Seloxium Secures £6M to Propel Metal Purification Innovation
Deal News | Mar 20, 2025 | oxford sciences innovation
Seloxium Ltd., spun out from the University of Oxford, has raised £6 million in a seed funding round to commercialize its Selectal technology, which extracts critical and valuable metals such as platinum-group metals, rare earth elements, and gold from industrial and mining waste. The funding was co-led by Oxford Science Enterprises and MKS PAMP, and includes contributions from the University of Oxford and angel investors. The technology offers a low-capex, fast, and sustainable extraction process, aiming to reduce environmental impact while tapping into the immense economic potential of metal recovery. The investment will aid Seloxium in scaling its operations and accelerating the deployment of Selectal technology. With the rise in demand for critical metals in industries like clean energy and advanced manufacturing, Seloxium's innovative metal recovery approach supports sustainability and strengthens supply chains. The company operates from its R&D base in Oxford and scales commercial operations from its facility in Teesside. Alongside the seed investment, Seloxium has secured UK Innovate grants to support technology development.
Sectors
- Metal and Mining
- Environmental Technology
- Investment and Private Equity
- University Spin-Out
Geography
- United Kingdom – Seloxium is based in the UK with operations in Oxford and Teesside, and involves UK investors.
- Switzerland – MKS PAMP, a co-investor and global leader in the precious metals industry, is headquartered in Switzerland.
Industry
- Metal and Mining – Seloxium's technology targets the extraction of valuable and critical metals from industrial and mining waste.
- Environmental Technology – The article discusses Seloxium's sustainable technology for metal extraction, reducing environmental impact.
- Investment and Private Equity – Oxford Science Enterprises, a private equity firm, is co-leading the investment in Seloxium, highlighting the involvement of finance in tech commercialization.
- University Spin-Out – Seloxium is a spin-out from the University of Oxford, emphasizing the academic research commercialization aspect.
Financials
- £6 million – The total amount raised in the seed-round investment for Seloxium's technology commercialization.
- $3.4 trillion – The estimated value of critical and valuable metals locked in mine tailings.
- $10 billion – The estimated worth of metals discarded from electronic waste annually.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Seloxium Ltd. | Target Company | Company | A University of Oxford spin-out developing technologies for metal purification from waste. |
| Oxford Science Enterprises (OSE) | Private Equity Investor | Company | A private equity firm investing in science and technology ventures originating from Oxford University research. |
| MKS PAMP | Co-Investor | Company | A global leader in the precious metals industry. |
| University of Oxford | Investor | Academic Institution | Provided initial research and investor support for Seloxium. |
| Dr. Christian Peters | Director & CEO | Person | CEO of Seloxium, leading the commercialization of its metal purification technology. |
| George Todd | Senior Associate, Deep Tech | Person | Representative from Oxford Science Enterprises, commenting on the significance of the investment. |
| Tarek Shakarchi | Head of Strategic Opportunities | Person | A leading figure at MKS PAMP, supporting Seloxium's mission and technology development. |
| Paul Smith | Angel Investor | Person | An investor with a background in strategic development at Glencore, supporting Seloxium's funding round. |