# Top 50 Mining Technology Startups Worldwide by Funding (2026)

> The 50 best-funded mining technology startups worldwide, ranked by total funding raised: $38B combined.

Source: https://millionrounds.com/top-lists/mining-technology-startups (Millionrounds; every figure on the page links to its filing or article)

- 1 [**Crusoe** Crusoe is an energy-first AI infrastructure company that develops and operates large-scale, AI-optimized data centers powered by clean energy sources.](https://millionrounds.com/company/crusoe) Crusoe is an energy-first AI infrastructure company that develops and operates large-scale, AI-optimized data centers powered by clean energy sources. *Founded* 2018 Denver, United States **$9.9B** last round Sept 2026
- 2 [**Core Scientific** Core Scientific operates blockchain data centers and manufactures digital currency mining servers.](https://millionrounds.com/company/core-scientific) Core Scientific operates blockchain data centers and manufactures digital currency mining servers. *Founded* 2017 Dover, United States **$5.4B** last round Aug 2026
- 3 [**Hut 8 Corp.** Hut 8 Corp.](https://millionrounds.com/company/hut-8-corp) Hut 8 Corp. *Founded* - Toronto, Canada **$4.3B** last round Jun 2026
- 4 [**USA Rare Earth** USA Rare Earth is a mining and advanced materials company that produces critical minerals and permanent magnets.](https://millionrounds.com/company/usa-rare-earth) USA Rare Earth is a mining and advanced materials company that produces critical minerals and permanent magnets. *Founded* 2019 Stillwater, United States **$2.7B** last round Sept 2026
- 5 [**Trident Royalties plc** Trident Royalties is a mining royalty company.](https://millionrounds.com/company/trident-royalties-plc) Trident Royalties is a mining royalty company. *Founded* 2018 London, United Kingdom **$2.3B** last round Mar 2024
- 6 [**KoBold Metals** KoBold Metals is a scientific mineral exploration and development company based in Berkeley, California.](https://millionrounds.com/company/kobold-metals) KoBold Metals is a scientific mineral exploration and development company based in Berkeley, California. *Founded* 2018 Berkeley, United States **$1.5B** last round Nov 2025
- 7 [**Redwood Materials** Redwood Materials is an American company based in Carson City, Nevada, focused on creating a sustainable supply chain for lithium-ion batteries.](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-ion batteries. *Founded* 2017 Carson City, United States **$1.2B** last round Jan 2026
- 8 [**Cipher Mining** Cipher Mining is an industrial-scale Bitcoin mining company dedicated to expanding and strengthening the Bitcoin network's infrastructure.](https://millionrounds.com/company/cipher-mining) Cipher Mining is an industrial-scale Bitcoin mining company dedicated to expanding and strengthening the Bitcoin network's infrastructure. *Founded* - Rye, United States **$1.1B** last round Jun 2026
- 9 [**Bitdeer Technologies Group** Bitdeer is a provider of digital asset mining services for blockchain and high-performance computing.](https://millionrounds.com/company/bitdeer-technologies-group) Bitdeer is a provider of digital asset mining services for blockchain and high-performance computing. *Founded* 2021 Singapore, Singapore **$725M** last round Feb 2026
- 10 [**Serra Verde** Serra Verde operates integrated rare earth mining and processing operations.](https://millionrounds.com/company/serra-verde) Serra Verde operates integrated rare earth mining and processing operations. *Founded* 2008 Brazil **$565M** last round Feb 2026
- 11 [**Phoenix Tailings** Founded to bring a new level of sustainability and efficiency to the mining industry by enabling new sources of primary metals.](https://millionrounds.com/company/phoenix-tailings) Founded to bring a new level of sustainability and efficiency to the mining industry by enabling new sources of primary metals. *Founded* 2019 Woburn, United States **$530M** last round Jun 2026
- 12 [**TeraWulf** TeraWulf is a bitcoin mining company that produces zero-carbon energy for crypto mining.](https://millionrounds.com/company/terawulf) TeraWulf is a bitcoin mining company that produces zero-carbon energy for crypto mining. *Founded* 2021 Easton, United States **$500M** last round Oct 2025
