# Top 50 Oil and Gas Startups Worldwide by Funding (2026)

> The 50 best-funded oil and gas startups worldwide, ranked by total funding raised: $14B combined. With founding year, headquarters and each company's rounds.

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

- 1 [**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
- 2 [**Kore Potash** Kore Potash is an advanced stage mineral exploration and development company.](https://millionrounds.com/company/kore-potash) Kore Potash is an advanced stage mineral exploration and development company. *Founded* 2010 London, United Kingdom **$2.2B** last round Jun 2025
- 3 [**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
- 4 [**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
- 5 [**Northwind Midstream Partners** Nothwind's aim is to reduce emissions and treat off-spec natural gas by offering sustainable midstream services.](https://millionrounds.com/company/northwind-midstream-partners) Nothwind's aim is to reduce emissions and treat off-spec natural gas by offering sustainable midstream services. *Founded* 2022 Houston, United States **$700M** last round Mar 2025
- 6 [**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
- 7 [**Bit Origin Ltd**](https://millionrounds.com/company/bit-origin-ltd) *Founded* - Singapore **$500M** last round Jul 2025
- 8 [**Navitas Midstream Partners** Navitas Midstream Partners is a producer-focused midstream company.](https://millionrounds.com/company/navitas-midstream-partners) Navitas Midstream Partners is a producer-focused midstream company. *Founded* 2013 The Woodlands, United States **$500M** last round Jun 2014
- 9 [**BitMine**](https://millionrounds.com/company/bitmine) *Founded* - United States **$365M** last round Sept 2025
- 10 [**Artemis Gold** Artemis Gold is an adequately capitalized, growth-oriented gold development company that create identity value for shareholders.](https://millionrounds.com/company/artemis-gold) Artemis Gold is an adequately capitalized, growth-oriented gold development company that create identity value for shareholders. *Founded* 2019 Vancouver, Canada **$328M** last round Jan 2026
- 11 [**Saguaro Resources** Saguaro Resources focuses on the exploration, acquisition, and development of tight oil and liquid rich gas fairways.](https://millionrounds.com/company/saguaro-resources) Saguaro Resources focuses on the exploration, acquisition, and development of tight oil and liquid rich gas fairways. *Founded* 2012 Calgary, Canada **$315M** last round Sept 2013
- 12 [**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
- 13 [**Trident Energy** Trident Energy is an oil & gas company focused on the acquisition, operation and optimization of international mid-life assets.](https://millionrounds.com/company/trident-energy) Trident Energy is an oil & gas company focused on the acquisition, operation and optimization of international mid-life assets. *Founded* 2016 George Town, Cayman Islands **$300M** last round Sept 2023
- 14 [**Endeavour Silver**](https://millionrounds.com/company/endeavour-silver) *Founded* - Canada **$300M** last round Dec 2025
- 15 [**Gasoducto de Morelos** Gasoducto de Morelos offer natural gas transportation, including the measurement of quality and quantity of the product.](https://millionrounds.com/company/gasoducto-de-morelos) Gasoducto de Morelos offer natural gas transportation, including the measurement of quality and quantity of the product. *Founded* 2011 Mexico City, Mexico **$235M** last round Jan 2024
- 16 [**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
- 17 [**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
- 18 [**Mesabi Metallics**](https://millionrounds.com/company/mesabi-metallics) *Founded* - United States **$150M** last round Apr 2026
- 19 [**ReElement Technologies Corporation**](https://millionrounds.com/company/reelement-technologies-corporation) *Founded* - United States **$150M** last round Sept 2025
- 20 [**Asante Gold** Asante Gold is an exploration-stage company that is involved in the exploration and evaluation of mineral properties.](https://millionrounds.com/company/asante-gold) Asante Gold is an exploration-stage company that is involved in the exploration and evaluation of mineral properties. *Founded* 2011 Vancouver, Canada **$141M** last round Jan 2026
- 21 [**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
- 22 [**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
- 23 [**Savannah Resources** An Energy Metals Group Rapidly Advancing Western Europe’s Largest Spodumene Lithium Resource](https://millionrounds.com/company/savannah-resources) An Energy Metals Group Rapidly Advancing Western Europe’s Largest Spodumene Lithium Resource *Founded* 2010 London, United Kingdom **$128M** last round Jan 2026
- 24 [**Teal Natural Resources** Teal Natural Resources is an independent oil and gas exploration and production company based in Dallas, Texas.](https://millionrounds.com/company/teal-natural-resources) Teal Natural Resources is an independent oil and gas exploration and production company based in Dallas, Texas. *Founded* 2016 Dallas, United States **$125M** last round May 2016
