# Mining Tech Startups That Raised in 2026: Market Map of 81 Companies

> The 81 mining tech startups that raised money in 2026, mapped in 4 segments and ranked by this year's rounds: $6.1B between them. Updated nightly.

Source: https://millionrounds.com/market-maps/mining-tech-raised-2026-market-map (Millionrounds; every figure on the page links to its filing or article)

## Exploration and discovery

45

- [New Found Gold Corp.](https://millionrounds.com/company/new-found-gold-corp)
- [Solaris Resources](https://millionrounds.com/company/solaris-resources)
- [Fireweed Metals](https://millionrounds.com/company/fireweed-metals)
- [Sierra Madre](https://millionrounds.com/company/sierra-madre)
- [1911 Gold](https://millionrounds.com/company/1911-gold)
- [Atana Elements](https://millionrounds.com/company/atana-elements)
- [Lithosquare](https://millionrounds.com/company/lithosquare)
- [Cornish Lithium](https://millionrounds.com/company/cornish-lithium)
- [Silver Viper Minerals](https://millionrounds.com/company/silver-viper-minerals)
- [Newcore Gold](https://millionrounds.com/company/newcore-gold)
- [Kodiak Copper](https://millionrounds.com/company/kodiak-copper)
- [Alqem](https://millionrounds.com/company/alqem)
- [TriStar Gold](https://millionrounds.com/company/tristar-gold)
- [Firefox Gold](https://millionrounds.com/company/firefox-gold)
- [Deep Sea Rare Minerals](https://millionrounds.com/company/deep-sea-rare-minerals)
- [Viscount Mining](https://millionrounds.com/company/viscount-mining)
- [CorePlan](https://millionrounds.com/company/coreplan)
- [EMP Metals](https://millionrounds.com/company/emp-metals)
- [Kavango Resources](https://millionrounds.com/company/kavango-resources)
- [Aberdeen Minerals](https://millionrounds.com/company/aberdeen-minerals)
- [Meissner](https://millionrounds.com/company/meissner)
- [Native Mineral Resources](https://millionrounds.com/company/native-mineral-resources)
- [Maple Gold Mines](https://millionrounds.com/company/maple-gold-mines)
- [Boreal Gold](https://millionrounds.com/company/boreal-gold)

+21 more

## Rare earths and critical minerals

22

- [USA Rare Earth](https://millionrounds.com/company/usa-rare-earth)
- [Serra Verde](https://millionrounds.com/company/serra-verde)
- [Versamet Royalties](https://millionrounds.com/company/versamet-royalties)
- [Vulcan Elements](https://millionrounds.com/company/vulcan-elements)
- [Principal Mineral](https://millionrounds.com/company/principal-mineral)
- [Cyclic Materials](https://millionrounds.com/company/cyclic-materials)
- [Nth Cycle](https://millionrounds.com/company/nth-cycle)
- [Solcoa Industries](https://millionrounds.com/company/solcoa-industries)
- [Canada Nickel Company](https://millionrounds.com/company/canada-nickel-company)
- [Torngat Metals](https://millionrounds.com/company/torngat-metals)
- [Gunnison Copper](https://millionrounds.com/company/gunnison-copper)
- [Cuprum Metals](https://millionrounds.com/company/cuprum-metals)
- [Maronan Metals](https://millionrounds.com/company/maronan-metals)
- [Entellus Industries](https://millionrounds.com/company/entellus-industries)
- [Maglut Heavy Industries](https://millionrounds.com/company/maglut-heavy-industries)
- [RarEarth](https://millionrounds.com/company/rarearth)
- [ALKEMIO](https://millionrounds.com/company/alkemio)
- [Supra Elemental Recovery](https://millionrounds.com/company/supra-elemental-recovery)
- [Hit Mag](https://millionrounds.com/company/hit-mag)
- [Modal Motors](https://millionrounds.com/company/modal-motors)
- [Ascension](https://millionrounds.com/company/ascension)
- [HyProMag](https://millionrounds.com/company/hypromag)

