Funding round
USA Rare Earth Growth
Reported as "Growth Equity"
USA Rare Earth, which works in rare earth element mining and extraction in Stillwater, raised $1.50B in a Growth round announced on 26 Jan 2026, led by Inflection Point Ventures. 1 firm took part. It is USA Rare Earth's second venture round on record; the one before was a Series C in May 2021.
$1.50B
Amount raised
Not disclosed
Post-money valuation
1
Investors
1 lead
Valuation
What this round says about the price
USA Rare Earth did not disclose a valuation in this round. It came 56 months after USA Rare Earth's Series C. It is 32% of the $4.75B USA Rare Earth has raised in the venture rounds on record. USA Rare Earth raised again 5 months later: a Growth round of $1.60B in Jun 2026.
USA Rare Earth's funding rounds
USA Rare Earth has 4 venture rounds on record and 3 other deals. This one is highlighted.
- Series C 20 May 2021 $50M
- Other not a venture round 30 Apr 2025 $75M
- Growth this round 26 Jan 2026, led by Inflection Point Ventures $1.50B
- Grant not a venture round 1 May 2026, led by Texas Semiconductor Innovation Fund $14M
- Growth 30 Jun 2026 $1.60B
- Grant not a venture round 8 Oct 2026 $277M
- Growth 8 Oct 2026 $1.60B
Investors
Who put money in
Inflection Point Ventures led the round.
Lead investor
- backs 111 venture-backed companies new investor
Use of proceeds
What the money is for
According to the announcement, the money goes to scaling operations and working capital.
- Scaling operations
- Working capital
Comparable rounds
How it compares
The closest in time: 1 in Minerals, Earths & Ores, then Growth rounds in any sector within 6 months:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Minerals, Earths & Ores | 7 Aug 2026 | $86M | not disclosed | Department of War |
| Perplexity Tech Companies | 1 Jan 2026 | $2.30B | not disclosed | not named |
| Global Technical Realty Data Solutions | 7 Jan 2026 | $1.90B | not disclosed | not named |
| Kraken Tech Companies | 5 Jan 2026 | $1.00B | $8.65B | D1 Capital Partners |
| Orano Mining & Gas Exploration | 5 Jan 2026 | $900M | not disclosed | not named |
| United Solar Chemicals | 20 Jan 2026 | $900M | not disclosed | Sohar International Bank |
| Playlist Tech Companies | 15 Jan 2026 | $785M | $7.50B | Affinity Partners |
| Etched Electronical Components Manufacturing | 13 Jan 2026 | $500M | $5.00B | Stripes |
Sources
Where this comes from
Reported by 5 sources.
Questions
Frequently asked
How much did USA Rare Earth raise in its Growth round?
USA Rare Earth raised $1.50B in its Growth round, announced in Jan 2026.
Who led USA Rare Earth's Growth round?
Inflection Point Ventures led it.
What was USA Rare Earth's valuation at the Growth round?
It was not disclosed.
Did USA Rare Earth raise again after this round?
Yes: a Growth round in Jun 2026 of $1.60B.