- 25 [**ROVOP** ROVOP is an independent operator of ROVs that specializes in all aspects of ROV operations to offer knowledge in depth every time.](https://millionrounds.com/company/rovop) ROVOP is an independent operator of ROVs that specializes in all aspects of ROV operations to offer knowledge in depth every time. *Founded* 2011 Aberdeen, United Kingdom **$116M** last round Apr 2023
- 26 [**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
- 27 [**Tall Oak Midstream** Tall Oak Midstream is an innovative midstream company.](https://millionrounds.com/company/tall-oak-midstream) Tall Oak Midstream is an innovative midstream company. *Founded* 2014 Edmond, United States **$100M** last round Feb 2014
- 28 [**Mettle Midstream Partners, LLC** Mettle Midstream offers natural gas and oil gathering, processing, compression, treating and product marketing services.](https://millionrounds.com/company/mettle-midstream-partners-llc) Mettle Midstream offers natural gas and oil gathering, processing, compression, treating and product marketing services. *Founded* 2018 Dallas, United States **$100M** last round Mar 2018
- 29 [**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
- 30 [**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
- 31 [**EnergyX**](https://millionrounds.com/company/energyx) *Founded* - United States **$97M** last round Jan 2025
- 32 [**Filo Corp** Filo Corp is an exploration company advancing its copper-gold-silver project.](https://millionrounds.com/company/filo-corp) Filo Corp is an exploration company advancing its copper-gold-silver project. *Founded* 2016 Vancouver, Canada **$84M** last round Aug 2024
- 33 [**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
- 34 [**Snowline Gold** Snowline Gold is an exploration company that works with Indigenous peoples to develop the Yukon’s natural resources.](https://millionrounds.com/company/snowline-gold) Snowline Gold is an exploration company that works with Indigenous peoples to develop the Yukon’s natural resources. *Founded* 2019 Vancouver, Canada **$74M** last round Aug 2025
- 35 [**Canaan Inc.**](https://millionrounds.com/company/canaan-inc) *Founded* - China **$72M** last round Nov 2025
- 36 [**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
- 37 [**Arizona Sonoran Copper Company** Arizona Sonoran Copper Company primarily operates as a copper developer and producer.](https://millionrounds.com/company/arizona-sonoran-copper-company) Arizona Sonoran Copper Company primarily operates as a copper developer and producer. *Founded* 2019 Toronto, Canada **$69M** last round Nov 2025
- 38 [**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
- 39 [**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
- 40 [**Esper**](https://millionrounds.com/company/esper) *Founded* - United States **$63M** last round Mar 2026
- 41 [**Vision Blue Resources** Vision Blue Resources is to create a portfolio of strategic investments in clean energy-related metal and mineral resource companies.](https://millionrounds.com/company/vision-blue-resources) Vision Blue Resources is to create a portfolio of strategic investments in clean energy-related metal and mineral resource companies. *Founded* 2021 United Kingdom **$60M** last round Feb 2021
- 42 [**Kavango Resources** Kavango Resources is a mineral exploration company focusing on prospective copper, nickel, and PGE metals.](https://millionrounds.com/company/kavango-resources) Kavango Resources is a mineral exploration company focusing on prospective copper, nickel, and PGE metals. *Founded* 2017 London, United Kingdom **$57M** last round Aug 2026
- 43 [**i3 ENERGY** i3 Energy develops and produces oil and gas assets in diverse locations.](https://millionrounds.com/company/i3-energy) i3 Energy develops and produces oil and gas assets in diverse locations. *Founded* 2014 Westmill, United Kingdom **$55M** last round May 2024
- 44 [**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
- 45 [**PetroTal** PetroTal is a publicly-traded oil and gas development and production company domiciled in Calgary, Alberta.](https://millionrounds.com/company/petrotal) PetroTal is a publicly-traded oil and gas development and production company domiciled in Calgary, Alberta. *Founded* 2016 Houston, United States **$50M** last round May 2025
- 46 [**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
- 47 [**Stampede Drilling** Stampede Drilling is an energy services company that provides contract drilling services.](https://millionrounds.com/company/stampede-drilling) Stampede Drilling is an energy services company that provides contract drilling services. *Founded* 2011 Calgary, Canada **$50M** last round Sept 2023
- 48 [**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
- 49 [**ComboCurve** ComboCurve is a Houston-based energy technology company founded in 2017.](https://millionrounds.com/company/combocurve) ComboCurve is a Houston-based energy technology company founded in 2017. *Founded* 2017 Houston, United States **$50M** last round Apr 2022
- 50 [**Rivan**](https://millionrounds.com/company/rivan) *Founded* 2026 United Kingdom **$47M** last round Apr 2026

**Total funding** how the list is ranked

**15 November 2026** updated nightly

**Rounds we track** source: Millionrounds

Companies whose funding rounds we classed as this sector, 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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## More oil and gas lists

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