FundedStartupsDaily / Climate & Energy / FAST Metals

FAST Metals raises $4.3M

FAST Metals announced a Pre-Seed round of $4.3M on 3 August 2026. The company operates in Climate & Energy and is based in United States. It was founded by Sumedh Gostu, Co-founder & CEO.

Raised
$4.3M
Stage
Pre-Seed
Industry
Climate & Energy
Country
United States

Founder

Sumedh Gostu
Co-founder & CEO, FAST Metals
LinkedIn profilefastmetals.com

Outreach angles

  • -Sumedh Gostu held senior roles at Rio Tinto, Glencore, and Newmont before co-founding FAST Metals.
  • -His patented process turns toxic red mud waste into rare earths, gallium, and other critical minerals.
  • -The $4.3M pre-seed came alongside a first commercial deal to process red mud at Metalox's Florida plant.

Signals

Pre-SeedClimate TechDeep TechHardwareB2BRevenue-Generating

Round details

Company: FAST Metals
Domain: fastmetals.com
Amount: $4.3M
Stage: Pre-Seed
Industry: Climate & Energy
Country: United States
Announced: 3 August 2026
Source: announcement

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