DISA Technologies Closes Oversubscribed $30M Series A2 Round to Accelerate Mineral Processing & Uranium Remediation Solutions
DISA Technologies has successfully closed an oversubscribed $30 million Series A2 financing round, comprising $23 million in primary funding and $7 million in secondary funding. The round was led by Evok Innovations with strategic investment from Constellation Technology Ventures, along with participation from Valor Equity Partners, Veriten, and existing investor Halliburton Labs.
The company's patented High-Pressure Slurry Ablation (HPSA) technology serves dual purposes: enhancing critical mineral recovery for mining operations and cleaning up Abandoned Uranium Mine (AUM) waste. Following a successful EPA Treatability Study in 2023, DISA has signed an MOU with the Navajo Nation EPA and is awaiting NRC Service Providers License approval, expected by September 2025.
DISA Technologies ha concluso con successo un round di finanziamento Serie A2 da 30 milioni di dollari con domanda superiore all'offerta, composto da 23 milioni di dollari di fondi primari e 7 milioni di dollari di fondi secondari. Il round 猫 stato guidato da Evok Innovations con un investimento strategico di Constellation Technology Ventures, oltre alla partecipazione di Valor Equity Partners, Veriten e dell'investitore esistente Halliburton Labs.
La tecnologia brevettata dell'azienda, High-Pressure Slurry Ablation (HPSA), ha un doppio scopo: migliorare il recupero di minerali critici nelle operazioni minerarie e bonificare i rifiuti delle Miniere di Uranio Abbandonate (AUM). Dopo uno studio di trattabilit脿 EPA positivo nel 2023, DISA ha firmato un protocollo d'intesa con la Navajo Nation EPA ed 猫 in attesa dell'approvazione della licenza per fornitori di servizi NRC, prevista per settembre 2025.
DISA Technologies ha cerrado con 茅xito una ronda de financiaci贸n Serie A2 de 30 millones de d贸lares con sobredemanda, compuesta por 23 millones de d贸lares en financiaci贸n primaria y 7 millones en secundaria. La ronda fue liderada por Evok Innovations con una inversi贸n estrat茅gica de Constellation Technology Ventures, junto con la participaci贸n de Valor Equity Partners, Veriten y el inversor existente Halliburton Labs.
La tecnolog铆a patentada de la empresa, High-Pressure Slurry Ablation (HPSA), tiene un doble prop贸sito: mejorar la recuperaci贸n de minerales cr铆ticos en operaciones mineras y limpiar los residuos de Minas de Uranio Abandonadas (AUM). Tras un estudio de tratabilidad exitoso de la EPA en 2023, DISA firm贸 un memorando de entendimiento con la EPA de la Naci贸n Navajo y espera la aprobaci贸n de la licencia para proveedores de servicios de la NRC, prevista para septiembre de 2025.
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DISA Technologies a cl么tur茅 avec succ猫s un tour de financement s茅rie A2 de 30 millions de dollars sursouscrit, comprenant 23 millions de dollars de financement primaire et 7 millions de dollars de financement secondaire. Ce tour a 茅t茅 men茅 par Evok Innovations avec un investissement strat茅gique de Constellation Technology Ventures, ainsi que la participation de Valor Equity Partners, Veriten et de l'investisseur existant Halliburton Labs.
La technologie brevet茅e de l'entreprise, High-Pressure Slurry Ablation (HPSA), a deux objectifs : am茅liorer la r茅cup茅ration des min茅raux critiques pour les op茅rations mini猫res et nettoyer les d茅chets des mines d'uranium abandonn茅es (AUM). Suite 脿 une 茅tude de traitabilit茅 r茅ussie de l'EPA en 2023, DISA a sign茅 un protocole d'accord avec la Navajo Nation EPA et attend l'approbation de la licence des fournisseurs de services NRC, pr茅vue pour septembre 2025.
