When was Codelco founded?

Codelco was founded in 1971 and raised its 1st funding round 47 years after it was founded.

Where is Codelco located?

Codelco is headquartered in Santiago, Chile.

How many employees does Codelco have?

As of Jul 01, 2024, the latest employee count at Codelco is 10001 - 10000000.

Is Codelco a funded company?

Codelco is a funded company, having raised an undisclosed amount across 9 funding rounds to date. The company's 1st funding round was a $***** Conventional Debt round, raised on Nov 15, 2018.

How much is Codelco worth?

The latest valuation of Codelco is $***** as of Nov 10, 2023.

When was the latest funding round of Codelco?

Codelco's latest funding was a $***** Conventional Debt round on Dec 31, 2025, with participation from 2 investors.

Where does Codelco rank among its competitors?

Codelco ranks 2nd amongst 255 active competitors, of which 14 are funded. It stands 2nd in terms of total funding among its competitors. The most recent competitor to raise funding was Codelco, which secured $600M in Dec, 2025.

Who are the top competitors of Codelco?

Codelco's top competitors include Freeport-McMoRan, Hudbay and Lundin Mining. Among them, Codelco secured the most recent funding round in December, 2025.

Codelco - 2026 Company Profile, Funding & Competitors

Codelco is a funded company based in Santiago (Chile), founded in 1971. It operates as a Producer of copper and copper by-products. Codelco has raised an undisclosed amount in funding, with a current valuation of $*****. The company has 255 active competitors, including 14 funded and 145 that have exited. Its top competitors include companies like Freeport-McMoRan, Hudbay and Lundin Mining.

Company Details

Producer of copper and copper by-products. It maximizes the economic, environmental, and social value of its operations, contributing sustainably to the state. The company operates several mines utilizing both open-pit and underground methods. Processing includes refining to produce copper cathodes. The company publishes financial and operational results, along with sustainability reports.

Website: codelco.com
Social
Phone Number: +56 **********

Key Metrics

Founded Year

1971

Location

Santiago, Chile

Stage

Funding Raised

Latest Funding Round

Conventional Debt, Dec 31, 2025, $*****

Post Money Valuation

$***** as on Nov 10, 2023

Investors

Credit Agricole CIB & 7 more

Ranked

2^nd among 255 active competitors

Employee Count

10,001 - 10,000,000 as on Jul 01, 2024

Investment & Acquisitions

Lithium Power International

Similar Companies

Freeport-McMoRan & 161 more

View Codelco's full profile

Codelco has raised funding over 9 rounds. Its first funding round was on Nov 15, 2018. Its latest funding round was a Conventional Debt round on Dec 31, 2025 for $*****. 2 investors participated in its latest round. Codelco has 8 institutional investors.

Here is the list of recent funding rounds of Codelco:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Dec 31, 2025	6120636	Conventional Debt	4939114	2963887	3299087	1589684
2024	5349	Conventional Debt	2450	5494	5013	Credit Agricole CIB
Sep 18, 2023	7957685	Conventional Debt	7981856	6163862	6091347	8790132

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View details of Codelco's funding rounds and investors

Codelco's employee count trend

Codelco has 10,001 - 10,000,000 employees as of Jul 24. Here is Codelco's employee count trend over the years:

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Top competitors of Codelco include Freeport-McMoRan, Hudbay and Lundin Mining. Here is the list of Top 10 competitors of Codelco, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Freeport-McMoRan 1912, Phoenix (United States), Acquired	Provider of copper, gold, and molybdenum mining services	-	-	63/100
2nd	Codelco 1971, Santiago (Chile), Funding Raised	Producer of copper and copper by-products	-	Credit Agricole CIB, HSBC & 6 others	61/100
3rd	Hudbay 1927, Toronto (Canada), Public	Mining company focused on the discovery, production and marketing of base and precious metals	-	-	56/100
4th	Lundin Mining 1994, Toronto (Canada), Public	Base metals mining and exploration company focused on copper, nickel and zinc deposits	-	RBC Royal Bank, Bank of America & 3 others	56/100
5th	Bushveld Minerals 2012, Kingsburgh (South Africa), Public	Vanadium producer	-	Primorus Investments, Orion Resource Partners	53/100
6th	Euromax Resources 2004, Skopje (North Macedonia), Public	Mining and exploration company focused on copper and gold deposits	-	EBRD, NDX Group & 1 others	52/100
7th	Southern Copper 1952, Phoenix (United States), Public	Operator of integrated facilities producing copper, molybdenum, silver, and zinc	-	The Pritzker Organization	52/100
8th	Sandfire 2004, Perth (Australia), Public	Mining and exploration company focused on copper and gold resources	-	Metal Tiger, OZ Minerals	51/100
9th	Ero Copper Corp 2016, Vancouver (Canada), Public	Provider of copper mining services	-	-	50/100
10th	ARC Minerals 2017, London (United Kingdom), Public	Mining and exploration company	-	WHIreland, Hargreave Hale & 2 others	49/100