# Discovery Silver funding: rounds and investors

> Discovery Silver has raised $250M across 1 round since 2025. Investors include CIBC, National Bank of Canada and Bank of Montreal (BMO).

Source: https://millionrounds.com/company/discovery-silver (Millionrounds; every figure on the page links to its filing or article)

Canada · [Funded startup](https://millionrounds.com/companies)

# Who invested in *Discovery Silver*

One round we have observed, with the 3 investors named in it. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Manufacturing

Funding summary Updated 26 Oct 2026

**$250M** raised across 1 round since 2025, from 1 source

- **Latest round:** Debt, $250M Sept 2025
- **Investors:** 3

See who backed them

## The rounds

- **Sept 2025** Debt **$250M** [CIBC](https://millionrounds.com/fund/cibc) [National Bank of Canada](https://millionrounds.com/fund/national-bank-of-canada) [Bank of Montreal (BMO)](https://millionrounds.com/fund/bmo-financial-group) Source recorded

## Everyone who backed them

[CIBC](https://millionrounds.com/fund/cibc) VC firm **1** round

[National Bank of Canada](https://millionrounds.com/fund/national-bank-of-canada) Private equity **1** round

[Bank of Montreal (BMO)](https://millionrounds.com/fund/bmo-financial-group) Corporate VC **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=discovery-silver).

## Quick answers about Discovery Silver

### Who invested in Discovery Silver?

Discovery Silver's investors include CIBC, National Bank of Canada and Bank of Montreal (BMO).

### How much has Discovery Silver raised?

Discovery Silver has raised $250M across 1 round since 2025.

### When did Discovery Silver last raise?

Discovery Silver's most recent round was a Debt of $250M in Sept 2025.

### What was Discovery Silver's biggest round?

Its most recent round, $250M in Sept 2025, is also its largest on record.

### Who backed Discovery Silver first?

Discovery Silver's first round on record, in Sept 2025, was backed by CIBC, National Bank of Canada and Bank of Montreal (BMO).

### What stage is Discovery Silver at?

Discovery Silver's latest named round is a Debt, in Sept 2025.

### Where is Discovery Silver based?

Discovery Silver is based in Canada.

## Companies like Discovery Silver

In the same sector, and raised in the last eighteen months.

[**CURA** $14M · Sept 2026](https://millionrounds.com/company/cura)[**East Coast Innovation** $550K · Jul 2026](https://millionrounds.com/company/east-coast-innovation)[**Volta Metals** $358K · Jun 2026](https://millionrounds.com/company/volta-metals)[**AluQuebec** $1.1M · May 2026](https://millionrounds.com/company/aluquebec)[**Thunderstruck Resources** $1.2M · May 2026](https://millionrounds.com/company/thunderstruck-resources)[**ALU MC3** $731K · May 2026](https://millionrounds.com/company/alu-mc3)

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