When was BANIQL founded?

BANIQL was founded in 2021 and raised its 1st funding round 3 years after it was founded.

Where is BANIQL located?

BANIQL is headquartered in San Jose, United States.

Who is the current CEO of BANIQL?

Willy Halim of BANIQL. They have also founded 1 company.

How many employees does BANIQL have?

As of Jan 31, 2026, the latest employee count at BANIQL is 11.

Is BANIQL a funded company?

BANIQL is a funded company, having raised a total of $1.6M across 2 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on May 20, 2024.

When was the latest funding round of BANIQL?

BANIQL's latest funding was a $***** Seed round on Oct 13, 2025, with participation from 3 investors.

Where does BANIQL rank among its competitors?

BANIQL ranks 2nd amongst 5 active competitors, of which 4 are funded. It stands 3rd in terms of total funding among its competitors. The most recent competitor to raise funding was KoBold Metals, which secured $280M in Oct, 2025.

Who are the top competitors of BANIQL?

BANIQL's top competitors include KoBold Metals, VerAI and GreenTech Metals. Among them, KoBold Metals secured the most recent funding round in October, 2025.

BANIQL - 2026 Company Profile, Team, Funding & Competitors

BANIQL is a seed company based in San Jose (United States), founded in 2021 by SeungWan Kim, Aristotle Vergara, Eric Janua Eric Januar and Willy Halim. It operates as a Mining startup developing teach based solutions for nickel and cobalt extraction processes. BANIQL has raised $1.6M in funding from Beenext. The company has 5 active competitors, including 4 funded and 1 that has exited. Its top competitors include companies like KoBold Metals, VerAI and GreenTech Metals.

Company Details

Mining startup developing teach based solutions for nickel and cobalt extraction processes. It is a technology company that has developed process to extract nickel from laterite ore and metal scrap waste for developing batteries for EV sector.

Key Metrics

Founded Year

2021

Location

San Jose, United States

Stage

Seed

Total Funding

$1.6M in 2 rounds

Latest Funding Round

Seed, Oct 13, 2025, $*****

Investors

Beenext & 6 more

Ranked

2^nd among 5 active competitors

Employee Count

11 as on Jan 31, 2026

Similar Companies

KoBold Metals & 3 more

View BANIQL's full profile

BANIQL is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
KTSNY LLC CIN: 7271662 , United States, Active	Mar 05, 2024	-	-	-

BANIQL has raised a total funding of $1.6M over 2 rounds. Its first funding round was on May 20, 2024. Its latest funding round was a Seed round on Oct 13, 2025 for $*****. 3 investors participated in its latest round. BANIQL has 7 institutional investors.

Here is the list of recent funding rounds of BANIQL:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Oct 13, 2025	7658777	Seed	3420509	2160202	4831703	5216399
May 20, 2024	3311795	Seed	5876732	2134670	Beenext	A2D Ventures & 3 more

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View details of BANIQL's funding rounds and investors

The founders of BANIQL are SeungWan Kim, Aristotle Vergara, Eric Janua Eric Januar and Willy Halim. Willy Halim is the CEO of BANIQL.

Here are the details of BANIQL's key team members:

SeungWan Kim: Co-Founder of BANIQL.
Contact Info: 1 email address
Aristotle Vergara: Co-Founder of BANIQL.
Eric Janua Eric Januar: Co-Founder & COO of BANIQL.
Contact Info: 1 email address
Willy Halim: Co-Founder & CEO of BANIQL.
Contact Info: 1 email address

View details of BANIQL's Founder profiles and Board Members

BANIQL's employee count trend

BANIQL has 11 employees as of Jan 26. Here is BANIQL's employee count trend over the years:

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Top competitors of BANIQL include KoBold Metals, VerAI and GreenTech Metals. Here is the list of Top 10 competitors of BANIQL, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	KoBold Metals 2018, Berkeley (United States), Series D	Developer of technology and exploration projects focused on critical mineral discovery	$1.22B	T. Rowe Price, Andreessen Horowitz & 19 others	66/100
2nd	BANIQL 2021, San Jose (United States), Seed	Mining startup developing teach based solutions for nickel and cobalt extraction processes	$1.6M	Beenext, Seedstars International Ventures ... & 5 others	55/100
3rd	VerAI 2020, Boston (United States), Series B	AI platform developer for concealed mineral deposit discovery and drill-target generation	$39.4M	Insight Partners, Blumberg Capital & 2 others	47/100
4th	GreenTech Metals 2021, Perth (Australia), Public	Developer of battery minerals resource projects focused on global decarbonisation	-	-	38/100
5th	Mineflow 2024, San Francisco (United States), Seed	Developer of mineral exploration software using artificial intelligence for predictions	$500K	Y Combinator	31/100