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New Deal


Announced

Completed

Mubadala Investment Company led a $33m Series C round in Open Mineral.

Financials

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Transaction Value£23m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Single Bidder

Minority

Switzerland

Private

commodity trade solutions

Cross Border

General Mining

Venture Capital

Completed

Private Equity

Friendly

Acquisition

mining commodities

Synopsis

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Mubadala Investment Company led a $33m Series C round in Open Mineral, a startup aiming to leverage greater transparency in commodities trading, with participation from Xploration Capital, Emerald Technology Ventures, Statkraft Ventures and Lingfeng Capital. Open Mineral will use the capital to continue to accelerate its growth, solidify its physical supply chain merchant activities, and advance its leading position in digitizing metal raw material trading.

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