Alkemya Metacore Secures $50M in Pre-Launch Capital Raise for Nickel Wire Business
Alkemya Metacore SCSp has secured $50 million in a pre-launch capital raise for its precision industrial nickel wire business.
The funds will be used to finance the commercialisation strategy of transforming ultra-pure wire into engineered mesh products tailored to high-growth applications across seven sectors.
Alkemya Metacore is a Luxembourg-based investment and operating platform focused on the industrial development, commercialisation, and financial structuring of high-technology metals.
The asset, 7 million metres of 99.99% ultra-pure nickel wire with 0.025 mm diameter, has been independently verified and valued at approximately $1.64 billion.
Arvinder Sood, CEO and Director at Hanover Square Capital (UK) Ltd, said, “This milestone reflects a broader structural shift in how financial assets are created, accessed, and exchanged, as traditional frameworks increasingly converge with digital innovation.”