# Top 50 Oil & Gas Startups in Canada by Funding (2026)

> The 50 best-funded oil & Gas startups in Canada, ranked by total funding raised: $2.8B combined. With founding year, headquarters and each company's rounds.

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

- 1 [**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
- 2 [**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
- 3 [**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
- 4 [**Endeavour Silver**](https://millionrounds.com/company/endeavour-silver) *Founded* - Canada **$300M** last round Dec 2025
- 5 [**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
- 6 [**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
- 7 [**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
- 8 [**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
- 9 [**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
- 10 [**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
- 11 [**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
- 12 [**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
- 13 [**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
- 14 [**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
- 15 [**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
- 16 [**Fireweed Metals** Fireweed Metals is a Canadian mining exploration and development company.](https://millionrounds.com/company/fireweed-metals) Fireweed Metals is a Canadian mining exploration and development company. *Founded* 2015 Vancouver, Canada **$44M** last round Mar 2026
- 17 [**GeologicAI** GeologicAI is a leader in geoscience data acquisition and resource modeling, founded in 2013 in Calgary, Alberta.](https://millionrounds.com/company/geologicai) GeologicAI is a leader in geoscience data acquisition and resource modeling, founded in 2013 in Calgary, Alberta. *Founded* 2013 Calgary, Canada **$44M** last round Jul 2025
- 18 [**Sailfish Royalty** Sailfish is a yield-focused royalty company.](https://millionrounds.com/company/sailfish-royalty) Sailfish is a yield-focused royalty company. *Founded* 2014 Vancouver, Canada **$40M** last round Sept 2025
- 19 [**Horizon Copper** Horizon Copper is a unique copper investment opportunity with minority ownership interests in high-grade and low-cost copper projects.](https://millionrounds.com/company/horizon-copper) Horizon Copper is a unique copper investment opportunity with minority ownership interests in high-grade and low-cost copper projects. *Founded* 2011 Vancouver, Canada **$37M** last round Sept 2024
- 20 [**Canada Nickel Company** Canada Nickel Company is a mining company that develops nickel-sulphide projects to support electric vehicle and steel markets.](https://millionrounds.com/company/canada-nickel-company) Canada Nickel Company is a mining company that develops nickel-sulphide projects to support electric vehicle and steel markets. *Founded* 2019 Toronto, Canada **$37M** last round May 2026
- 21 [**Sierra Madre** Sierra Madre is a mining and exploration company whose asset surrounds current and historic mines.](https://millionrounds.com/company/sierra-madre) Sierra Madre is a mining and exploration company whose asset surrounds current and historic mines. *Founded* 2017 Vancouver, Canada **$36M** last round May 2026
- 22 [**1911 Gold** 1911 Gold Corp is a gold producer which represents the next generation of exploration and production of precious and base metals.](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. *Founded* 2018 Vancouver, Canada **$31M** last round Jun 2026
- 23 [**Li-FT Power** Li-FT Power is a cutting-edge company focusing on identifying, exploring, discovering, and advancing early-stage lithium pegmatite projects.](https://millionrounds.com/company/li-ft-power) Li-FT Power is a cutting-edge company focusing on identifying, exploring, discovering, and advancing early-stage lithium pegmatite projects. *Founded* 2021 Vancouver, Canada **$29M** last round Dec 2025
- 24 [**Edge Copper** Edge Copper is a copper exploration and development company focused on creating a domestic copper supply.](https://millionrounds.com/company/edge-copper) Edge Copper is a copper exploration and development company focused on creating a domestic copper supply. *Founded* - Vancouver, Canada **$27M** last round Jun 2026
- 25 [**Element 29 Resources** Element 29 Resources is a copper exploration and development company.](https://millionrounds.com/company/element-29-resources) Element 29 Resources is a copper exploration and development company. *Founded* 2017 Vancouver, Canada **$26M** last round Apr 2026
- 26 [**Hercules Metals** Hercules Metals is focused on the exploration and development of a large-scale disseminated silver-lead-zinc system at Hercules.](https://millionrounds.com/company/hercules-metals) Hercules Metals is focused on the exploration and development of a large-scale disseminated silver-lead-zinc system at Hercules. *Founded* - Toronto, Canada **$23M** last round May 2026
- 27 [**TDG Gold** TDG Gold is the owner of mining claims in north-central British Columbia's historic Toodoggone Producing Corridor.](https://millionrounds.com/company/tdg-gold) TDG Gold is the owner of mining claims in north-central British Columbia's historic Toodoggone Producing Corridor. *Founded* 2011 White Rock, Canada **$18M** last round Jun 2025
- 28 [**Avanti Gold** Avanti Gold creates sustainable benefit for communities and the environment, through responsible development of gold assets.](https://millionrounds.com/company/avanti-gold) Avanti Gold creates sustainable benefit for communities and the environment, through responsible development of gold assets. *Founded* 2014 Vancouver, Canada **$18M** last round Sept 2025
- 29 [**MineSense Technologies** MineSense Technologies is a developer of a data analytics platform intended to monitor and improve the productivity and recovery of mines.](https://millionrounds.com/company/minesense-technologies) MineSense Technologies is a developer of a data analytics platform intended to monitor and improve the productivity and recovery of mines. *Founded* 2008 Vancouver, Canada **$15M** last round Jun 2015
- 30 [**McFarlane Lake** McFarlane Lake is a Canadian gold exploration and development company.](https://millionrounds.com/company/mcfarlane-lake) McFarlane Lake is a Canadian gold exploration and development company. *Founded* 2020 Sudbury, Canada **$15M** last round Jul 2025
- 31 [**Relevant Gold Corp.**](https://millionrounds.com/company/relevant-gold-corp) *Founded* - Canada **$15M** last round Mar 2026
