Pax Ventures

Venture Capital and Private Equity Principals

Facts

HQ
United States
Sectors
Venture Capital and Private Equity Principals
Founded
2025
Employees
3

Mariana Minerals valued at $1.5 billion as CEO Turner Caldwell, backed by Khosla and a16z, pushes software-driven mining for critical metals

Mariana Minerals, a software-focused mining startup led by CEO Turner Caldwell, aims to remake mining for a metals-driven economy by targeting lithium, copper, aluminum and other critical minerals needed for electrification. The company is now valued at $1.5 billion and says its software backbone will generalize across many metals to reduce input costs and address supply-chain risks dominated by China.

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