# Red Paramount Iron funding: rounds and investors

> Red Paramount Iron has raised $1.1M across 1 round since 2023. Investors include Mining Innovation Commercialization Accelerator. Every round with its source.

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

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

# Who invested in *Red Paramount Iron*

One round we have observed, with the one investor 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.

Climate Tech

Funding summary Updated 26 Oct 2026

**$1.1M** raised across 1 round since 2023, from 1 source

- **Latest round:** Grant, $1.1M Jun 2023
- **Investors:** 1

See who backed them

## The rounds

- **Jun 2023** Grant **$1.1M** [Mining Innovation Commercialization Accelerator](https://millionrounds.com/fund/mining-innovation-commercialization-accelerator) Source recorded

## Founders and team

From Red Paramount Iron's own website: 3 on the team.

- **MineIt Consulting Inc.** Owner's engineer
- **NewFields Canada** Funding & innovation partner
- **Sedgman Canada Ltd.** Lead consultant

Advisers *Brad Johnston* *Hon. Peter MacKay* *Peter Wells*

## Everyone who backed them

[Mining Innovation Commercialization Accelerator](https://millionrounds.com/fund/mining-innovation-commercialization-accelerator) Accelerator **1** round

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

## Quick answers about Red Paramount Iron

### Who invested in Red Paramount Iron?

Red Paramount Iron's investors include Mining Innovation Commercialization Accelerator.

### How much has Red Paramount Iron raised?

Red Paramount Iron has raised $1.1M across 1 round since 2023.

### When did Red Paramount Iron last raise?

Red Paramount Iron's most recent round was a Grant of $1.1M in Jun 2023.

### What was Red Paramount Iron's biggest round?

Its most recent round, $1.1M in Jun 2023, is also its largest on record.

### Who backed Red Paramount Iron first?

Red Paramount Iron's first round on record, in Jun 2023, was backed by Mining Innovation Commercialization Accelerator.

### What stage is Red Paramount Iron at?

Red Paramount Iron's latest named round is a Grant, in Jun 2023.

### Where is Red Paramount Iron based?

Red Paramount Iron is based in Canada.

## Companies like Red Paramount Iron

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

[**CURA** $14M · Sept 2026](https://millionrounds.com/company/cura)[**Kanin Energy** $100M · Sept 2026](https://millionrounds.com/company/kanin-energy)[**CERT Systems** $2.0M · Sept 2026](https://millionrounds.com/company/cert-systems)[**General Fusion** $241M · Jul 2026](https://millionrounds.com/company/general-fusion)[**NxLite** $13M · Jul 2026](https://millionrounds.com/company/nxlite)[**DevvStream Holdings** $1.5M · Jun 2026](https://millionrounds.com/company/devvstream-holdings)

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