About Adriatic Metals
Adriatic Metals is a company based in Cheltenham (United Kingdom) founded in 2017 by Paul Cronin was acquired by Dundee Precious Metals in June 2025.. The company has 158 employees as of January 31, 2022. Adriatic Metals has completed 1 acquisition, including Tethyan Resources. Adriatic Metals offers products and services including Silver and Zinc.
- Headquarter Cheltenham, United Kingdom
- Employees 158 as on 31 Jan, 2022
- Founders Paul Cronin
- Stage Public
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Sectors
Natural Resources
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Adriatic Metals Limited
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Annual Revenue
$48.75 K (USD)-76as on Dec 31, 2022
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Net Profit
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EBITDA
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Latest Funding Round
$50 M (USD), Post-IPO
May 28, 2024
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Investors
EBRD
& 3 more
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Employee Count
158
as on Jan 31, 2022
- Investments & Acquisitions
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Acquired by
Dundee Precious Metals
(Jun 13, 2025)
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Products & Services of Adriatic Metals
Adriatic Metals offers a comprehensive portfolio of products and services, including Silver and Zinc. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Silver is produced and marketed for industrial and other uses as part of mining activities
Zinc is produced as metal concentrates for supply to smelters and other applications
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Funding Insights of Adriatic Metals
- Total Funding Total Funding
- Total Rounds 5
- Last Round Post-IPO — $50.0M
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First Round
First Round
(20 Nov 2018)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2024 | Amount | Post-IPO - Adriatic Metals | Valuation |
investors |
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| Dec, 2020 | Amount | Post-IPO - Adriatic Metals | Valuation |
investors |
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| Oct, 2020 | Amount | Post-IPO - Adriatic Metals | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Adriatic Metals
Adriatic Metals has secured backing from 4 investors, including institutional and venture fund investors. Prominent investors backing the company include EBRD, Dundee Precious Metals and QRC. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Corporate advisory services are provided across multiple sectors.
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Founded Year | Domain | Location | |
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Long-term capital is provided to public and private resource companies.
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Founded Year | Domain | Location | |
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Copper and gold resources are mined and explored by Sandfire.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Adriatic Metals
Adriatic Metals has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Tethyan Resources. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Base metals mineral exploration is conducted by Tethyan Resources.
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1999 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Adriatic Metals
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Adriatic Metals Comparisons
Competitors of Adriatic Metals
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Adriatic Metals
When was Adriatic Metals founded?
Adriatic Metals was founded in 2017 and raised its 1st funding round 1 year after it was founded.
Where is Adriatic Metals located?
Adriatic Metals is headquartered in Cheltenham, United Kingdom. It is registered at Cheltenham, Gloucestershire, United Kingdom.
How many employees does Adriatic Metals have?
As of Jan 31, 2022, the latest employee count at Adriatic Metals is 158.
What is the annual revenue of Adriatic Metals?
Annual revenue of Adriatic Metals is $48.75K as on Dec 31, 2022.
What does Adriatic Metals do?
Adriatic Metals was established in 2017 and is based in Cheltenham, United Kingdom. Focus is placed on mineral exploration and development within the mining sector. Operations involve identifying and advancing mineral projects, particularly base and precious metals. Leadership is provided by co-founder Paul Cronin as executive director. Activities span multiple geographies, with emphasis on resource evaluation and project progression for potential production.
What products or services does Adriatic Metals offer?
Adriatic Metals offers Silver and Zinc.
How many acquisitions has Adriatic Metals made?
Adriatic Metals has made 1 acquisition, including Tethyan Resources.
Who are Adriatic Metals's investors?
Adriatic Metals has 4 investors. Key investors include EBRD, Dundee Precious Metals, QRC, and Sandfire.