DISA Technologies, a company focused on mineral recovery and uranium remediation, has closed an oversubscribed Series A2 funding round, raising a total of $30 million. The round was led by Evok Innovations, with a cornerstone investment from Constellation Technology Ventures (CTV) and participation from Valor Equity Partners, Veriten, and existing investor Halliburton Labs.
The funding will be used to scale DISA’s patented High-Pressure Slurry Ablation (HPSA) technology, which is used to both improve mineral recovery for mining operators and clean up abandoned uranium mine (AUM) waste.
CTV’s investment underscores the strategic significance of DISA’s collaboration with the Navajo Nation EPA on a commercial-scale AUM remediation project. With this backing, DISA is positioned to become the nation’s first licensed provider focused on AUM cleanup. The company is currently awaiting a key license from the Nuclear Regulatory Commission (NRC), with a decision expected in September.
KEY QUOTES:
“We’re proud to have the support of such forward-thinking partners who share our vision: increasing the global production of critical minerals and converting toxic legacy waste into strategic assets that advance American sustainability, energy resilience, and national security. This investment allows us to accelerate commercial deployment of HPSA units for both mining operators and uranium remediation stakeholders.”
“We’re especially grateful to Evok for believing in DISA from the beginning, and to Constellation for their bold leadership in shaping America’s energy future. We’re also excited to welcome Veriten and Valor Equity Partners to the team, and deeply appreciate the continued support from Halliburton Labs and our other existing investors who have helped make this next chapter possible.”
Greyson Buckingham, DISA’s CEO, President and Co-Founder
“At Constellation, we recognize that securing America’s energy future starts with securing its fuel supply. DISA’s innovative approach aligns with our goal to strengthen domestic energy resilience and deploy cutting-edge technologies that support clean, reliable energy.”
Bryan Hanson, Chief Generation Officer, Constellation
“Valor Equity Partners is proud to invest in DISA, a company that embodies innovation and possesses significant growth potential. Our investment reflects our belief in the company’s vision and leadership team, along with our focus on disruptive technologies that are making the world a better place. We are grateful for the opportunity to partner with DISA in this next phase of growth.”
David Heskett, Operating Partner at Valor Equity Partners
“Halliburton Labs reaffirms its support of DISA through this strategic investment. DISA’s innovation in mineral processing and remediation creates meaningful value for resource owners and other stakeholders. We welcome the opportunity to collaborate as DISA advances its commercialization efforts and expands its operations. We look forward to their success.”
Andres Cabada, managing director at Halliburton Labs
“Investing in DISA is an opportunity to catalyze groundbreaking uranium remediation solutions that can have downstream impacts on our energy landscape. Complemented by their entrepreneurial founder-led team, we are excited to begin this partnership.”
Maynard Holt, Founder and CEO of Veriten
