FAST Metals (Pre-Seed)
Funding Details
Awarder
Inbox
Date Award
August 3, 2026
Vertical
Metals and Mining
Funding Amount
$4,300,000
Company Info
Founding Year
2025
Founders
Dr. Sumedh Gostu, Dr. Anthony Staley
Market
Metal Recovery and Recycling
Location
Southington, Connecticut, USA
Coinvestors
Astor Swiss, Azolla Ventures, Humba Ventures, New Climate Ventures, Rio Tinto
Company Description

FAST Metals was founded in 2025 by Dr. Sumedh Gostu (CEO) and Dr. Anthony Staley (CTO), building on more than 30 years in mining and metal extraction. The company's mission is to transform waste into value through low-energy, zero-waste metal recovery. FAST Metals' low-cost, modular system is centered on a hydrometallurgical process to extract iron, aluminum, scandium, titanium and other rare earth elements from bauxite residue and other industrial mine waste streams.

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