May 11, 2021
A Nelson Mullins venture capital (VC) team represented Chromo Invest in its investment in the Series A VC round of Metalshub, the first digital procurement tool and consumer-grade marketplace for raw metals. Founded in 2016 by Dr. Frank Jackel and Dr. Sebastian Kreft, Metalshub is a digital solution to the centuries-old method of buying and trading metals, the backbone of many industrial supply chains. The Eur11 Million round was led by Acton Capital and Chromo Invest and includes the participation of Point Nine and several angel investors. Chromo Invest has been an early investor in Metalshub, and our team also represented them in the Seed round. This round of funding will be used to expand their reach outside of Europe.
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