About Phoenix Global
Phoenix Global is a company based in Dubai (United Arab Emirates) founded in 2001 was acquired by SunCoke Energy in May 2025. It operates as a Managed Services. Phoenix Global has raised $56.2 million across 5 funding rounds from investors including ICICI Bank, BNP Paribas and First Abu Dhabi Bank. Phoenix Global offers products and services including Metal Recovery & Scrap Processing, Scrap Management, Melt Shop Operations, Co-Product Processing & Marketing, and Logistics.
- Headquarter Dubai, United Arab Emirates
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Sectors
Industrial Goods & Manufacturing
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Phoenix Services Llc
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$56.2 M (USD)
in 5 rounds
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Latest Funding Round
$4 M (USD), Series B
Jul 17, 2018
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Investors
ICICI Bank
& 7 more
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Employee Count
Employee Count
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Acquired by
SunCoke Energy
(May 28, 2025)
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Products & Services of Phoenix Global
Phoenix Global offers a comprehensive portfolio of products and services, including Metal Recovery & Scrap Processing, Scrap Management, Melt Shop Operations, Co-Product Processing & Marketing, and Logistics. 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.
High metal recovery rates are achieved in processing plants.
Operational efficiency is ensured from reception to delivery design.
Melt shops are operated with safety as top priority.
Quality products are produced to meet current market demands.
Inventory tracking and timely arrivals are managed with technology.
Environmental impact of steel-making is reduced through operations.
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Funding Insights of Phoenix Global
Phoenix Global has successfully raised a total of $56.2M across 5 strategic funding rounds. The most recent funding activity was a Series B round of $4 million completed in July 2018. 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.
- Total Funding Total Funding
- Total Rounds 5
- Last Round Series B — $4.0M
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First Round
First Round
(23 Apr 2009)
- Investors Count 7
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2018 | Amount | Series B - Phoenix Global | Valuation |
investors |
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| Mar, 2018 | Amount | Series B - Phoenix Global | Valuation |
investors |
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| Nov, 2017 | Amount | Debt – Conventional - Phoenix Global | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| 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 Phoenix Global
Phoenix Global has secured backing from 8 investors, including institutional and venture fund investors. Prominent investors backing the company include ICICI Bank, BNP Paribas and First Abu Dhabi Bank. 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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Private equity investments and decision-making processes are managed in the finance sector.
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Founded Year | Domain | Location | |
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Commercial bank
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Founded Year | Domain | Location | |
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Commercial banking services are provided by Rabobank from Utrecht, Netherlands.
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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
|
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 Phoenix Global
| 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 |
Financial Statements - Phoenix Global
| 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 |
Phoenix Global Comparisons
Competitors of Phoenix Global
| 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 Phoenix Global
When was Phoenix Global founded?
Phoenix Global was founded in 2001 and raised its 1st funding round 8 years after it was founded.
Where is Phoenix Global located?
Phoenix Global is headquartered in Dubai, United Arab Emirates. It is registered at Dubai, Dubai, United Arab Emirates.
Who is the current CEO of Phoenix Global?
Layle Kiplind Smith is the current CEO of Phoenix Global.
Is Phoenix Global a funded company?
Phoenix Global is a funded company, having raised a total of $56.2M across 5 funding rounds to date. The company's 1st funding round was a Debt – Conventional of $205M, raised on Apr 23, 2009.
What does Phoenix Global do?
Phoenix Global is established as a global leader in providing integrated solutions for the metals and mining industry. Services are offered across environmental management, logistics, co-product processing, melt shop operations, scrap management, and metal recovery. Operations are conducted with a focus on safety, efficiency, and sustainability. Proprietary technology and proven methodologies are utilized to maximize material and financial value for customers. The company serves various regions including North America, South America, Europe, Africa, and Asia, ensuring site performance and exceptional results through innovation and expertise in metal and alloy resources.
What products or services does Phoenix Global offer?
Phoenix Global offers Metal Recovery & Scrap Processing, Scrap Management, Melt Shop Operations, Co-Product Processing & Marketing, and 2 more products and services.
Who are Phoenix Global's investors?
Phoenix Global has 8 investors. Key investors include ICICI Bank, BNP Paribas, First Abu Dhabi Bank, Rabobank, and Shinhan Bank.