- 13 [**Sierra Gorda SCM** Sierra Gorda SCM is a low-grade mining company that focuses on producing copper and molybdenum concentrates.](https://millionrounds.com/company/sierra-gorda-scm) Sierra Gorda SCM is a low-grade mining company that focuses on producing copper and molybdenum concentrates. *Founded* 2012 Antofagasta, Chile **$500M** last round Oct 2024
- 14 [**Versamet Royalties** Versamet Royalties is a gold-copper royalty and streaming company that provides investment for sustainable mining of resources.](https://millionrounds.com/company/versamet-royalties) Versamet Royalties is a gold-copper royalty and streaming company that provides investment for sustainable mining of resources. *Founded* - Vancouver, Canada **$440M** last round Mar 2026
- 15 [**Ionic Digital** Ionic Digital is an innovator in the bitcoin mining industry.](https://millionrounds.com/company/ionic-digital) Ionic Digital is an innovator in the bitcoin mining industry. *Founded* - Coral Gables, United States **$400M** last round Jun 2026
- 16 [**Bitmain** BITMAIN, formally known as Bitmain Technologies Ltd., is a leading manufacturer of digital currency mining servers, recognized for its ANTMINER brand of ASIC-ba](https://millionrounds.com/company/bitmain) BITMAIN, formally known as Bitmain Technologies Ltd., is a leading manufacturer of digital currency mining servers, recognized for its ANTMINER brand of ASIC-ba *Founded* 2013 Vancouver, China **$400M** last round Jun 2018
- 17 [**Mariana Minerals** Mariana Minerals is a software-first, vertically integrated minerals company founded in 2023-2024, with headquarters in San Francisco, California, and major ope](https://millionrounds.com/company/mariana-minerals) Mariana Minerals is a software-first, vertically integrated minerals company founded in 2023-2024, with headquarters in San Francisco, California, and major ope *Founded* 2009 San Francisco, United States **$384M** last round Aug 2026
- 18 [**Ramaco Resources** Ramaco Resources is a coal mining company that operates and develops metallurgical coal mines.](https://millionrounds.com/company/ramaco-resources) Ramaco Resources is a coal mining company that operates and develops metallurgical coal mines. *Founded* 2011 Lexington, United States **$350M** last round Dec 2025
- 19 [**Generation Mining** Generation Mining is a mineral development company that focuses on zinc and molybdenum projects in Canada.](https://millionrounds.com/company/generation-mining) Generation Mining is a mineral development company that focuses on zinc and molybdenum projects in Canada. *Founded* 2018 Toronto, Canada **$311M** last round Jun 2026
- 20 [**Triple Flag Precious Metals** Triple Flag operates as a streaming and royalty company that provides financing solutions to the mining industry.](https://millionrounds.com/company/triple-flag-precious-metals) Triple Flag operates as a streaming and royalty company that provides financing solutions to the mining industry. *Founded* 2016 Toronto, Canada **$300M** last round May 2026
- 21 [**Endeavour Silver**](https://millionrounds.com/company/endeavour-silver) *Founded* - Canada **$300M** last round Dec 2025
- 22 [**G Mining Ventures Corp.** G Mining Ventures is a mineral exploration company conducting exploration and development projects.](https://millionrounds.com/company/g-mining-ventures-corp) G Mining Ventures is a mineral exploration company conducting exploration and development projects. *Founded* 2020 Brossard, Canada **$278M** last round Oct 2025
- 23 [**Tungsten West** Tungsten West is a mining development company.](https://millionrounds.com/company/tungsten-west) Tungsten West is a mining development company. *Founded* 2019 London, United Kingdom **$261M** last round Aug 2026
- 24 [**GDA** GDA is an industrial-scale Bitcoin mining company](https://millionrounds.com/company/gda) GDA is an industrial-scale Bitcoin mining company *Founded* 2013 Houston, United States **$251M** last round Apr 2022
- 25 [**Volcano Energy** Volcano Energy is a bitcion mining company that also promotes energy competitiveness, diversity, and expansion for the bitcoin network.](https://millionrounds.com/company/volcano-energy) Volcano Energy is a bitcion mining company that also promotes energy competitiveness, diversity, and expansion for the bitcoin network. *Founded* 2023 Metapán, El Salvador **$250M** last round Jun 2023
