Schellenberg Wittmer advised Open Mineral in its USD 33 million equity financing round led by Mubadala Investment Company, to accelerate growth of Open Mineral's global digital trade platform for base metal commodities. Existing investors Xploration Capital and Emerald Technology Ventures were joined by new investors Mubadala Statkraft Ventures and Lingfeng Capital in the Series C round. Open Mineral will use the capital to continue to advance its leading position in digitizing metal raw material trading.
The team of Schellenberg Wittmer consisted of Oliver Triebold (overall lead), Marcel Jakob and Filip Majernik (all Corporate/M&A).