About Sierra Rutile
Sierra Rutile is a company based in Sierra Leone founded in 1997 was acquired by Leonoil in September 2024.. Sierra Rutile has raised $127.53 million across 7 funding rounds from investors including Nedbank, International Finance Corporation and Iluka. Sierra Rutile offers products and services including Rutile and Mining Operations.
- Headquarter Sierra Leone
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Sierra Rutile
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of Sierra Rutile
Sierra Rutile offers a comprehensive portfolio of products and services, including Rutile and Mining Operations. 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-grade rutile is produced for use in the titanium feedstock market
Mining activities are managed in Area 1 and Sembehun to deliver value and support resource extraction
Unlock access to complete
Funding Insights of Sierra Rutile
Sierra Rutile has successfully raised a total of $127.53M across 7 strategic funding rounds. The most recent funding activity was a Post-IPO round of $60 million completed in July 2019. 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 7
- Last Round Post-IPO — $60.0M
-
First Round
First Round
(01 Aug 2005)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2019 | Amount | Post-IPO - Sierra Rutile | Valuation |
investors |
|
| Apr, 2016 | Amount | Post-IPO - Sierra Rutile | Valuation |
investors |
|
| Sep, 2015 | Amount | Debt – Conventional - Sierra Rutile | 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 |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Sierra Rutile
Sierra Rutile has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include Nedbank, International Finance Corporation and Iluka. 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 |
|---|---|---|---|---|
|
IFC is focused on private sector development in emerging markets.
|
Founded Year | Domain | Location | |
|
Nedbank is recognized as a provider of personal and business banking services.
|
Founded Year | Domain | Location | |
|
Mineral sands deposits are mined and explored by Iluka.
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Sierra Rutile
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - Sierra Rutile
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Sierra Rutile Comparisons
Competitors of Sierra Rutile
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Frequently Asked Questions about Sierra Rutile
When was Sierra Rutile founded?
Sierra Rutile was founded in 1997 and raised its 1st funding round 8 years after it was founded.
Where is Sierra Rutile located?
Sierra Rutile is headquartered in Sierra Leone.
Who is the current CEO of Sierra Rutile?
Rob Hattingh is the current CEO of Sierra Rutile.
Is Sierra Rutile a funded company?
Sierra Rutile is a funded company, having raised a total of $127.53M across 7 funding rounds to date. The company's 1st funding round was a Debt – Conventional of $15M, raised on Aug 01, 2005.
What does Sierra Rutile do?
Sierra Rutile was established in 1997 in Sierra Leone, where operations focus on the mining and production of rutile, ilmenite, and zircon minerals. The company operates within the natural resources sector, extracting and processing these titanium-bearing sands from coastal deposits. Activities are centered on mineral sands mining, with output directed toward international markets for industrial applications. Leadership is provided by CEO Rob Hattingh.
What products or services does Sierra Rutile offer?
Sierra Rutile offers Rutile and Mining Operations.
Who are Sierra Rutile's investors?
Sierra Rutile has 4 investors. Key investors include Nedbank, International Finance Corporation, Iluka, and Leonoil.
Book a demo & talk to our team
Share a few details and we’ll reach out to schedule a session.