Oct 20, 2021
HARTLAND, Vt. — Today, the CORI Innovation Fund (CIF) announced an investment in Disa Technologies, Inc. (Disa), a provider of sustainable clean technology for processing and liberation of natural resources.
CIF is a Qualified Opportunity Fund that invests in high-growth technology companies supporting job creation and revenue generation in small towns across America. CIF is participating in this funding round in order to provide Disa with capital to expand its pioneering High-Pressure Slurry Ablation (HPSA) technology to commercial scale. Disa is headquartered in an Opportunity Zone located in Casper, Wyoming.
Disa provides efficient, cost-effective, and sustainable solutions for materials processing. The company’s novel (HPSA) technology can liberate a variety of geologic material including precious and industrial metals, hydrocarbons, and abandoned uranium mine material on-site at a lower cost than traditional methods. This allows for a reduction in transportation and overall costs and enables efficient environmental clean up of legacy mining sites.
“Disa Technologies has multiple current opportunities available to implement its effective and cost-efficient clean technology at commercial scale. We are pleased to partner with CIF and our other investors to provide the capital to fund our expansion,” said Greyson Buckingham, Disa’s CEO.
“Greyson and the entire Disa team are enabling efficient solutions to clean legacy mining waste at existing sites,” said Jay Bockhaus, Managing Partner of CIF. “We are pleased to support Disa’s expansion of their leading clean technology to enable profitable achievement of better environmental results.”
About Disa Technologies, Inc.
Disa is dedicated to developing sustainable technology solutions for minerals processing and remediation applications that increase recoveries and reduce waste generation, thereby significantly lowering project costs and improving environmental outcomes. Separating valuable minerals from waste material is expensive and inefficient. Disa’s patented High-Pressure Slurry Ablation (HPSA) platform technology has the potential to offer better mineral liberation/separation efficiencies and unit economics than any other commercial technology. Since its founding, Disa has established a robust intellectual property portfolio, developed HPSA technology at commercial scale, and created a strong foundation for future growth.
About the CORI Innovation Fund
The CORI Innovation Fund (CIF) invests in growth businesses located in Qualified Opportunity Zones in the United States to enhance economic growth and job creation in small communities. CIF seeks out attractive technology-enabled operating businesses in rural geographies that are under-served by traditional venture capital institutions and identifies, funds, and supports the best tech entrepreneurs American small towns have to offer. For more information visit http://www.corifund.com.
About the Center on Rural Innovation
The Center on Rural Innovation (CORI) is a dynamic social enterprise solving America’s rural economic crisis by empowering small towns to build thriving digital economies. CORI’s three major initiatives form a comprehensive approach to catalyzing the digital jobs that drive sustainable economic success: the Rural Innovation Network, made up of 25 small communities nationwide dedicated to digital economic development; the Rural Opportunity Map, which incorporates hundreds of datasets to highlight promising rural areas; and the CORI Innovation Fund, which provides needed capital to innovative but underserved rural entrepreneurs. For more information visit www.ruralinnovation.us.