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Open Mineral is a global metal trader specializing in procurement, financing, logistics, and distribution of raw and refined metals. Founded in 2016 by former Glencore traders, it leverages advanced…

Open Mineral is a global metal trader specializing in procurement, financing, logistics, and distribution of raw and refined metals. Founded in 2016 by former Glencore traders, it leverages advanced…
Founded: 2016
Headquarters: Zug, Switzerland
Business: AI-powered global metals trader (physical + data/derivatives)
Employee count: 77
Total funding: USD 40,690,000
Notable investor: Mubadala (lead, Series C)
Inefficiencies in metals procurement, financing, logistics and price discovery for base, precious and battery metals.
2016
Commodities / Metals Trading
USD 2,250,000
USD 33,000,000
Series C included new investors Statkraft and Lingfeng Capital alongside existing investors.
“Includes strategic and institutional investors such as Mubadala; participation from energy/technology investors (Statkraft, Lingfeng Capital, Xploration Capital, Emerald Technology Ventures) signals interest from sovereign and strategic backers.”
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