đź“ť Nemo raises $28.2M

Author

Liam Gill
July 29, 2025

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Daniel Liss, co-founder of Dispo and Teaser AI, is diving into steelmaking with his new startup Nemo Industries, which plans to build AI-powered pig iron plants to modernize and reshore America’s steel supply chain. Sparked by a national security war game that revealed the U.S. lacks the industrial capacity to sustain conflict with China, Liss became fixated on steel’s role in defence and manufacturing. Rather than just optimizing existing mills, Nemo will build its own natural gas-powered furnaces to gain a tech-first efficiency edge and capitalize on clean energy tax incentives. Backed by $28.2 million in funding and targeting a $100 million Series A, Nemo has already secured over $1 billion in incentives from two southern U.S. states to build three plants, aiming to revive a foundational American industry through an AI lens.

This gold miner, with a pre-money valuation of only C$15 million, is completing a C$2 million pre-IPO equity raise to restart the Gold Road mine in Arizona, USA. The mine and mill, idled since 2021, are in excellent condition to capitalize on current high gold prices. Gold Road is Arizona's only fully permitted integrated gold mill and plans to list on the TSX.V this October. Management aims to reach 20,000 ounces of gold per year by 2025/26. This would generate over US$40 million EBITDA in 2026 and offer a substantial dividend yield paid in physical gold and silver, presenting significant upside from its current low valuation. Learn more. *

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