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Monetary Metals raises $10.5 million in its latest equity financing, exceeding the $10 million target. The funding will support the development of its Gold Yield Marketplace.
Amount Raised
$10.5 Million
Round Type
Venture - Series Unknown
ScottsdaleNatural ResourcesFinancial ServicesLending And InvestmentsDescription
Monetary Metals raised $10.5 million through equity financing, surpassing its initial target. The new capital will aid in the ongoing development of its Gold Yield Marketplace. Founded in 2012, the company challenges the view of gold as unproductive by enabling owners to earn a yield. This financing included contributions from both existing and new shareholders.
Fundz sees it the moment Monetary Metals raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Funding Insights
Based on industry dataMonetary Metals raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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