London-based Myneral Labs reaches £9.9m valuation following new investment

Supply chain transparency provider Myneral Labs Ltd has reached a post-money valuation of £9.9m following a new investment of £100.6k. The London-based company, incorporated in 2020, develops digital infrastructure designed to support the circular economy by tracking industrial materials and packaging. This latest capital injection follows a series of smaller rounds as the business scales its blockchain and AI-powered traceability solutions.

The platform addresses the lack of visibility in global supply chains where data is often fragmented across different factory systems and partners. Myneral Labs combines AI-powered machine vision with industrial hardware to capture data directly from production lines. This technology allows enterprises in the manufacturing, retail, mining, and oil industries to verify that products are ethically sourced and sustainably manufactured. The system also measures reuse cycles and helps companies comply with regulations such as the Digital Product Passport and the Packaging and Packaging Waste Regulation.

Financial records for the year ended 30 September 2024 show the company had one employee at that time, though more recent data from LinkedIn indicates a team of six. Myneral Labs has previously secured three rounds of funding. In April 2025, the company raised £150k at a valuation of £3.6m. This followed a £56.5k round in January 2024 at a £1.7m valuation and an initial £87.6k round in July 2021 when the company was valued at £500k. The current £9.9m valuation is an increase from the £3.6m figure recorded in April 2025.

The company works with several global industrial leaders to deploy its systems in active production environments. Known partners and clients include Coca-Cola, ABB, Boliden, and the Ghana Standards Authority. These organisations use the platform to read and verify industrial codes at high speeds and manage environmental impact data. The funding documentation for this round was filed in May 2026, with the allotment of shares also occurring during that month.