What is Umicore?
Umicore, headquartered in Brussels, Belgium, is a distinguished global materials technology and recycling group. The company operates across several key business units, including Catalysis, Energy & Surface Technologies, and Recycling, providing innovative solutions and materials essential for a sustainable future. Its operations are critical in areas such as clean mobility and resource scarcity.
How much funding has Umicore raised?
Umicore has raised a total of $2.3B across 4 funding rounds:
Share Placement
$1.1B
Debt
$460.2M
Debt
$147.5M
Debt
$590M
Share Placement (2018): $1.1B with participation from Undisclosed
Debt (2019): $460.2M led by Undisclosed
Debt (2020): $147.5M supported by European Investment Bank
Debt (2020): $590M featuring Undisclosed
Key Investors in Umicore
European Investment Bank
Established in 1958 and headquartered in Luxembourg, European Investment Bank (EIB) is the European Union's nonprofit long-term lending and finance institution. It plays a crucial role in financing projects that support EU policy objectives.
What's next for Umicore?
The substantial enterprise-level funding and strategic investments indicate Umicore's strong market position and its commitment to advancing sustainable technologies. This financial backing is expected to fuel further research and development, expand its recycling capabilities, and support its growth in the rapidly evolving energy and surface technologies markets. The company is poised to leverage these resources to enhance its global footprint and drive innovation in materials science.
See full Umicore company page