## Lithium

10

- [Redwood Materials](https://millionrounds.com/company/redwood-materials)
- [Lithium de france](https://millionrounds.com/company/lithium-de-france)
- [Lithios](https://millionrounds.com/company/lithios)
- [Princeton Critical Minerals](https://millionrounds.com/company/princeton-critical-minerals)
- [Renewable Metals](https://millionrounds.com/company/renewable-metals)
- [CleanTech Lithium](https://millionrounds.com/company/cleantech-lithium)
- [Summit Nanotech](https://millionrounds.com/company/summit-nanotech)
- [Linca](https://millionrounds.com/company/linca)
- [EELI Technology](https://millionrounds.com/company/eeli-technology)
- [Grit Metals](https://millionrounds.com/company/grit-metals)

## Extraction and processing

4

- [Mesabi Metallics](https://millionrounds.com/company/mesabi-metallics)
- [DryFlow Magnetics](https://millionrounds.com/company/dryflow-magnetics)
- [Transition Metal Solutions](https://millionrounds.com/company/transition-metal-solutions)
- [Seloxium](https://millionrounds.com/company/seloxium)

## Segment by segment

### Exploration and discovery

45 startups · $471M raised

- [**New Found Gold Corp.**](https://millionrounds.com/company/new-found-gold-corp) New Found Gold Corp. Canada $134M
- [**Solaris Resources**](https://millionrounds.com/company/solaris-resources) Copper, Gold Growth and Discovery in the Americas Canada $50M
- [**Fireweed Metals**](https://millionrounds.com/company/fireweed-metals) Fireweed Metals is a Canadian mining exploration and development company. Canada $44M
- [**Sierra Madre**](https://millionrounds.com/company/sierra-madre) Sierra Madre is a mining and exploration company whose asset surrounds current and historic mines. Canada $36M
- [**1911 Gold**](https://millionrounds.com/company/1911-gold) 1911 Gold Corp is a gold producer which represents the next generation of exploration and production of precious and base metals. Canada $31M
- [**Atana Elements**](https://millionrounds.com/company/atana-elements) Atana Elements is a Houston-based company focused on the exploration and development of critical minerals. United States $28M
- [**Lithosquare**](https://millionrounds.com/company/lithosquare) Lithosquare is a Paris-based company specializing in geology and artificial intelligence. France $25M
- [**Cornish Lithium**](https://millionrounds.com/company/cornish-lithium) Cornish Lithium is a mineral exploration and development company supplying lithium raw materials for sustainable energy solutions. United Kingdom $18M

### Rare earths and critical minerals

22 startups · $4.9B raised

- [**USA Rare Earth**](https://millionrounds.com/company/usa-rare-earth) USA Rare Earth is a mining and advanced materials company that produces critical minerals and permanent magnets. United States $2.7B
- [**Serra Verde**](https://millionrounds.com/company/serra-verde) Serra Verde operates integrated rare earth mining and processing operations. Brazil $565M
- [**Versamet Royalties**](https://millionrounds.com/company/versamet-royalties) Versamet Royalties is a gold-copper royalty and streaming company that provides investment for sustainable mining of resources. Canada $440M
- [**Vulcan Elements**](https://millionrounds.com/company/vulcan-elements) Vulcan Elements is a U.S.-based startup manufacturer founded in 2023, specializing in rare earth magnets, particularly sintered ne United States $431M
- [**Principal Mineral**](https://millionrounds.com/company/principal-mineral) Principal Mineral is a Dallas-based company focused on developing and scaling domestic production of strategic metals, high-perfor United States $280M
- [**Cyclic Materials**](https://millionrounds.com/company/cyclic-materials) Cyclic Materials is a cleantech company based in Kingston, Ontario, Canada, with a significant presence in Toronto. Canada $150M
- [**Nth Cycle**](https://millionrounds.com/company/nth-cycle) Nth Cycle is a metal processing technology company working with battery recyclers and miners to recover production-grade critical minerals. United States $100M
- [**Solcoa Industries**](https://millionrounds.com/company/solcoa-industries) Solcoa Industries develops carbon-zero rare earth metals for critical supply chain needs and promote sustainable industrial practi United States $45M

