# Lucero Energy funding: rounds and investors

> Lucero Energy has raised $180M across 1 round since 2022. Investors include National Bank of Canada, Bank of Montreal (BMO) and Royal Bank of Canada.

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

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

# Who invested in *Lucero Energy*

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.

Energy

Funding summary Updated 26 Oct 2026

**$180M** raised across 1 round since 2022, from 1 source

- **Latest round:** Debt, $180M Jun 2022
- **Investors:** 3

See who backed them

## The rounds

- **Jun 2022** Debt **$180M** [National Bank of Canada](https://millionrounds.com/fund/national-bank-of-canada) [Bank of Montreal (BMO)](https://millionrounds.com/fund/bmo-financial-group) [Royal Bank of Canada](https://millionrounds.com/fund/royal-bank-of-canada) Source recorded

## Everyone who backed them

[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

[Royal Bank of Canada](https://millionrounds.com/fund/royal-bank-of-canada) Growth equity **1** round

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

## Quick answers about Lucero Energy

### Who invested in Lucero Energy?

Lucero Energy's investors include National Bank of Canada, Bank of Montreal (BMO) and Royal Bank of Canada.

### How much has Lucero Energy raised?

Lucero Energy has raised $180M across 1 round since 2022.

### When did Lucero Energy last raise?

Lucero Energy's most recent round was a Debt of $180M in Jun 2022.

### What was Lucero Energy's biggest round?

Its most recent round, $180M in Jun 2022, is also its largest on record.

### Who backed Lucero Energy first?

Lucero Energy's first round on record, in Jun 2022, was backed by National Bank of Canada, Bank of Montreal (BMO) and Royal Bank of Canada.

### What stage is Lucero Energy at?

Lucero Energy's latest named round is a Debt, in Jun 2022.

### Where is Lucero Energy based?

Lucero Energy is based in Canada.

## Companies like Lucero Energy

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

[**Kanin Energy** $100M · Sept 2026](https://millionrounds.com/company/kanin-energy)[**Summit Nanotech** $3.0M · Sept 2026](https://millionrounds.com/company/summit-nanotech)[**General Fusion** $241M · Jul 2026](https://millionrounds.com/company/general-fusion)[**NORAM Electrolysis Systems Inc** $4.0M · Jun 2026](https://millionrounds.com/company/noram-electrolysis-systems-inc)[**Foremost Clean Energy** $35K · Jun 2026](https://millionrounds.com/company/foremost-clean-energy)[**Full Circle Lithium** $3.5M · Jun 2026](https://millionrounds.com/company/full-circle-lithium)

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