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Oil & Gas startups in Toronto

21 oil & Gas startups in Toronto have raised money in rounds we track. These are the 21 that have raised the most, $896M between them.

$896Mraised by these 21
21on our record in all
Generation Miningraised the most
  1. 1Generation MiningGeneration Mining is a mineral development company that focuses on zinc and molybdenum projects in Canada.

    Generation Mining is a mineral development company that focuses on zinc and molybdenum projects in Canada.

    Founded 2018Toronto, Canada$311Mlast round Jun 2026
  2. 2New Found Gold Corp.New Found Gold Corp.

    New Found Gold Corp.

    Founded 2015Toronto, Canada$134Mlast round Apr 2026
  3. 3Cadillac MinesCadillac Mines is a privately held Canadian mining firm run by a diversified and experienced team of specialists.

    Cadillac Mines is a privately held Canadian mining firm run by a diversified and experienced team of specialists.

    Founded -Toronto, Canada$130Mlast round Jul 2026
  4. 4Kinterra CapitalKinterra Capital is a private equity firm focused on investing in the critical metals required to advance the energy transition.

    Kinterra Capital is a private equity firm focused on investing in the critical metals required to advance the energy transition.

    Founded -Toronto, Canada$80Mlast round Sept 2025
  5. 5Arizona Sonoran Copper CompanyArizona Sonoran Copper Company primarily operates as a copper developer and producer.

    Arizona Sonoran Copper Company primarily operates as a copper developer and producer.

    Founded 2019Toronto, Canada$69Mlast round Nov 2025
  6. 6Emerita ResourcesA Premier Zinc Exploration Platform.

    A Premier Zinc Exploration Platform.

    Founded 2012Toronto, Canada$50Mlast round Sept 2025
  7. 7Canada Nickel CompanyCanada Nickel Company is a mining company that develops nickel-sulphide projects to support electric vehicle and steel markets.

    Canada Nickel Company is a mining company that develops nickel-sulphide projects to support electric vehicle and steel markets.

    Founded 2019Toronto, Canada$37Mlast round May 2026
  8. 8Hercules MetalsHercules Metals is focused on the exploration and development of a large-scale disseminated silver-lead-zinc system at Hercules.

    Hercules Metals is focused on the exploration and development of a large-scale disseminated silver-lead-zinc system at Hercules.

    Founded -Toronto, Canada$23Mlast round May 2026
  9. 9Fury Gold MinesFury Gold Mines is an exploration and development company strategically positioned in three prolific mining regions.

    Fury Gold Mines is an exploration and development company strategically positioned in three prolific mining regions.

    Founded 2013Toronto, Canada$13Mlast round Sept 2025
  10. 10Lithium IonicLithium Ionic is a mining company exploring and developing lithium properties.

    Lithium Ionic is a mining company exploring and developing lithium properties.

    Founded 2022Toronto, Canada$11Mlast round Sept 2025
  11. 11Yava TechnologiesYava Technologies develops and licenses mineral recovery process solutions for mining and mineral processing industries.

    Yava Technologies develops and licenses mineral recovery process solutions for mining and mineral processing industries.

    Founded 1990Toronto, Canada$8.7Mlast round Jan 2014
  12. 12American Eagle GoldAmerican Eagle Gold is focused on advancing its NAK property

    American Eagle Gold is focused on advancing its NAK property

    Founded -Toronto, Canada$7.9Mlast round Apr 2026
  13. 13ONGold ResourcesONGold Resources is a mining company that explores and develops gold mines.

    ONGold Resources is a mining company that explores and develops gold mines.

    Founded -Toronto, Canada$6.7Mlast round Sept 2025
  14. 14North American PalladiumNAP is an established precious metals producer that has been operating its flagship Lac des Iles mine (LDI) located in Ontario, Canada

    NAP is an established precious metals producer that has been operating its flagship Lac des Iles mine (LDI) located in Ontario, Canada

    Founded 1993Toronto, Canada$4.5Mlast round Feb 2014
  15. 15Aston Bay HoldingsAston Bay is a mining company that specializes in the fields of real estate and exploration of precious metals.

    Aston Bay is a mining company that specializes in the fields of real estate and exploration of precious metals.

    Founded 2011Toronto, Canada$3.7Mlast round Sept 2023
  16. 16Bald Eagle GoldBald Eagle Gold is a mining company that focuses on the exploration and development of assets in known gold districts in the Americas.

    Bald Eagle Gold is a mining company that focuses on the exploration and development of assets in known gold districts in the Americas.

    Founded -Toronto, Canada$2.3Mlast round May 2022
  17. 17Maple Gold MinesMaple Gold Mines is a Canada-based gold exploration company engaged in gold mining sector.

    Maple Gold Mines is a Canada-based gold exploration company engaged in gold mining sector.

    Founded 2010Toronto, Canada$2.3Mlast round Jun 2026
  18. 18PalaminaPalamina is an exploration company focused on five gold projects.

    Palamina is an exploration company focused on five gold projects.

    Founded 2015Toronto, Canada$1.8Mlast round Feb 2026
  19. 19ReThink MillingRethink Milling focused on revolutionizing the comminution (milling) process in the mining industry through innovative technology.

    Rethink Milling focused on revolutionizing the comminution (milling) process in the mining industry through innovative technology.

    Founded -Toronto, Canada$276Klast round Jun 2025
  20. 20Western Metallica ResourcesWestern Metallica is a mineral exploration company.

    Western Metallica is a mineral exploration company.

    Founded 2020Toronto, Canada$270Klast round May 2026
  21. 21BULGOLDBulgold is an a canadian gold exploration company

    Bulgold is an a canadian gold exploration company

    Founded -Toronto, Canada$53Klast round Jul 2025
Total fundinghow the list is ranked
15 November 2026updated nightly
Rounds we tracksource: 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.

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