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Open Mineral

68 employees

Open Mineral (OM) is a digitally native physical commodity trader, whereby the company combines effective use of technology with market intelligence, enabling profitable and efficient trading of raw material commodities. Open Mineral gained a differentiated technology edge in origination, sales, logistics and market intelligence, covering metals with a special focus on energy transition. Collecting, analyzing and running machine learning and AI algorithms on the data, has supported the company’s continued growth, and paved the way for strategic partnerships globally.. Since inception in 2016, the Company , which was established by ex-Glencore traders, has built an industry leading team with combined long-standing expertise in all aspects of raw materials trade and research. The Company developed the fastest growing, profitable physical trading book, allowing for a global presence in Switzerland and Abu Dhabi, as well as other key geographic jurisdictions of raw material supply and consumption. The firm’s track record has already attracted leading institutional investors, including Mubadala Investment Company, amongst others.

Investor insights

Funding rounds participated in

$33M sweet spot round size

Investor type

Privately Held

Basic info

Industry

Mining

Sectors

Mining

Date founded

2016

Funding rounds raised

Total raised

$33M

from 2 investors over 1 rounds

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Open Mineral raised $33M on October 16, 2021

Investors: Mubadala and + 5 Other investors

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