University of Oxford spinout Seloxium has secured a £6m of investment in a seed round to support the commercialisation of its Selectal technology.
The metals recovery firm says the tech offers a selective and fast pathway to extract critical and valuable metals.
Seloxium’s proprietary technology also provides industries with an efficient solution for extracting high-purity metals from complex waste streams.
By extracting these metals directly from industrial waste streams, the company provides higher recovery rates, with a faster process, at lower cost.
The funding round was co-led by Oxford Science Enterprises (OSE) and MKS PAMP, a global leader in the precious metals industry, alongside the University of Oxford and new and existing angel investors.
“This investment marks a transformational moment for Seloxium. With our novel technology, waste can be an asset rather than a liability,” said Dr Christian Peters, director & CEO of Seloxium.
“Instead of these metals being lost or discharged into the environment, we recover them cost-effectively, offering a sustainable and circular pathway for industries that depend on them.
“With the backing of OSE, MKS PAMP, and our investors, we can further scale our technology and accelerate commercial deployment.”
George Todd, senior associate, deep tech at Oxford Science Enterprises, added: “Our continued investment in Seloxium reflects our commitment to advancing technology that looks to solve some of the world’s most pressing challenges.
“The global economy depends on critical metals for everything from clean energy to advanced manufacturing, yet access to these materials is increasingly constrained.
“Seloxium’s innovative approach to metal recovery realises economic value while strengthening supply chains and supporting global sustainability practices.”
Seloxium’s Oxford R&D base provides access to leading scientists and fosters collaborations within the Oxford ecosystem.
Its new Teesside facility, based at the Wilton Centre, is designed to scale up commercial operations.
In addition to the £6m investment, the spinout has secured funding through three UK Innovate grants, further supporting the development and deployment of its metal purification technology.
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