New wave · Worldwide

New mining tech startups, founded 2020 on

The new wave: 60 mining tech startups founded in 2020 or later that have raised money in rounds we track, $2.5B between them, placed in 5 segments.

60startups on the map
5segments
$2.5Braised between them
Rare earths and critical mineralsmost funded segment

Exploration and discovery

20

Rare earths and critical minerals

16

Mine automation and software

10

Lithium

8

Extraction and processing

6

Segment by segment

Exploration and discovery

20 startups · $378M raised

  1. G Mining Ventures Corp.G Mining Ventures is a mineral exploration company conducting exploration and development projects.Canada$278M
  2. Atana ElementsAtana Elements is a Houston-based company focused on the exploration and development of critical minerals.United States$28M
  3. VerAI DiscoveriesVerAI Discoveries is an AI-driven mineral asset generator based in Boston, Massachusetts, with a mission to enhance mineral discovUnited States$24M
  4. McFarlane LakeMcFarlane Lake is a Canadian gold exploration and development company.Canada$15M
  5. Aberdeen MineralsAberdeen Minerals is a privately held firm that conducts mineral exploration for battery raw materials, mostly nickel and copper.United Kingdom$10M
  6. Nevada Lithium ResourcesNevada Lithium Resources is a mining company that provides acquisition, exploration, and development services for lithium resources.Canada$6.2M
  7. CorePlanCorePlan is a technology company based in Perth, Australia, specializing in an integrated drilling management platform for the minAustralia$3.5M
  8. DurinDurin is a mining technology startup founded in 2024 and based in El Segundo, California.United States$3.4M

Rare earths and critical minerals

16 startups · $1.7B raised

  1. Vulcan ElementsVulcan Elements is a U.S.-based startup manufacturer founded in 2023, specializing in rare earth magnets, particularly sintered neUnited States$1.1B
  2. Principal MineralPrincipal Mineral is a Dallas-based company focused on developing and scaling domestic production of strategic metals, high-perforUnited States$280M
  3. Cyclic MaterialsCyclic Materials is a cleantech company based in Kingston, Ontario, Canada, with a significant presence in Toronto.Canada$150M
  4. Alta Resource TechnologiesAlta Resource Technologies is a Boulder, Colorado-based deep-tech company founded in 2023.United States$33M
  5. CeiboCeibo is a Chilean mining technology company based in Santiago, specializing in advanced chemical leaching technologies for copperChile$30M
  6. Atlas MaterialsAtlas Materials is a U.S.-based startup founded in 2021 that specializes in primary metal manufacturing.United States$27M
  7. Cuprum MetalsRevolutionizing Copper Extraction: Cuprum Metals' proprietary technology leverages advanced leaching techniques to unlock previousUnited States$19M
  8. Still BrightStill Bright is a Newark, New Jersey-based private company founded in 2022.United States$19M

Mine automation and software

10 startups · $141M raised

  1. Reframe SystemsReframe Systems is a physical AI and construction technology startup focused on transforming the housing industry.United States$60M
  2. HHeavyHeavy develops robotic solutions for construction, mining, and farming to enhance safety.United States$46M
  3. Hash AIHash AI is a UK-based company that specializes in AI-powered cryptocurrency mining solutions.United Kingdom$10M
  4. ApeironApeiron is an open-source geospatial software company specializing in geology, mining, and GIS applications.Singapore$10M
  5. BluVeinBluVein develops mining machinery, robotics, and power systems.Australia$5.9M
  6. BloomfilterBloomfilter is a technology company based in Cleveland, Ohio, specializing in AI-driven process mining and process intelligence foUnited States$5.5M
  7. VERUSTRUCTVerustruct is a construction technology startup founded in 2024 by Nick Callegari, a Yale School of Management student and former United States$2.4M
  8. SkyeerSkyeer is a developer of geospatial data analytical software for construction and mining industries.United Arab Emirates$500K

Lithium

8 startups · $176M raised

  1. Lithium de franceLithium de France is an independent French operator founded in 2020 and based in Alsace.France$38M
  2. LithiosLithios is a technology company that uses electrochemistry for advanced lithium extraction from tough mixtures.United States$35M
  3. Delta LithiumDelta Lithium is a lithium gold copper explorer, mining and development company.Australia$32M
  4. Li-FT PowerLi-FT Power is a cutting-edge company focusing on identifying, exploring, discovering, and advancing early-stage lithium pegmatite projects.Canada$29M
  5. ElectraLithElectraLith develops direct lithium extraction and refining technology designed for efficient and sustainable lithium production.Australia$17M
  6. Renewable MetalsRenewable Metals is an Australian technology startup founded in 2020 and based in Welshpool, Western Australia.Australia$14M
  7. Lithium IonicLithium Ionic is a mining company exploring and developing lithium properties.Canada$11M
  8. Minerva LithiumMinerva Lithium develops direct lithium extraction technology to provide global solutions to lithium brine industries.United States$75K

Extraction and processing

6 startups · $130M raised

  1. GenominesGenomines is a deeptech and biotechnology startup based in Paris, France, with operations in Saclay.France$45M
  2. DryFlow MagneticsDryFlow Magnetics is an Australian industrial technology company founded in 2024, specializing in patented dry magnetic separationAustralia$44M
  3. MaverickXMaverickX is a chemical technology company focused on developing advanced chemistries for natural resource extraction in the oil &United States$19M
  4. SeloxiumSeloxium is a University of Oxford spin-out company revolutionising the mining, refining, and recycling sectors by selectively extUnited Kingdom$16M
  5. Transition Metal SolutionsTransition Metal Solutions is a biotechnology startup founded in 2023, focused on developing custom chemical additives, referred tUnited States$6.0M
  6. AstroForgeAstroForge is a deep-space mining company founded in 2022 and headquartered in Seal Beach, California.United States$266K

How this map is made. Every startup here has raised money in rounds we track, and was founded in 2020 or later. 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 best-funded first. Rebuilt nightly; updated 15 November 2026.

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