy Ventures, Novelis | |
Price per Share
$xx.xx
Shares Outstanding
1,250,000
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Assembly Ventures, Breakthrough Energy Ventures, Novelis
|
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11/30/2021 | Series A | $2MM | $xx.xx | $6.67MM | Breakthrough Energy Ventures | |
Price per Share
$xx.xx
Shares Outstanding
2,000,000
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Breakthrough Energy Ventures
|