Rendering of the concept autonomous nodule collection vehicle
Announcing a closing of $10.1M in seed funding
Impossible Mining has closed an additional $10.1 million in seed funding to develop and test our four-mile-deep robotic collection system and continue developing bio-extraction technology. The funding is led by Justin Hamilton with additional participation from a select group of Y Combinator investors.
We are also announcing our five key advisors:
Mr. Bob Galyen, former CTO of CATL
Mr. Dan Lankford, former CEO of AT&T Microelectronics – Europe
Mr. Justin Manley, AUV design expert
Mr. Simon Segars, former CEO of ARM and formed board member of SoftBank
Mr. Phil Straw, CEO of SoftIron, underwater expert
For Impossible Mining, the pursuit of planet-friendly energy resources starts with a robotics innovation that is an arm (and a leg) ahead of the competition. Of course we need to collect nodules rapidly, but Impossible Mining’s unique position is that we will do it with minimal disruption to subsea life in the sediment ecosystem.
TIME Magazine feature on Renee Grogan and Impossible Mining
We shared this article in April but it’s worth revisiting if you haven’t had a chance to read it yet. TIME Magazine spoke with Renee Grogan, our Co-founder and Chief Sustainability Officer, about the origin story of Impossible Mining and the challenges our solution addresses. The piece includes a succinct video explainer. The article looks deeper at Renee’s motivations in particular, and the headline starts with some big punches: “This Mining Executive Is Fighting Her Own Industry to Protect the Environment.”