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Zethos

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Tech-led refining for critical mineral abundance from ores and industrial waste

Christchurch, New ZealandFounded 2020Energy
Valuation $25–50M Last recorded · 2024
Headcount <100 Current team size
Total funding $10–50M Disclosed equity funding
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About Zethos

Zethos (formerly Zincovery) is a Christchurch University of Canterbury spin-out building tech-led refining for critical minerals. Co-founded by CEO Jonathan Ring and Professor Aaron Marshall, the company started disrupting zinc recycling from steel-mill waste and has expanded its selective reduction and electrochemical platform to copper, nickel, manganese and other critical minerals. Renamed Zethos in February 2026 to reflect that broader critical-mineral abundance mission; demonstration plant targeted to begin industrial-scale recovery in 2026. Prior funding includes NZ$12M Series A (Sep 2024, Icehouse Ventures and Motion Capital leads), Callaghan Innovation grant, and US$3M seed. Live brand and website are Zethos at zethos.tech; LinkedIn company/zethostech. A separate Dealroom entity Zethos at zethos.ai is unrelated and was not merged.

Source: Dealroom company data

At a glance

Founded
2020
Headquarters
Christchurch, New Zealand
Sector
Energy

Zethos in the Christchurch ecosystem

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Investors

5 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Seed3 investors entered at this stage

  • Icehouse Ventures
  • Climate Venture Capital Fund
  • Callaghan Innovation

Series A2 investors entered at this stage

  • Motion Capital
  • Outset Ventures
Team profiled 10 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 4 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
🇳🇿 New Zealand · Christchurch HQ
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Market sentiment

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