London-based mining tech firm Alien Metals has successfully completed a post-IPO debt round of $1 million. The recent funding adds a feather to its cap and takes its total funding amount to an impressive $2,728,344. This round marks the second for the company, displaying steady traction in its financial journey.
Specializing in mineral and precious metals exploration, Alien Metals stands at the frontier of innovative mining technology. The company’s ongoing success in securing capital signifies its robust market position and its burgeoning reputation in the mining and service industry.
The company’s Crunchbase profile provides an insight into its financial growth, showcasing the robust investor confidence in its prospects. Despite the lack of disclosure regarding the lead investor or investor names for this round, the successful fundraise underscores the market’s trust in Alien Metals’ business model and its capacity to leverage opportunities in the mineral and mining tech landscape.
Alien Metals Ltd (LON:UFO) is a global minerals exploration and development company that will shortly make the transition to iron ore producer. The company was formed from Arian Silver in late 2018, retaining some of the companies more valuable Mexican projects before embarking on an acquisition led strategy, headed up by an excellent geological team and targeted entirely on Western Australia.