### Lithium

10 startups · $530M raised

- [**Redwood Materials**](https://millionrounds.com/company/redwood-materials) Redwood Materials is an American company based in Carson City, Nevada, focused on creating a sustainable supply chain for lithium- United States $425M
- [**Lithium de france**](https://millionrounds.com/company/lithium-de-france) Lithium de France is an independent French operator founded in 2020 and based in Alsace. France $38M
- [**Lithios**](https://millionrounds.com/company/lithios) Lithios is a technology company that uses electrochemistry for advanced lithium extraction from tough mixtures. United States $25M
- [**Princeton Critical Minerals**](https://millionrounds.com/company/princeton-critical-minerals) Princeton Critical Minerals is a cleantech company that boosts lithium extraction and production from brine sources. United States $21M
- [**Renewable Metals**](https://millionrounds.com/company/renewable-metals) Renewable Metals is an Australian technology startup founded in 2020 and based in Welshpool, Western Australia. Australia $8.6M
- [**CleanTech Lithium**](https://millionrounds.com/company/cleantech-lithium) CleanTech Lithium produces sustainable lithium using Direct Lithium Extraction and renewable energy in Chile’s lithium triangle. Jersey $3.2M
- [**Summit Nanotech**](https://millionrounds.com/company/summit-nanotech) Summit Nanotech is a B2B company that deploys patented direct lithium extraction technology to create lithium economically and sustainably. Canada $3.0M
- [**Linca**](https://millionrounds.com/company/linca) Linca is a critical mineral recovery company that specializes in extracting lithium, nickel, and cobalt from end-of-life lithium-i New Zealand $2.9M

### Extraction and processing

4 startups · $201M raised

- [**Mesabi Metallics**](https://millionrounds.com/company/mesabi-metallics) Mesabi Metallics Company LLC develops a mining and pellet plant for iron ore in Nashwauk, Minnesota, focusing on taconite processing. United States $150M
- [**DryFlow Magnetics**](https://millionrounds.com/company/dryflow-magnetics) DryFlow Magnetics is an Australian industrial technology company founded in 2024, specializing in patented dry magnetic separation Australia $44M
- [**Transition Metal Solutions**](https://millionrounds.com/company/transition-metal-solutions) Transition Metal Solutions is a biotechnology startup founded in 2023, focused on developing custom chemical additives, referred t United States $6.0M
- [**Seloxium**](https://millionrounds.com/company/seloxium) Seloxium is a University of Oxford spin-out company revolutionising the mining, refining, and recycling sectors by selectively ext United Kingdom $1.1M

**How this map is made.** Every startup here has raised money in rounds we track, and raised in 2026. It joins the map when its sectors, read from its rounds, or the opening of its own description say it works in mining tech, and goes to the first segment whose words it carries. Each segment shows its biggest raisers this year first. Rebuilt nightly; updated 15 November 2026.

## More market maps

[All maps](https://millionrounds.com/market-maps)

[Market map **Mining tech market map** 207 startups · 5 segments · $15B](https://millionrounds.com/market-maps/mining-tech-market-map)[New wave **New mining tech startups, founded 2020 on** 60 startups · 5 segments · $2.5B](https://millionrounds.com/market-maps/new-mining-tech-startups-market-map)[Investors map **Who invests in mining tech** 38 investors · 4 segments](https://millionrounds.com/market-maps/mining-tech-investors-map)[Market map · Canada **Mining tech market map: Canada** 64 startups · 3 segments · $1.5B](https://millionrounds.com/market-maps/mining-tech-canada-market-map)[Market map · United States **Mining tech market map: United States** 61 startups · 5 segments · $8.3B](https://millionrounds.com/market-maps/mining-tech-united-states-market-map)[Market map · Europe **Mining tech market map: Europe** 35 startups · 5 segments · $2.7B](https://millionrounds.com/market-maps/mining-tech-europe-market-map)

## Who backs mining tech?

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