# Perpetua Resources funding: rounds and investors

> Perpetua Resources has raised $2.9B across 2 rounds since 2025. Investors include JP Morgan and JP Morgan Chase. Every round with its source.

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

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

# Who invested in *Perpetua Resources*

2 rounds we have observed, with the 2 investors 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.

Engineering

Raised 6 months ago

Funding summary Updated 26 Oct 2026

**$2.9B** raised across 2 rounds since 2025, from 2 sources

**$4.0M** Round **$2.9B** Debt

- **Latest round:** Debt, $2.9B May 2026
- **Step-up i:** 725×
- **Investors:** 2

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

**$4.0M** Round

**$2.9B** Debt

- **First round:** Round, $4.0M
- **Biggest round:** $2.9B
- **Between rounds:** 5 months

## The rounds

- **May 2026** Debt **$2.9B** *2 returning* [JP Morgan](https://millionrounds.com/fund/jpmorgan) [JP Morgan Chase](https://millionrounds.com/fund/j-p-morgan-chase) Source recorded
- **Dec 2025** Round **$4.0M** *2 new* [JP Morgan](https://millionrounds.com/fund/jpmorgan) [JP Morgan Chase](https://millionrounds.com/fund/j-p-morgan-chase) Source recorded

## Founders and team

From Perpetua Resources's own website: 11 on the team.

- **Ryan Vogt** Vice President, Finance
- **Jon Cherry** President, CEO & Director
- **Mark Murchison** Chief Financial Officer
- **Alex Sternhell** Director
- **Andrew Cole** Director
- **Bob Dean** Director
- **Chris Robison** Director
- **Jeff Malmen** Director
- **Laura Dove** Director
- **Marcelo Kim** Chairman
- **Rich Haddock** Director

## Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

**Round** 2025 **Debt** 2026 [JP Morgan](https://millionrounds.com/fund/jpmorgan) [JP Morgan Chase](https://millionrounds.com/fund/j-p-morgan-chase)

## Everyone who backed them

[JP Morgan](https://millionrounds.com/fund/jpmorgan) Investment bank **2** rounds

[JP Morgan Chase](https://millionrounds.com/fund/j-p-morgan-chase) Corporate VC **2** rounds

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

## Quick answers about Perpetua Resources

### Who invested in Perpetua Resources?

Perpetua Resources's investors include JP Morgan and JP Morgan Chase.

### How much has Perpetua Resources raised?

Perpetua Resources has raised $2.9B across 2 rounds since 2025.

### When did Perpetua Resources last raise?

Perpetua Resources's most recent round was a Debt of $2.9B in May 2026.

### What was Perpetua Resources's biggest round?

Its most recent round, $2.9B in May 2026, is also its largest on record.

### Who backed Perpetua Resources first?

Perpetua Resources's first round on record, in Dec 2025, was backed by JP Morgan and JP Morgan Chase.

### What stage is Perpetua Resources at?

Perpetua Resources's latest named round is a Debt, in May 2026.

### Where is Perpetua Resources based?

Perpetua Resources is based in the United States.

## Companies like Perpetua Resources

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

[**Mach9** $46M · Oct 2026](https://millionrounds.com/company/mach9)[**Applied Intuition** $640M · Oct 2026](https://millionrounds.com/company/applied-intuition)[**Aikido Technologies** $5.7M · Oct 2026](https://millionrounds.com/company/aikido-technologies)[**Cognition** $3.0B · Sept 2026](https://millionrounds.com/company/cognition)[**Thermolic** $500K · Sept 2026](https://millionrounds.com/company/thermolic)[**Terragrit LLC** $40M · Sept 2026](https://millionrounds.com/company/terragrit-llc)

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