The Elmet Group Co. Secures $450 Million Investment from the U.S. Department of War
Amount Raised
$450 Million
Round Type
Venture
PortlandManufacturingMiningPrecious MetalsInvestors
Description
On September 11, 2026, The Elmet Group Co. entered into a definitive investment agreement with the U.S. Department of War. The funding aims to expand and modernize the company's tungsten mining and processing capabilities
Quick answer
Elmet Group raised $450 Million in a funding round, dated September 14, 2026. Investors: United States Department Of War. Elmet Group is based in Portland, Maine, United States.
- How much did Elmet Group raise?
- Elmet Group raised $450 Million in a funding round on September 14, 2026.
- Who invested in Elmet Group?
- United States Department Of War is named as investors in this round.
- What does Elmet Group do?
- Elmet Group is a company specializing in tungsten and related materials.
- Where is Elmet Group based and how big is it?
- Elmet Group is based in Portland, Maine, United States. Fundz records about 501 employees.
- Who are the decision-makers at Elmet Group?
- Fundz holds 2 contacts at Elmet Group, including the Senior Vice President Enterprise PMO. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Mining and Precious Metals around the same time
Companies in the same sectors as Elmet Group that raised within 45 days of this round, from Fundz verified event records.
- Jiangsu Vilory Advanced Materials (VMP) raised $15M (Series C) on October 14, 2026.
- Au Gold raised $589K on October 14, 2026.
- PetroCoin Limited Liability Company raised $248M (Post-IPO Equity) on October 13, 2026.
- Lucid Group raised $400M (Debt Financing) on October 9, 2026.
- Zinara raised $380K (Pre-Seed) on October 8, 2026.
- Strikepoint Gold raised $4.5M on October 6, 2026.
Who to call at Elmet Group, and when
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Related People
Elmet Group 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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