Atana Elements Secures $27.5 Million Seed Round to Discover Critical Mineral Resources at Record Speed

Atana Elements, a critical minerals exploration company, raised a $27.5 million seed round led by Lowercarbon Capital, with participation from Borusan Ventures, Earthshot Ventures, Overture Ventures, Redwoods Climate Capital, Sunna Ventures, Verve Ventures, Volta Energy Technologies, WovenEarth and others.

Orrick represents Atana.

THE COMPANY

Atana is a critical minerals exploration company specializing in flowing mineral systems, including lithium brines, hydrogen, helium, and emerging extraction methods for copper and uranium. Atana integrates advanced geoscience, AI and machine learning, and operational expertise from the oil and gas and technology sectors to identify and de-risk large-scale mineral resources in jurisdictions that meet Western security and investment requirements.

THE IMPACT

This capital will fund Atana's continued acquisition of qualified, high-quality mineral assets globally. The team has already secured positions estimated to contain over 100 million tonnes of Lithium Carbonate Equivalent (LCE) and has multiple exploration projects underway.

THE TEAM

Orrick's Jake Ornstein, David Gold and Andy Bloom lead the team advising Atana, with support from Shawn Atkinson, Aaliya Kapadia, Jordan Campusano, Storme McKop, Delia Bennett and Desiree Rigilano.