Open Mineral logo — Metal commodity trade solutions enabled by a commercial and...

Open Mineral

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

Founded 2016 Switzerland Baar, Switzerland 65 employees Series C Total: $40.80M

General Information

Company Name Open Mineral
Founded Year 2016
Location Switzerland Baar, Switzerland +6
Employees 65
Funding Stage Series C
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About Open Mineral

Open Mineral, with its slogan "Metal commodity trade solutions enabled by a commercial and market intelligence platform," is redefining the landscape of digital commodity trading since its founding in 2016. Based in Switzerland and founded by ex-Glencore traders, the company has successfully melded technology with extensive market knowledge to deliver profitable and efficient trading of raw materials.

Open Mineral's technology-centric approach leverages machine learning and AI to distinguish itself in key areas like origination, sales, logistics, and market intelligence. This has positioned the company as a leader in the rapidly evolving energy transition sector. Their robust trading platform has enabled them to maintain a strong global presence, notably in Switzerland and Abu Dhabi.

The company secured a $33.00M Series C investment on 01 September 2021 from notable investors including Emerald Technology Ventures, Lingfeng Capital, Mubadala Capital, Xploration Capital, and Statkraft, affirming the industry's confidence in their growth trajectory.

Taxonomy: Digital Commodity Trading, Market Intelligence, Technology Integration, Raw Material Commodities, Energy Transition Metals, AI Algorithms, Trade Execution, Physical Trading, Strategic Partnerships, Supply Chain Optimization, Base Metals, Precious Metals, Institutional Investment, Trade Services

Services & Products

Procurement
Financing
Logistics
Distribution

Target Customers

Metal Producers Metal Consumers Investors in Commodity Trading Logistics Partners

Funding Rounds & Investors (3)

View All
Funding Stage Amount Investors Lead Investors Date
Series C •••••• 5
Investor Investor Investor Investor
•••• ••••
01 Sep 2021
Series B •••••• 4
Investor Investor Investor
•••• ••••
01 Nov 2018
Seed •••••• 2
Investor
•••• ••••
01 Apr 2018

Open Mineral Alternatives & Competitors

View All Alternatives
Open Mineral vs
CCMA, LLC
CCMA, LLC United States

CCMA is an independent, knowledgeable and innovative trading house focused on metals, alloys, and ot...

58 employees
Logistics, Marketing
Open Mineral vs
JBE resources Inc
JBE resources Inc United States

With three decades of expertise, JBE Resources Inc. is a privately owned and operated business

51-200 employees
Open Mineral vs
Tradewind Markets
Tradewind Markets United States

A digital platform for precious metals.

Acquired
2 employees
Blockchain, Financial Services

FAQ About Open Mineral

Metal commodity trade solutions enabled by a commercial and market intelligence platform
Open Mineral was founded in 2016.
Open Mineral is headquartered in Baar, Switzerland.
Open Mineral has approximately 65 employees.
Open Mineral has completed 3 funding rounds, raising a total of $40.80M. The latest funding stage is Series C.
Open Mineral offers: Procurement, Financing, Logistics, Distribution.
Top alternatives and competitors to Open Mineral include CCMA, LLC, JBE resources Inc, Tradewind Markets, TRADIUM GmbH, Steel Plus Trading. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Open Mineral and CCMA, LLC are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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