Open Mineral

Metal commodity trade solutions enabled by a commercial and market intelligence platform

General Information
Company Name
Open Mineral
Founded Year
2016
Location (Offices)
Baar, Switzerland +6
Founders / Decision Makers
Number of Employees
68
Industries
E-Commerce, Internet
Funding Stage
Series C
Social Media

Open Mineral - Company Profile

Open Mineral (OM) is a digital commodity trader that leverages technology and market intelligence to facilitate efficient trading of raw material commodities, with a special focus on energy transition. The company has established a strong foothold in origination, sales, logistics, and market intelligence, utilizing data analysis, machine learning, and AI algorithms to drive its continued growth and forge strategic partnerships on a global scale. Founded in 2016 by ex-Glencore traders, Open Mineral has cultivated a team with extensive expertise in raw materials trade and research, enabling the development of a rapidly growing, profitable physical trading book. The company operates from Switzerland and Abu Dhabi, strategically positioning itself in key geographic locations for raw material supply and consumption. Notably, Open Mineral has attracted significant institutional investment, including a $33.00M Series C investment from prominent investors such as Emerald Technology Ventures, Mubadala, 10x Value Partners, Lingfeng Capital, Statkraft Ventures, Xploration Capital, and Polymath Digital.

Taxonomy: Physical commodity trading, Market intelligence platform, Raw material commodities, Technology-driven trading, Energy transition focus, Commercial intelligence, Logistics optimization, Machine learning and AI, Strategic partnerships, Global trade presence, Institutional investment, Efficient trade execution, Base and precious metals markets, Transparent trading, Trade services

Funding Rounds & Investors of Open Mineral (3)

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Funding Stage Amount No. Investors Investors Date
Series C $33.00M 7 16 Sep 2021
Series B €4.80M 3 Goldcorp 26 Nov 2018
Seed Round $2.25M 2 Igor Kim, Goldcorp 19 Apr 2018

Latest News of Open Mineral

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No recent news or press coverage available for Open Mineral.

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