# Newcore Gold funding: rounds and investors

> Newcore Gold has raised $14M across 2 rounds since 2025. Investors include Paradigm. Every round with its source.

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

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

# Who invested in *Newcore Gold*

2 rounds we have observed, with the one investor named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Oil & Gas

Raised 6 months ago

Funding summary Updated 26 Oct 2026

**$14M** raised across 2 rounds since 2025, from 2 sources

**$2.7M** Round **$11M** Round

- **Latest round:** Round, $11M May 2026
- **Step-up i:** 4×
- **Investors:** 1

See who backed them

## The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2026

**$2.7M** Round

**$11M** Round

- **First round:** Round, $2.7M
- **Biggest round:** $11M
- **Between rounds:** 8 months

## The rounds

- **May 2026** Round **$11M** *1 returning* [Paradigm](https://millionrounds.com/fund/paradigm) Source recorded
- **Sept 2025** Round **$2.7M** *1 new* [Paradigm](https://millionrounds.com/fund/paradigm) Source recorded

## Founders and team

From Newcore Gold's own website: 8 on the team.

- **Luke Alexander** President, CEO & Director
- **Danny Lee** CFO
- **Blayne Johnson** Lead Director
- **Doug Forster** Chairman
- **Mike Vint** Director
- **Omaya Elguindi** Director
- **Ryan King** Director
- **Sulemanu Koney** Director

## Everyone who backed them

[Paradigm](https://millionrounds.com/fund/paradigm) VC firm **2** rounds

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

## Quick answers about Newcore Gold

### Who invested in Newcore Gold?

Newcore Gold's investors include Paradigm.

### How much has Newcore Gold raised?

Newcore Gold has raised $14M across 2 rounds since 2025.

### When did Newcore Gold last raise?

Newcore Gold's most recent round was an Undisclosed round of $11M in May 2026.

### What was Newcore Gold's biggest round?

Its most recent round, $11M in May 2026, is also its largest on record.

### Who backed Newcore Gold first?

Newcore Gold's first round on record, in Sept 2025, was backed by Paradigm.

### What stage is Newcore Gold at?

Newcore Gold's latest named round is an Undisclosed round, in May 2026.

### Where is Newcore Gold based?

Newcore Gold is based in Canada.

## Companies like Newcore Gold

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

[**Quminex** $1.1M · Oct 2026](https://millionrounds.com/company/quminex)[**Hertz Energy** $3.7M · Sept 2026](https://millionrounds.com/company/hertz-energy)[**Kingfisher Metals** $15M · Jul 2026](https://millionrounds.com/company/kingfisher-metals)[**Cadillac Mines** $130M · Jul 2026](https://millionrounds.com/company/cadillac-mines)[**Errington Metals** $493K · Jun 2026](https://millionrounds.com/company/errington-metals)[**1911 Gold** $31M · Jun 2026](https://millionrounds.com/company/1911-gold)

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