About Open Mineral
Open Mineral is a company based in Baar (Switzerland) founded in 2017 by Ilya Chernilovskiy and Boris Eykher. Open Mineral has raised $40.75 million across 3 funding rounds from investors including Mubadala, Goldcorp and Lingfeng Capital. Open Mineral operates in a competitive market with competitors including Axora, Zhaomei, Coalurja, OpenMinex and UGLEX, among others.
- Headquarter Baar, Switzerland
- Founders Ilya Chernilovskiy, Boris Eykher
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Sectors
Natural Resources
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Phone
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Website
Locked
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Social
Locked
- Legal Name Open Mineral Limited
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Annual Revenue
$1.84 M (USD)26as on Dec 31, 2023
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Net Profit
$68.42 K (USD)21as on Dec 31, 2023
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EBITDA
Not available
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Total Equity Funding
$40.75 M (USD)
in 3 rounds
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Latest Funding Round
$33 M (USD), Series C
Sep 16, 2021
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Investors
Mubadala
& 6 more
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Employee Count
Not available
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People of Open Mineral
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Funding Insights of Open Mineral
Open Mineral has successfully raised a total of $40.75M across 3 strategic funding rounds. The most recent funding activity was a Series C round of $33 million completed in September 2021. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Open Mineral
Open Mineral has secured backing from 7 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Mubadala, Goldcorp and Lingfeng Capital.
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Lingfeng Capital is engaged in private equity fund management.
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Sustainable industrial innovation is supported through venture capital investments.
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Early-stage startups are funded across sectors by Xploration Capital.
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Investor details for Open Mineral
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Investments & Acquisitions by Open Mineral
Investment portfolio details for Open Mineral
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Financial Statements - Open Mineral
Detailed financials for Open Mineral
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Open Mineral Comparisons
Peer comparison for Open Mineral
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Competitors of Open Mineral
Open Mineral operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Axora, Zhaomei, Coalurja, OpenMinex and UGLEX, among others.
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Provider of digital transformation services
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B2B eCommerce platform for coal transactions is operated.
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A digital marketplace facilitating the trading of coal products.
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Digital platform for sourcing, marketing, and trading mineral commodities online.
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Operates as an online marketplace for coal trading.
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Detailed competitors of Open Mineral
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Latest news on Open Mineral
Complete news archive for Open Mineral
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Frequently Asked Questions about Open Mineral
Open Mineral was founded in 2017 and raised its 1st funding round 1 year after it was founded.
Open Mineral is headquartered in Baar, Switzerland. It is registered at Baar, Zug, Switzerland.
Boris Eykher is the current CEO of Open Mineral. They have also founded this company.
Open Mineral is a funded company, having raised a total of $40.75M across 3 funding rounds to date.
Annual revenue of Open Mineral is $1.84M as on Dec 31, 2023.
Open Mineral was founded in 2017 in Baar, Switzerland, as a cloud-based exchange focused on the commodities sector. Physical base metals and raw materials, including zinc, lead, copper, gold, and silver, are traded through the platform. Analytical tools are provided to support contract negotiations and execution, with operations aimed at improving efficiency and profitability for market participants.
Open Mineral has 7 investors. Key investors include Mubadala, Goldcorp, Lingfeng Capital, Emerald Technology Ventures, and Xploration Capital.