- 32 [**Kingfisher Metals** Kingfisher Metals is an exploration company focused on efficiently exploring its district-scale gold and copper properties.](https://millionrounds.com/company/kingfisher-metals) Kingfisher Metals is an exploration company focused on efficiently exploring its district-scale gold and copper properties. *Founded* 2019 Vancouver, Canada **$15M** last round Jul 2026
- 33 [**Newcore Gold** Newcore Gold operates as a mineral exploration and junior mine development company](https://millionrounds.com/company/newcore-gold) Newcore Gold operates as a mineral exploration and junior mine development company *Founded* 2010 Vancouver, Canada **$14M** last round May 2026
- 34 [**Fury Gold Mines** Fury Gold Mines is an exploration and development company strategically positioned in three prolific mining regions.](https://millionrounds.com/company/fury-gold-mines) Fury Gold Mines is an exploration and development company strategically positioned in three prolific mining regions. *Founded* 2013 Toronto, Canada **$13M** last round Sept 2025
- 35 [**Astra Exploration** Astra Exploration is engaged in the acquisition, exploration, and development of epithermal gold-silver properties.](https://millionrounds.com/company/astra-exploration) Astra Exploration is engaged in the acquisition, exploration, and development of epithermal gold-silver properties. *Founded* - Vancouver, Canada **$11M** last round Apr 2026
- 36 [**Lithium Ionic** Lithium Ionic is a mining company exploring and developing lithium properties.](https://millionrounds.com/company/lithium-ionic) Lithium Ionic is a mining company exploring and developing lithium properties. *Founded* 2022 Toronto, Canada **$11M** last round Sept 2025
- 37 [**Kodiak Copper** Kodiak Copper Corp is an advanced exploration company focused it copper porphyry assets.](https://millionrounds.com/company/kodiak-copper) Kodiak Copper Corp is an advanced exploration company focused it copper porphyry assets. *Founded* 2014 Vancouver, Canada **$11M** last round Jun 2026
- 38 [**Santacruz Silver Mining** Santacruz Silver Mining develops, operates, and discovers silver mining assets throughout Mexico.](https://millionrounds.com/company/santacruz-silver-mining) Santacruz Silver Mining develops, operates, and discovers silver mining assets throughout Mexico. *Founded* 2011 Vancouver, Canada **$10M** last round Apr 2026
- 39 [**Yava Technologies** Yava Technologies develops and licenses mineral recovery process solutions for mining and mineral processing industries.](https://millionrounds.com/company/yava-technologies) Yava Technologies develops and licenses mineral recovery process solutions for mining and mineral processing industries. *Founded* 1990 Toronto, Canada **$8.7M** last round Jan 2014
- 40 [**American Eagle Gold** American Eagle Gold is focused on advancing its NAK property](https://millionrounds.com/company/american-eagle-gold) American Eagle Gold is focused on advancing its NAK property *Founded* - Toronto, Canada **$7.9M** last round Apr 2026
- 41 [**Candelaria Mining** Candelaria Mining is a Canadian-based gold development and exploration company.](https://millionrounds.com/company/candelaria-mining) Candelaria Mining is a Canadian-based gold development and exploration company. *Founded* 2012 Vancouver, Canada **$7.8M** last round Sept 2021
- 42 [**Euro Manganese** Euro Manganese is a Canadian mineral resource company that focuses on advancing the development of the Chvaletice Manganese Project.](https://millionrounds.com/company/euro-manganese) Euro Manganese is a Canadian mineral resource company that focuses on advancing the development of the Chvaletice Manganese Project. *Founded* 2014 Vancouver, Canada **$7.8M** last round Mar 2025
- 43 [**Leviathan Metals** Leviathan Metals is dedicated to searching for reserves of high-grade gold.](https://millionrounds.com/company/leviathan-metals) Leviathan Metals is dedicated to searching for reserves of high-grade gold. *Founded* - Vancouver, Canada **$7.3M** last round May 2026
- 44 [**Summa Silver** Summa Silver is a mineral exploration company that focuses on high-grade silver and gold on the Hughes Property in Tonopah, Nevada.](https://millionrounds.com/company/summa-silver) Summa Silver is a mineral exploration company that focuses on high-grade silver and gold on the Hughes Property in Tonopah, Nevada. *Founded* - Vancouver, Canada **$6.9M** last round Jun 2025
- 45 [**Awale Resources** Awalé Resources is a junior gold exploration company.](https://millionrounds.com/company/awale-resources) Awalé Resources is a junior gold exploration company. *Founded* - Vancouver, Canada **$6.8M** last round May 2026
- 46 [**ONGold Resources** ONGold Resources is a mining company that explores and develops gold mines.](https://millionrounds.com/company/ongold-resources) ONGold Resources is a mining company that explores and develops gold mines. *Founded* - Toronto, Canada **$6.7M** last round Sept 2025
- 47 [**Helium Evolution** Helium Evolution is a Canadian helium exploration company that boasts the largest helium land rights position in North America.](https://millionrounds.com/company/helium-evolution) Helium Evolution is a Canadian helium exploration company that boasts the largest helium land rights position in North America. *Founded* - Calgary, Canada **$5.9M** last round Oct 2025
- 48 [**North American Palladium** NAP is an established precious metals producer that has been operating its flagship Lac des Iles mine (LDI) located in Ontario, Canada](https://millionrounds.com/company/north-american-palladium) NAP is an established precious metals producer that has been operating its flagship Lac des Iles mine (LDI) located in Ontario, Canada *Founded* 1993 Toronto, Canada **$4.5M** last round Feb 2014
- 49 [**Silver Dollar Resources** Silver Dollar Resources is an an exploration company that acquires and mines mineral property assets.](https://millionrounds.com/company/silver-dollar-resources) Silver Dollar Resources is an an exploration company that acquires and mines mineral property assets. *Founded* 2018 Vancouver, Canada **$4.3M** last round Sept 2025
- 50 [**Viscount Mining** A project generator building a portfolio of high quality exploration properties in friendly mining jurisdictions.](https://millionrounds.com/company/viscount-mining) A project generator building a portfolio of high quality exploration properties in friendly mining jurisdictions. *Founded* 2013 North Vancouver, Canada **$4.1M** last round Feb 2026

