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Principal Mineral

Principal Mineral

Private
Southlake, TexasFrontier & Industrial Techhttps://principalmineral.com

Last Round

Series A

Jun 16, 2026

Est. Valuation

$743.4M

Total Funding Raised

$280M

Company Overview

Principal Mineral operates in Frontier & Industrial Tech and is based in Southlake, Texas. Its latest recorded funding round was a Series A round in June 2026.

Principal Mineral is an industrial materials company that develops and manufactures critical mineral and material inputs for the electronics, defense, and energy industries.

Sector

Frontier & Industrial Tech

Verticals

Advanced Materials, Defense Tech, Computing Hardware, Supply Chain

Business Model

B2B

Customer Profile

Hardware Sales, Services & Consulting

AI Layer

Application

Historical Pricing

Historical view of private secondary pricing and transaction trends.

Pricing history

Caplight clients see full MarketPrice™ history and secondary transactions.

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Caplight Momentum Score

Proprietary index based on bid/ask volume and sentiment.

Momentum history

Caplight clients track how buyer interest and sentiment change over time.

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Principal Mineral Comparables

Compare Principal Mineral with similar companies based on industry and business-model similarity.

Principal Mineral comparables — related companies by embedding similarity
CompanySimilarityMarket Cap
Thintronics
78%
DuPont
76%
Panasonic Holdings Corporation
74%
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Principal Mineral Funding Rounds

Historical fundraising activity

Data table
RoundDateAmount RaisedValuationInvestorsSources
Series AJun 16, 2026
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Key People

Founding team and executive leadership

Wes Spurlock

Co-Founder & Chief Operating Officer (COO)

Founding Team

Adam Johnson

Chief Executive Officer

Executive Team

Matt Hellmuth

Chief Financial Officer

Executive Team

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Principal Mineral Investors

Notable investors and investment history

Principal Mineral investors
InvestorRounds
OvermatchSeries A
Lane42 Investment PartnersSeries A
The New Industrial CorporationSeries A
J2 VenturesSeries A
Ensemble VCSeries A

Market signals

Structured signals derived from secondary market and firmographic data.

  • Apr 27, 2026

    Grew 19% QoQ, from 16 to 19 employees.

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Recent news

Latest coverage and updates

  • acquiresAug 12, 2026

    On Aug 12th '26 in Texas, Principal Mineral announces its acquisition of Conductive Group, an advanced materials manufacturer specializing in electrically conductive composites and electromagnetic interference shielding solutions.

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Principal Mineral Filings

Explore SEC and related filing metadata, where available.

Principal Mineral filings preview — column headings only; records require access
TypeDateAmount OfferedAmount SoldFilingPagesDownload

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Frequently Asked Questions

Common questions about Principal Mineral's valuation, stock price, and market status.

Is Principal Mineral a public or private company?

Principal Mineral is a private company.

What is the current stock price of Principal Mineral?

Principal Mineral is a private company, so its shares have no public market price. Caplight tracks Principal Mineral's secondary market activity and provides MarketPrice™ estimates of its share price to Caplight users.

How much is Principal Mineral worth (valuation)?

Principal Mineral's valuation is estimated at $743.4M based on funding round data.

Can I buy Principal Mineral stock?

Principal Mineral shares may be available on secondary markets subject to transfer restrictions. Caplight facilitates secondary market transactions for accredited investors.

When was Principal Mineral's last funding round?

Principal Mineral's most recent funding round was Series A on June 16, 2026.

Who are the main investors in Principal Mineral?

Key investors in Principal Mineral include Overmatch, The New Industrial Corporation.

Will Principal Mineral IPO soon?

No public IPO plans have been announced for Principal Mineral.

How can I track Principal Mineral secondary market activity?

Caplight tracks bids, offers, and trades in Principal Mineral's shares on secondary markets.

Firmographic Details

HeadquartersSouthlake, Texas
Employee Range21
Year Founded2024
Last FundingJun 16, 2026

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