DISA Technologies hat erfolgreich eine 眉berzeichnete Serie A2 Finanzierungsrunde in H枚he von 30 Millionen US-Dollar abgeschlossen, bestehend aus 23 Millionen US-Dollar Prim盲rfinanzierung und 7 Millionen US-Dollar Sekund盲rfinanzierung. Die Runde wurde von Evok Innovations angef眉hrt, mit strategischer Beteiligung von Constellation Technology Ventures sowie Beteiligungen von Valor Equity Partners, Veriten und dem bestehenden Investor Halliburton Labs.
Die patentierte High-Pressure Slurry Ablation (HPSA) Technologie des Unternehmens dient zwei Zwecken: der Verbesserung der Gewinnung kritischer Mineralien bei Bergbauoperationen und der Reinigung von Abfall aus verlassenen Uranminen (AUM). Nach einer erfolgreichen EPA-Behandelbarkeitsstudie im Jahr 2023 hat DISA ein Absichtserkl盲rung (MOU) mit der Navajo Nation EPA unterzeichnet und wartet auf die Genehmigung der NRC Service Providers Lizenz, die f眉r September 2025 erwartet wird.
- Secured $30M in oversubscribed Series A2 funding, demonstrating strong investor confidence
- Successfully completed EPA Treatability Study and signed MOU with Navajo Nation EPA
- NRC Service Providers License application accepted for technical review
- Strategic backing from major industry players including Constellation, the largest US emissions-free energy producer
- Dual-purpose HPSA technology addresses both mineral processing and environmental remediation
- Pending regulatory approval for NRC Service Providers License creates operational uncertainty
- Early-stage company still requiring significant capital investment for commercialization
Insights
DISA Technologies' $30M Series A2 funding accelerates commercialization of dual-purpose technology addressing critical minerals processing and uranium remediation.
DISA Technologies has secured a heavily oversubscribed
The investment group's composition is particularly noteworthy, combining strategic corporate capital with specialized venture funds. Constellation Technology Ventures' participation as a cornerstone investor carries special significance given Constellation's position as America's largest producer of emissions-free energy, primarily through nuclear power. This strategic alignment connects DISA's uranium remediation capabilities directly to the nuclear fuel supply chain ecosystem.
DISA's technology addresses two critical national priorities: expanding domestic critical mineral processing capacity and remediating legacy uranium mine waste. The company has achieved important regulatory milestones, including a successful EPA Treatability Study and advancing through the NRC Service Providers License process, with a licensing decision expected by September 2025.
The dual-application nature of DISA's technology creates multiple commercialization pathways, reducing market risk while addressing complementary sectors. For mining operators, HPSA technology promises improved grades and recoveries of critical minerals. For environmental stakeholders, it offers a mechanism to convert toxic legacy waste into recoverable uranium and vanadium resources 鈥� effectively transforming environmental liabilities into strategic assets.
This funding positions DISA to accelerate commercial deployment at a time when domestic critical mineral processing and uranium production have become national security priorities. The company's momentum with the Navajo Nation EPA demonstrates real-world validation of its approach to legacy uranium mine remediation, a persistent environmental challenge across the western United States.
听Evok Innovations and Constellation Technology Ventures Lead Investment in Scalable Technology for Critical Mineral Liberation and Legacy Waste Cleanup
DISA's patented High-Pressure Slurry Ablation (HPSA) technology was developed to serve both modern mineral processing and environmental remediation needs鈥攄elivering a cleaner, faster and more efficient way to liberate valuable minerals. HPSA is now being scaled for deployment across two critical applications: improving grades and recoveries of critical minerals for mining operators, and cleaning up Abandoned Uranium Mine (AUM) waste by recycling uranium and vanadium while reducing environmental liability.
"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," said听Greyson Buckingham, DISA's CEO, President and Co-Founder. "This investment allows us to accelerate commercial deployment of HPSA units for both mining operators and uranium remediation stakeholders."
"We're especially grateful to听Evok for believing in DISA from the beginning, and to Constellation for their bold leadership in shaping America's energy future," Buckingham added. "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."
