Metal Oxygen Separation Technologies (MOxST), a developer of technologies for producing high-purity metals and pure oxygen gas, has raised $2.5 million in a combination of venture capital and debt, according to a new filing by the company with the Securities and Exchange Commission. 12 separate investors participated in the offering.

Metal Oxygen Separation Technologies, Inc. (MOxST) is developing new technologies for producing high-purity metals and pure oxygen gas directly from metal oxides at low cost and with zero direct environmental emissions. In addition to lower emissions and energy use, our metal products will drive innovation of a new generation of energy-efficient vehicles, and will help to accelerate deployment of solar energy and rare-earth magnets for wind turbines and hybrid/electric cars by reducing their cost. The founders of MOxST have over 25 years of experience in materials process development and technology entrepreneurship.