Red Metals has raised $10 Million in new funding
According to filings with the U.S. Securities and Exchange Commission, Red Metals has raised $10,000,000.00 in new funding. The federal securities law requires the notice to be filed by companies that have sold securities without registration under the Securities Act of 1933 in an offering made under Rule 504 or 506 of Regulation D or Section 4(a)(5) of the Securities Act. A company must file this notice within 15 days after the first sale of securities in the offering. For this purpose, the date of first sale is the date on which the first investor is irrevocably contractually committed to invest. Each issuer of securities that sells its securities in reliance on an exemption provided in Regulation D or Section 4(a)(5) of the Securities Act of 1933 must file this notice containing the information requested with the U.S. Securities and Exchange Commission (SEC) and with the state(s) requiring it. If more than one issuer has sold its securities in the same transaction, all issuers should be identified in this filing with the SEC.
Investors in the company’s current round of funding include: Gigascale Capital, Future Ventures, MCJ, JB Straubel.
About Red Metals
Red Metals is a next-generation copper manufacturer that is building a new domestic supply chain for finished copper products in the United States. The company focuses on reshoring American copper refining by integrating physical processing, advanced sorting, and metallurgical refining into a single continuous operation that converts a wide range of copper feedstocks directly into finished copper products, using fewer process steps and significantly less energy and emissions than conventional refining. By rearchitecting both the supply chain and the underlying technology stack, Red Metals aims to deliver high-performance, high-conductivity copper products closer to where they are needed, in days rather than months, to support critical sectors such as data centers, grid modernization, electrification, and defense. Its first facility, a $70 million operation in Charleston, South Carolina, will produce high-conductivity copper rod for wire, cable, and other electrical applications, and is expected to create at least 45 jobs in its initial phase. Founded by Jackson Switzer and built by a technical, execution-oriented team with backgrounds in metals, manufacturing, refining, automation, and advanced industrial operations, Red Metals positions itself as a faster, more resilient, American-built alternative to traditional global copper supply chains.
To learn more, visit https://www.redmetals.com/
Linkedin: https://www.linkedin.com/company/redmetals
Contact:
Jackson Switzer, Chief Executive Officer
https://www.linkedin.com/in/jacksonswitzer/
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