# Uranium Royalty funding: rounds and investors

> Uranium Royalty has raised $63M across 2 rounds since 2024. Investors include Bank of Montreal (BMO). Every round with its source.

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

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

# Who invested in *Uranium Royalty*

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.

Manufacturing

Raised 7 months ago

Funding summary Updated 26 Oct 2026

**$63M** raised across 2 rounds since 2024, from 2 sources

**$23M** Round **$40M** Round

- **Latest round:** Round, $40M Apr 2026
- **Step-up i:** 1.7×
- **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.

2024 2025 2026

**$23M** Round

**$40M** Round

- **First round:** Round, $23M
- **Biggest round:** $40M
- **Between rounds:** 2.2 years

## The rounds

- **Apr 2026** Round **$40M** *1 returning* [Bank of Montreal (BMO)](https://millionrounds.com/fund/bmo-financial-group) Source recorded SEC filing: $813M sold
- **Feb 2024** Round **$23M** *1 new* [Bank of Montreal (BMO)](https://millionrounds.com/fund/bmo-financial-group) Source recorded SEC filing: $7.5M sold, first sale Dec 2019

## Founders and team

From Uranium Royalty's own website: 12 on the team.

- **Scott Melbye** President, CEO & Director
- **Darcy Hirsekorn** Chief Technical Officer
- **Eason Chen** Interim Chief Financial Officer
- **Amir Adnani** Chairman
- **Donna Wichers** Director
- **Financial Reports** Analyst Coverage
- **Ken Robertson** Director
- **Kevin McQuilkin** Director
- **Neil Gregson** Director
- **Peter Rozenauers** Director
- **Technical Advisor** Board of Directors
- **Vina Patel** Director

## Everyone who backed them

[Bank of Montreal (BMO)](https://millionrounds.com/fund/bmo-financial-group) Corporate VC **2** rounds

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

## Quick answers about Uranium Royalty

### Who invested in Uranium Royalty?

Uranium Royalty's investors include Bank of Montreal (BMO).

### How much has Uranium Royalty raised?

Uranium Royalty has raised $63M across 2 rounds since 2024.

### When did Uranium Royalty last raise?

Uranium Royalty's most recent round was an Undisclosed round of $40M in Apr 2026.

### What was Uranium Royalty's biggest round?

Its most recent round, $40M in Apr 2026, is also its largest on record.

### Who backed Uranium Royalty first?

Uranium Royalty's first round on record, in Feb 2024, was backed by Bank of Montreal (BMO).

### What stage is Uranium Royalty at?

Uranium Royalty's latest named round is an Undisclosed round, in Apr 2026.

### Where is Uranium Royalty based?

Uranium Royalty is based in Canada.

## Companies like Uranium Royalty

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

[**CURA** $14M · Sept 2026](https://millionrounds.com/company/cura)[**East Coast Innovation** $550K · Jul 2026](https://millionrounds.com/company/east-coast-innovation)[**Volta Metals** $358K · Jun 2026](https://millionrounds.com/company/volta-metals)[**AluQuebec** $1.1M · May 2026](https://millionrounds.com/company/aluquebec)[**Thunderstruck Resources** $1.2M · May 2026](https://millionrounds.com/company/thunderstruck-resources)[**ALU MC3** $731K · May 2026](https://millionrounds.com/company/alu-mc3)

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