CTV's investment highlights the strategic importance of DISA's accelerating uranium remediation work. Following a successful 2023 EPA Treatability Study, DISA signed an MOU with the Navajo Nation EPA to launch a Phase 2 commercial-scale demonstration project. In April 2025, DISA's application for an NRC Service Providers License (SPL) was accepted for technical review, with completion of the licensing action decision expected by September. Constellation's backing strengthens DISA's position as the nation's first licensed provider focused on AUM remediation.
"At Constellation, we recognize that securing America's energy future starts with securing its fuel supply," said Bryan Hanson, Chief Generation Officer, Constellation. "DISA's innovative approach aligns with our goal to strengthen domestic energy resilience and deploy cutting-edge technologies that support clean, reliable energy."
Evok Innovations and Valor Equity Partners bring deep strategic value to DISA鈥擡vok through its focus on cutting-edge energy innovation, and Valor through its operational expertise with high-growth companies. Veriten adds industry insight and connectivity across the energy landscape, while Halliburton Labs continues to be a vital collaborator supporting founder-led innovation.
"Valor Equity Partners is proud to invest in听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," said David Heskett, Operating Partner at Valor Equity Partners.听
"Halliburton Labs reaffirms its support of DISA through this strategic investment," said Andres Cabada, managing director at Halliburton Labs. "DISA's innovation in mineral processing and remediation creates meaningful value for resource owners and other stakeholders. We welcome the opportunity to collaborate as听DISA advances its commercialization efforts and expands its operations. We look forward to their success".
"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," said Maynard Holt, Founder and CEO of Veriten.听听
DISA has successfully executed several key milestones over the last 24 months, and this funding round will enable the company to scale its operations and expand the capabilities of HPSA faster than ever.听
For more information about听DISA and its solutions, please visit .
About DISA Technologies听
Founded in 2018, DISA Technologies is revolutionizing mineral recovery through its patented High-Pressure Slurry Ablation (HPSA) technology鈥攁n innovative solution that upgrades critical minerals from mined ore and legacy waste. Serving both the mining and remediation sectors, they recover valuable resources that power industry, strengthen energy independence and restore contaminated sites to productive use. DISA's technology unlocks economic and environmental value, transforming how the world processes, remediates and recycles essential mineral assets.听DISA is headquartered in鈥疌asper,
About Evok Innovations听
Launched in 2016 through a partnership between Suncor, Cenovus and the BC Cleantech CEO Alliance, Evok Innovations (Evok), is committed to developing and deploying cutting-edge clean energy technology. Evok's inaugural fund aimed to accelerate the development of critical energy transition technologies across
About Constellation Technology Ventures
Constellation Technology Ventures (CTV) is the venture investing organization within Constellation,
About Valor Equity Partners听
Valor Equity Partners is an operational growth investment firm focused on investing in high-growth companies across various stages of development. For decades, Valor has served its companies with unique expertise to solve the challenges of growth and scale. Valor partners with leading companies and entrepreneurs who are committed to the highest standards of excellence and the courage to transform their industries. For more information on Valor Equity Partners, please visit .
About Veriten's NexTen Fund听
The NexTen fund leverages Veriten's broad network and expertise to invest in reliable, sustainable, scalable, and economically viable energy solutions. Dedicated to understanding the constantly evolving, volatile, and often noisy and confusing energy landscape, the firm has now backed 13 innovative, private companies poised to capitalize on long-term, global energy trends.听
About Halliburton Labs听
Halliburton Labs is a collaborative environment where entrepreneurs, academics, investors, and experienced practitioners advance the future of energy faster. Halliburton Labs provides access to world-class facilities, a global business network, commercialization expertise, and financing opportunities to help participants scale their business. Visit the company's website at . Connect with Halliburton Labs on and . Halliburton Labs is a wholly owned subsidiary of Halliburton Company (NYSE: HAL).
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