Funding round
Serra Verde Group Growth
Reported as "Growth Equity"
Serra Verde Group, which works in rare earth element development in Minaçu, raised $150M in a Growth round announced on 21 Oct 2024, led by Energy and Minerals Group and Vision Blue. 3 firms took part, 3 of them already investors. It is Serra Verde Group's first venture round on record.
$150M
Amount raised
Not disclosed
Post-money valuation
3
Investors
2 leads
Valuation
What this round says about the price
Serra Verde Group did not disclose a valuation in this round. It is Serra Verde Group's first venture round on record, 1 year after it was founded in 2023. It is 21% of the $715M Serra Verde Group has raised in the venture rounds on record. Serra Verde Group raised again 16 months later: a Growth round of $565M in Feb 2026.
Serra Verde Group's funding rounds
Serra Verde Group has 2 venture rounds on record. This one is highlighted.
- Growth this round 21 Oct 2024, led by Energy and Minerals Group and Vision Blue $150M
- Growth 5 Feb 2026 $565M
Investors
Who put money in
Energy and Minerals Group and Vision Blue led the round with 1 other firm. Energy and Minerals Group, Vision Blue and Denham Capital had backed Serra Verde Group before.
Lead investors
- Energy and Minerals Group existing investor
- existing investor
Also in the round
- backs 3 venture-backed companies existing investor
Use of proceeds
What the money is for
According to the announcement, the money goes to scaling operations and working capital.
- Scaling operations
- Working capital
Comparable rounds
How it compares
The closest in time, other companies' Growth rounds in Mining & Gas Exploration:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| KoBold Metals Mining & Gas Exploration | 1 Oct 2024 | $492M | $2.00B | not named |
| Mining & Gas Exploration | 1 Oct 2024 | $341M | not disclosed | not named |
| Mining & Gas Exploration | 22 Apr 2024 | $50M | not disclosed | not named |
| Mining & Gas Exploration | 29 Sep 2025 | $169M | not disclosed | not named |
Sources
Where this comes from
Reported by 3 sources.
Questions
Frequently asked
How much did Serra Verde Group raise in its Growth round?
Serra Verde Group raised $150M in its Growth round, announced in Oct 2024.
Who led Serra Verde Group's Growth round?
Energy and Minerals Group and Vision Blue led it, with Denham Capital.
What was Serra Verde Group's valuation at the Growth round?
It was not disclosed.
Did Serra Verde Group raise again after this round?
Yes: a Growth round in Feb 2026 of $565M.