- 26 [**Corex Holding** CoreX Holding is an industrial conglomerate that operates mining, metals, energy and logistics.](https://millionrounds.com/company/corex-holding) CoreX Holding is an industrial conglomerate that operates mining, metals, energy and logistics. *Founded* - Sariyer, Türkiye **$180M** last round Apr 2026
- 27 [**South32 Hermosa** South32's Hermosa project is the only advanced mine development project in the United States.](https://millionrounds.com/company/south32-hermosa) South32's Hermosa project is the only advanced mine development project in the United States. *Founded* - Patagonia, United States **$166M** last round Sept 2024
- 28 [**3D Robotics** 3DR makes advanced drone technology easily accessible to the construction, mining, and surveying industries for use in data analysis.](https://millionrounds.com/company/3d-robotics) 3DR makes advanced drone technology easily accessible to the construction, mining, and surveying industries for use in data analysis. *Founded* 2009 San Diego, United States **$152M** last round Apr 2017
- 29 [**K92 Mining** K92 Mining has commenced gold production from the Irumafimpa Gold Deposit.](https://millionrounds.com/company/k92-mining) K92 Mining has commenced gold production from the Irumafimpa Gold Deposit. *Founded* 2010 Vancouver, Canada **$150M** last round Sept 2023
- 30 [**Turner Mining Group** Turner Mining Group is a team of experienced mining industry professionals performing a full spectrum of mine services from coast to coast.](https://millionrounds.com/company/turner-mining-group) Turner Mining Group is a team of experienced mining industry professionals performing a full spectrum of mine services from coast to coast. *Founded* 2017 Bloomington, United States **$150M** last round Apr 2026
- 31 [**New Found Gold Corp.** New Found Gold Corp.](https://millionrounds.com/company/new-found-gold-corp) New Found Gold Corp. *Founded* 2015 Toronto, Canada **$134M** last round Apr 2026
- 32 [**Cadillac Mines** Cadillac Mines is a privately held Canadian mining firm run by a diversified and experienced team of specialists.](https://millionrounds.com/company/cadillac-mines) Cadillac Mines is a privately held Canadian mining firm run by a diversified and experienced team of specialists. *Founded* - Toronto, Canada **$130M** last round Jul 2026
- 33 [**Fleet Space Technologies** Fleet Space Technologies is an Australian space company based in Adelaide, South Australia.](https://millionrounds.com/company/fleet-space-technologies) Fleet Space Technologies is an Australian space company based in Adelaide, South Australia. *Founded* 2015 Adelaide, Australia **$107M** last round Dec 2024
- 34 [**Sweetwater Royalties** Sweetwater Royalties manages land and mineral rights for resource and energy development.](https://millionrounds.com/company/sweetwater-royalties) Sweetwater Royalties manages land and mineral rights for resource and energy development. *Founded* - Lakewood, United States **$100M** last round Apr 2024
- 35 [**MAR mining** MAR mining is a digital asset and cloud mining service provider.](https://millionrounds.com/company/mar-mining) MAR mining is a digital asset and cloud mining service provider. *Founded* 2018 London, United Kingdom **$100M** last round May 2024
- 36 [**CrytocoinMiner** CrytocoinMiner is a cryptocurrency cloud-mining platform providing a full range of cloud-mining contracts.](https://millionrounds.com/company/crytocoinminer) CrytocoinMiner is a cryptocurrency cloud-mining platform providing a full range of cloud-mining contracts. *Founded* - Slough, United Kingdom **$100M** last round Nov 2024
- 37 [**Seurat Technologies** Seurat Technologies is a contract metal manufacturer based in Wilmington, Massachusetts.](https://millionrounds.com/company/seurat-technologies) Seurat Technologies is a contract metal manufacturer based in Wilmington, Massachusetts. *Founded* 2015 Wilmington, United States **$99M** last round Oct 2023
