Hades Mining's objective focuses on fortifying Europe's independence in energy and resource supply

In the heart of Munich, a deeptech mining startup named Hades Mining is making waves, aiming to redefine access to energy and critical raw materials in Europe. Founded by Dr. Max Werner, Björn (former COO at Isar Aerospace), and Dan (former applied physicist at Marvel Fusion), the company is building Europe's first technology-driven mining and energy platform.

Dr. Werner, the founder and CEO of Hades Mining, has expressed his ambition to make Europe's future more independent and sustainable. Having faced challenges in starting a business in Germany, he has found Munich an attractive location, appreciating its lifestyle that attracts talent and its deep technology ecosystem.

Hades Mining's mission is to tackle one of Europe's most difficult technical bottlenecks. The company is developing technologies specifically tailored to Europe's geological conditions, addressing the challenges of energy and raw material sovereignty. The goal is to make geothermal energy and critical raw materials accessible in Europe, sustainably, independently, and scalably.

Conventional drilling and extraction methods have limitations in European geology. Hades Mining aims to economically exploit deeper energy sources and raw material deposits that were previously inaccessible. In a year, the company plans to test its first own drilling system under real conditions.

The venture has attracted renowned investors, with Project A leading a €5.5 million pre-seed funding round. Other undisclosed investors have also supported the Munich-based startup. Hades Mining aspires to be Europe's leading tech mining company in five years, enabling geothermal projects and securing access to critical raw materials.

Dr. Werner, with his purpose-driven approach to taking risks, wants Hades Mining to demonstrate that its technology can truly solve Europe's toughest geological problems. The company aims to address Europe's energy and raw material sovereignty, redefining the landscape of energy and resource extraction in the continent.

The idea for Hades Mining originated in discussions about Europe's future. Dr. Werner, with his previous experience in founding a startup in London and returning to Germany, brings a unique perspective to the table. Together with his co-founders, they are working to make a significant impact on Europe's energy and resource landscape.

Hades Mining's objective focuses on fortifying Europe's independence in energy and resource supply