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How a New Jersey startup found an electrifying way to slash copper costs
Still Bright is now loaded up with $18.7 million in seed money to build out its demonstration unit.
To boost production from single digits to hundreds of tons per year, Still Bright has raised an $18.7 million seed round led by Material Impact and Breakthrough Energy Ventures, the company exclusively told TechCrunch. Because the vanadium-based process works so quickly, the company’s equipment is much smaller than a typical refiner for the same amount of copper production. Still Bright would like to start refining copper in large enough quantities to benefit from any tariffs President Trump might impose on imports of the metal.
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