# Minery Mining Marketplace Ltda.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/minery-mining-marketplace-ltda

- Industry: Mining
- Headquarters: Sao Paulo, Brazil
- Website: www.minery.com.br
- Total disclosed funding: $0.5M
- Latest round: Seed (Nov 15, 2020)
- Investors on record: 1

## About

Minery Mining Marketplace Ltda. operates a digital marketplace that simplifies the trading of mineral commodities by connecting mining companies directly with buyers, enhancing transparency and efficiency in mineral procurement.Founded in 2018 and headquartered in Sao Paulo, Brazil, Minery Mining Marketplace Ltda. is a digital marketplace for mineral commodities. The company has successfully raised BRL 3 million in Seed funding led by Happy Capital as of November 15, 2020, bringing its total amount raised to BRL 3 million and its current valuation to BRL 8 million.Minery provides a fully digital platform that connects mining companies with buyers worldwide, facilitating access to minerals while ensuring legal compliance through its subsidiary, Certimine. The platform enhances transparency in the procurement process and serves a diverse clientele in significant mineral production regions like Brazil and other global markets.Minery generates revenue through transaction fees from its marketplace, operating on a B2B model for direct sales of mineral commodities. The company also engages in partnerships and subscription agreements to offer clients ongoing access to its platform and services, with its legal compliance certification through Certimine contributing to its revenue model.Minery plans to leverage the BRL 3 million raised in its most recent funding round to enhance its platform and expand into new markets. The company is focusing on increasing access to its services in additional regions by the end of 2022 and is developing new products to further streamline the trading process.

## Funding rounds

- Seed, Nov 15, 2020, $0.5M — Happy Capital

## Investors

- Happy Capital (https://capitalatlas.ai/funds/happy-capital) — Seed