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 $1.60B in a Growth round announced on 30 Jun 2026. It is USA Rare Earth's third venture round on record; the one before was a Growth in Jan 2026.
$1.60B
Amount raised
of which $500M debt
Not disclosed
Post-money valuation
Valuation
What this round says about the price
USA Rare Earth did not disclose a valuation in this round. It came 5 months after USA Rare Earth's Growth. It is 34% of the $4.75B USA Rare Earth has raised in the venture rounds on record. USA Rare Earth raised again 4 months later: a Growth round of $1.60B in Oct 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 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 this round 30 Jun 2026 $1.60B
- Grant not a venture round 8 Oct 2026 $277M
- Growth 8 Oct 2026 $1.60B
Use of proceeds
What the money is for
According to the announcement, the money goes to scaling operations.
- Scaling operations
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 |
| DeepSeek Tech Companies | 3 Jun 2026 | $7.40B | $50.00B | Tencent and CATL |
| Ice Cream | 15 Jun 2026 | $4.20B | not disclosed | not named |
| Property Management | 2 Jun 2026 | $3.14B | not disclosed | not named |
| United Solar Chemicals | 10 Jun 2026 | $1.60B | not disclosed | not named |
| Stegra Scrap Metals | 24 Jun 2026 | $1.59B | not disclosed | Wallenberg Investments |
| Southern Water Water Supply & Water Treatment | 22 Jun 2026 | $1.59B | not disclosed | Macquarie |
| DataBank Hosting & Cloud Infrastructure Providers | 15 Jun 2026 | $1.45B | not disclosed | not named |
Sources
Where this comes from
Reported by 3 sources.
Questions
Frequently asked
How much did USA Rare Earth raise in its Growth round?
USA Rare Earth raised $1.60B in its Growth round, announced in Jun 2026.
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 Oct 2026 of $1.60B.