- 38 [**ElementUSA** ElementUSA is a mining firm that produces critical materials from mineral and metallic waste for products.](https://millionrounds.com/company/elementusa) ElementUSA is a mining firm that produces critical materials from mineral and metallic waste for products. *Founded* - Gramercy, United States **$97M** last round Jun 2026
- 39 [**Kinterra Capital** Kinterra Capital is a private equity firm focused on investing in the critical metals required to advance the energy transition.](https://millionrounds.com/company/kinterra-capital) Kinterra Capital is a private equity firm focused on investing in the critical metals required to advance the energy transition. *Founded* - Toronto, Canada **$80M** last round Sept 2025
- 40 [**Canaan Inc.**](https://millionrounds.com/company/canaan-inc) *Founded* - China **$72M** last round Nov 2025
- 41 [**Andean Precious Metals** Andean Precious Metals focused precious metals producer that owns and operates the San Bartolomé project.](https://millionrounds.com/company/andean-precious-metals) Andean Precious Metals focused precious metals producer that owns and operates the San Bartolomé project. *Founded* 2018 Vancouver, Canada **$69M** last round Jan 2026
- 42 [**China Nonferrous Gold** China Nonferrous Gold Limited mines, explores, and develops mineral properties the United Kingdom, the People’s Republic of China.](https://millionrounds.com/company/china-nonferrous-gold) China Nonferrous Gold Limited mines, explores, and develops mineral properties the United Kingdom, the People’s Republic of China. *Founded* 2013 London, United Kingdom **$65M** last round Jun 2023
- 43 [**SafeAI** SafeAI develops autonomous driving technology for heavy-equipment vehicles used in the construction and mining industries.](https://millionrounds.com/company/safeai) SafeAI develops autonomous driving technology for heavy-equipment vehicles used in the construction and mining industries. *Founded* 2017 Santa Clara, United States **$64M** last round Dec 2022
- 44 [**Esper**](https://millionrounds.com/company/esper) *Founded* - United States **$63M** last round Mar 2026
- 45 [**Reframe Systems** Reframe Systems is a physical AI and construction technology startup focused on transforming the housing industry.](https://millionrounds.com/company/reframe-systems) Reframe Systems is a physical AI and construction technology startup focused on transforming the housing industry. *Founded* 2021 Andover, United States **$60M** last round Aug 2026
- 46 [**Gutsy** Gutsy is a cybersecurity company that offers a security process fabric platform designed to unify vulnerability intelligence across various technology stacks.](https://millionrounds.com/company/gutsy) Gutsy is a cybersecurity company that offers a security process fabric platform designed to unify vulnerability intelligence across various technology stacks. *Founded* 2022 Baton Rouge, United States **$59M** last round Sept 2026
- 47 [**Vox Royalty** Vox Royalty is a growth precious metals royalty and streaming company](https://millionrounds.com/company/vox-royalty) Vox Royalty is a growth precious metals royalty and streaming company *Founded* 2014 George Town, Cayman Islands **$55M** last round Sept 2025
- 48 [**Emerita Resources** A Premier Zinc Exploration Platform.](https://millionrounds.com/company/emerita-resources) A Premier Zinc Exploration Platform. *Founded* 2012 Toronto, Canada **$50M** last round Sept 2025
- 49 [**Solaris Resources** Copper, Gold Growth and Discovery in the Americas](https://millionrounds.com/company/solaris-resources) Copper, Gold Growth and Discovery in the Americas *Founded* 2018 Vancouver, Canada **$50M** last round Apr 2026
- 50 [**DataLane** DataLane is a management consulting company that offers process mining, planning and resource optimization, and innovation labs.](https://millionrounds.com/company/datalane) DataLane is a management consulting company that offers process mining, planning and resource optimization, and innovation labs. *Founded* 2018 United States **$48M** last round Dec 2025

**Total funding** how the list is ranked

**15 November 2026** updated nightly

**Rounds we track** source: Millionrounds

Companies whose own description names this theme, ranked by the total they have raised in rounds we hold. Nobody pays to be on a list.

## Who backed them?

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