Fundz

Techmet Receives Further $50 Million Commitment From U.S. International Development Finance Corporation At Cop28

PRIVATEDec 01, 2023

Amount Raised

$50 Million

Round Type

Funding Round

LondonMining

Investors

Trinity MetalsMomentum TechnologiesEnergy Source MineralsXerion Advanced Battery Corp.Re EtecTech Met MercuriaUs VanadiumBrazilian NickelRainbowThe Energy & Minerals GroupUK Infrastructure BankTech MetU.S. International Development Finance Corporation

Description

TechMet, a global critical minerals investment company, has secured a further $50 million commitment from the U.S. International Development Finance Corporation (DFC) as part of its latest fundraising round.

Quick answer

TechMet raised $50 Million in a Funding Round round, dated December 1, 2023. Investors: Trinity Metals, Momentum Technologies, Energy Source Minerals, Xerion Advanced Battery Corp., Re Etec, Tech Met Mercuria, Us Vanadium and Brazilian Nickel. TechMet is based in London, England, United Kingdom.

How much did TechMet raise?
TechMet raised $50 Million in a Funding Round round on December 1, 2023.
Who invested in TechMet?
Trinity Metals, Momentum Technologies, Energy Source Minerals, Xerion Advanced Battery Corp., Re Etec, Tech Met Mercuria, Us Vanadium and Brazilian Nickel are named as investors in this round.
What does TechMet do?
TechMet is a private investment company that is building projects to secure the supply of the key metals critical to the future growth of EVs, Energy Storage and Renewable Energy.
Where is TechMet based and how big is it?
TechMet is based in London, England, United Kingdom.
Who are the decision-makers at TechMet?
Fundz holds 1 contact at TechMet. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Mining around the same time

Companies in the same sectors as TechMet that raised within 45 days of this round, from Fundz verified event records.

  • Electrum Discovery raised $800K on January 15, 2024.
  • Oroco Resource raised $206K (Seed) on January 15, 2024.
  • Cantex Mine Development raised $150K (Pre-Seed) on January 12, 2024.
  • Chakana Copper raised $585K (Seed) on January 12, 2024.
  • Idaho Copper raised $2.2M (Seed) on January 12, 2024.
  • Solaris Resources raised $130M (Corporate Round) on January 11, 2024.

Who to call at TechMet, and when

A new round usually means TechMet is about to hire and buy. The teams that reach out first get the meeting.

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Company Information

Company

TechMet

Location

London, England, United Kingdom

About

TechMet is a private investment company that is building projects to secure the supply of the key metals critical to the future growth of EVs, Energy Storage and Renewable Energy. TechMet currently holds interests in both production and development assets in Africa, North America, and South America.

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