Open Mineral raises $33mln from Mubadala, others in series C investment round

Open Mineral has raised $33 million in a series C investment round that saw Mubadala Investment Co, Statkraft and Lingfeng Capital take stakes in the company.

Founded in 2017 by former Glencore asset managers Boris Eykher and Ilya Chernilovskiy, Switzerland-based Open Mineral aims to apply digital tools and transparency to the world of metal concentrates trading.

Having started with an online platform for tendering copper, zinc, lead and precious metal concentrates, the company...


Archie Hunter

Julian Luk

September 16, 2021

09:15 GMT