Canada · 
Who invested in Torngat Metals?
Torngat Metals's investors include Export Development Canada and Natural Resources Canada.
2026
$11MVenture$32MVenture
Canada · Venture startup
Who invested in Torngat Metals
Funding summaryUpdated 26 Oct 2026
$43Mraised across 2 rounds since 2025, from 2 sources
$11MVenture$32MVenture
- Latest round
- Venture, $32MApr 2026
- Step-upi
- 3×
- Investors
- 2
The funding story
Each circle is a round, placed by date and sized by amount. The line above is the running total.
- First round
- Venture, $11M Oct 2025
- Biggest round
- $32M Venture · Apr 2026
- Between rounds
- 6 months from the last two
The rounds
- Apr 2026Venture$32M2 returning
Source recordedSEC filing: $11M sold
- Oct 2025Venture$11M2 new
Source recordedSEC filing: $11M sold, first sale Sept 2025
Founders and team
From Torngat Metals's own website: 8 on the team.
- Michael McCannChief Executive Officer
- Mauro FerraraVice President, Finance
- Alain WilsonChief Financial Officer
- Christine BurowChief Marketing Officer
- Mélanie DaunaisChief Human Resources Officer
- Olga KovalikChief Operating Officer
- Daniel DumasDirector
- Maryse BélangerChair of the Board of Directors
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.
Everyone who backed them
Missing a round, or an investor who was in one? Tell us.
Quick answers about Torngat Metals
How much has Torngat Metals raised?
Torngat Metals has raised $43M across 2 rounds since 2025.
When did Torngat Metals last raise?
Torngat Metals's most recent round was a Venture of $32M in Apr 2026.
What was Torngat Metals's biggest round?
Its most recent round, $32M in Apr 2026, is also its largest on record.
Who backed Torngat Metals first?
Torngat Metals's first round on record, in Oct 2025, was backed by Export Development Canada and Natural Resources Canada.
What stage is Torngat Metals at?
Torngat Metals's latest named round is a Venture, in Apr 2026.
Where is Torngat Metals based?
Torngat Metals is based in Canada.
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