**Total funding** how the list is ranked

**15 November 2026** updated nightly

**Rounds we track** source: Millionrounds

Companies whose funding rounds we classed in this sector, ranked by the total they have raised in rounds we hold. Nobody pays to be on a list.

## Who backed them?

Open any company for its rounds and investors, or search the investors who back oil & Gas startups in Canada in the app, with filters, lists and exports.

[Find their investors](https://millionrounds.com/login?join=1&next=/app/investors)[All top lists](https://millionrounds.com/top-lists)

## More oil & gas lists

[See all](https://millionrounds.com/top-lists?t=Oil%20%26%20Gas)

[*SV* *AG* *BT* **Oil & Gas startups that raised in 2026** 84 companies · $2.9B in 2026](https://millionrounds.com/top-lists/oil-gas-startups-raised-2026)[*KM* *NM* *NM* **Oil & Gas startups in the United States** 52 companies · $4.7B](https://millionrounds.com/top-lists/oil-gas-startups-united-states)[*AG* *AG* *FC* **Oil & Gas startups in Vancouver** 50 companies · $1.2B](https://millionrounds.com/top-lists/oil-gas-startups-vancouver)[*AG* *GM* *NF* **Oil & Gas startups in Canada that raised in 2026** 44 companies · $1.3B in 2026](https://millionrounds.com/top-lists/oil-gas-startups-canada-raised-2026)[*FS* *DM* *RM* **Oil & Gas startups in Australia** 29 companies · $444M](https://millionrounds.com/top-lists/oil-gas-startups-australia)[*TR* *KP* *SR* **Oil & Gas startups in the United Kingdom** 22 companies · $5.2B](https://millionrounds.com/top-lists/oil-gas-startups-united-kingdom)[*GM* *NF* *CM* **Oil & Gas startups in Toronto** 21 companies · $896M](https://millionrounds.com/top-lists/oil-gas-startups-toronto)[*TR* *KM* *GM* **Oil & Gas startups founded in 2018** 15 companies · $4.5B](https://millionrounds.com/top-lists/oil-gas-startups-founded-2018)

## More lists for Canada

[See all](https://millionrounds.com/top-lists?r=Canada)

[*C* *H8* *AP* **Startups in Canada** 2,950 companies · $38B](https://millionrounds.com/top-lists/startups-canada)[*A* *T* *AP* **Health startups in Canada** 386 companies · $5.7B](https://millionrounds.com/top-lists/health-startups-canada)[*C* *H8* *C* **AI startups in Canada** 285 companies · $20B](https://millionrounds.com/top-lists/ai-startups-canada)[*LG* *P* *H* **IT Services startups in Canada** 232 companies · $2.0B](https://millionrounds.com/top-lists/it-services-startups-canada)[*A* *T* *RT* **Biotech startups in Canada** 210 companies · $4.9B](https://millionrounds.com/top-lists/biotech-startups-canada)[*A* *RT* *T* **Healthcare startups in Canada** 195 companies · $3.7B](https://millionrounds.com/top-lists/healthcare-startups-canada)[*E* *GF* *EF* **Climate tech startups in Canada** 126 companies · $2.8B](https://millionrounds.com/top-lists/climate-tech-startups-canada)[*5G* *T* *P* **Big Data & Analytics startups in Canada** 116 companies · $3.0B](https://millionrounds.com/top-lists/big-data-startups-canada)