Companies · Other Energy

Arafura Resources Ltd

PERTH · Other Energy

Diligence memoA one-page analyst read on Arafura Resources Ltd — recommendation, valuation, rhythm, risks.
$2.9M
Total raised · real
4
Rounds
1.4×
Latest step-up
Top 55%
Sector rank · raised
Seed
Latest stage · inferred · Fri Jul 19 2019 00:00:00 GMT+0000 (Coordinated Universal Time)

Arafura Resources Ltd looks under-valued against its niche peers and is dormant on financing cadence.

Synthesized from the figures below est. — every claim rests on a number shown on this page. Valuation uses the energy sector profile.

Analyst read est. — computed against this company's niche peers in the same era. Inputs shown; not a quoted figure.

Under-valued
  • Modeled value is 0.29× the median modeled value of Seed Other Energy companies in 2019–2021 (74 peers) — value vs value, same stage and era.
  • Issuer reports $0–$1M revenue while modeled below niche peers.
Dormant
  • Last raise 7.0 yr ago; this sector typically re-raises about every 12 months.
  • Silent for over 3× the sector's normal cadence.
Leadership

No named principal in this company's public records yet — see all operators below.

Explore how these operators interlock with other companies in the operator network.

Where it sits in Other Energy

Arafura Resources Ltd is one of 2049 Other Energy companies tracked from PERTH. By capital raised it ranks mid-pack (ahead of 46% of sector peers), and in the long tail by modeled valuation est..

Ranking is computed against this company's own sector cohort — reported capital is fact; valuation tiers are modeled.

As reported in public records reported — not modeled.

US
Jurisdiction
$0–$1M
Issuer revenue
Rule 506(b)
Reg D exemption
5
Investors (latest)
2019-07-19
First sale
Amount raised vs valuation, by round

Solid bars are reported offering amounts reported; hatched bars are the modeled post-money valuation est. — both on one shared scale so you can read raise-vs-worth at each round directly. Use the toggles to overlay data labels and the niche-peer / market average value lines.

Amount raised · realModeled valuation · estCumulative funded · real
$0$5.0M$10M$15M$20MPre-Seed · 2017-10-27 Raised $563K (real) Modeled valuation $9.1M (est)$563K$9.1MPre-Seed2017Seed · 2018-08-22 Raised $1.5M (real) Modeled valuation $20M (est)$1.5M$20MSeed2018Seed · 2018-12-19 Raised $331K (real) Modeled valuation $4.3M (est)$331K$4.3MSeed2018Seed · 2019-07-19 Raised $459K (real) Modeled valuation $6.0M (est)$459K$6.0MSeed2019+$1.5M+$331K+$459KCumulative $2.9M

The line shows cumulative reported funding over the period; + labels show new capital added between points when there is room. Toggle on-bar figures, plus the niche-peer and market averages, to read this company against its cohort. Benchmarks are modeled medians.

Financing ladder & sequence gaps
Pre-Seed$563K · 2017
Seed$1.5M · 2018
Seed extension$331K · 2018
Seed extension$459K · 2019

Stages are modeled from round size (public records carry no series label). Ladder is contiguous — every modeled rung has a record.

Modeled valuation trajectory
$6.0M
Base estimate est.
$393K
Conservative case
$46.8M
Upside case
$2.3M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Seeda $1.0M–$4.0M round). Valuation is modeled from stage benchmarks scaled by the energy sector profile. Directional, not a quoted figure.

Pre-Seed · modeled $9.1M · 2017-10-272017Seed · modeled $19.6M · 2018-08-22Seed · modeled $4.3M · 2018-12-19Seed · modeled $6.0M · 2019-07-192019
Model inputs · modeled:benchmark-stage-stepup-v1
20%
Dilution assumption
Implied ownership sold in the financing.
38%
Survival probability
17% low · 59% high
1.38×/yr
Annual markup
1.80×/yr upside case
6.0 yr
Elapsed time used
7.0 yr actual, capped for stale marks
energy
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
7 mo
Avg between rounds
$1.7M/yr
Capital velocity
8.7 yr
On record since
2017
First round
4
Rounds on file
How it compares to the market

Benchmarked against 2049 companies in Other Energy. Each bar is a median (the middle company, not an average — outliers don't skew it). Two yardsticks: real money raised (reported on Form D) and modeled value (our estimate est.). These are whole-sector medians across all stages, except the per-stage row.

Total raised — vs sector median (real $, all stages) 0.8× of median
This company$2.9M
Sector median$3.4M
Latest round — vs other Seed rounds in sector (real $, this stage) 0.3× of median
This company$459K
Sector median$1.7M
Modeled value — vs sector median (estimate, all stages) 0.4× of median
This company$6.0M
Sector median$17.0M

Raised more than 46% of sector peers (real $). Modeled value above 28% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Seed) that last raised in the same ~3-year era, ranked by modeled value est. (not money raised). This is the exact set the analyst read compares against, so a like-for-like cohort is what makes "over/under-valued" meaningful. This company ranks #69 of 74.

This companyCohort peer
$1.0M$10.0M$100.0M$1.0M$10.0MCapital raised (log)Angeles Summit Llc · Seed Raised $4.0M · modeled $51.8M (est)BarberWind Turbines, LLC · Seed Raised $7.6M · modeled $48.8M (est)MT VS 20333 Normandie PV, LLC · Seed Raised $3.5M · modeled $45.9M (est)Sandhill Advanced Biofuels LLC · Seed Raised $3.5M · modeled $45.4M (est)Energy Materials Corp · Seed Raised $6.4M · modeled $40.9M (est)20701 Plummer PV, LLC · Seed Raised $3.1M · modeled $40.5M (est)Quantum Elements Development Inc · Seed Raised $4.8M · modeled $38.9M (est)Phytonix Corp · Seed Raised $6.0M · modeled $38.9M (est)Polar Power, Inc. · Seed Raised $4.0M · modeled $36.5M (est)Earthrise Energy, Inc. · Seed Raised $3.1M · modeled $35.6M (est)Spectrum Solar, LLC · Seed Raised $3.0M · modeled $33.3M (est)Sistine Solar, Inc. · Seed Raised $2.5M · modeled $32.3M (est)Arafura Resources Ltd (this company) Raised $2.9M · modeled $6.0M (est)Arafura Resources Ltd
CompanyStageRaised · realValue · estvs peer med.
Angeles Summit LlcSeed$4.0M$51.8M2.51×
BarberWind Turbines, LLCSeed$7.6M$48.8M2.36×
MT VS 20333 Normandie PV, LLCSeed$3.5M$45.9M2.22×
Sandhill Advanced Biofuels LLCSeed$3.5M$45.4M2.20×
Energy Materials CorpSeed$6.4M$40.9M1.98×
20701 Plummer PV, LLCSeed$3.1M$40.5M1.96×
Quantum Elements Development IncSeed$4.8M$38.9M1.88×
Phytonix CorpSeed$6.0M$38.9M1.88×
Polar Power, Inc.Seed$4.0M$36.5M1.77×
Earthrise Energy, Inc.Seed$3.1M$35.6M1.72×
Spectrum Solar, LLCSeed$3.0M$33.3M1.61×
Sistine Solar, Inc.Seed$2.5M$32.3M1.56×
Arafura Resources Ltd this companySeed$2.9M$6.0M0.29×
Full financing history

Stage is inferred from round size est., not reported on the filing — a round's dollar size maps to a bucket: Pre-Seed <$1.0M · Seed $1.0M–$4.0M · Series A $4.0M–$15M · Series B $15M–$40M · Series C $40M–$100M · Series D+ $100M–$400M · Growth/Late >$400M.

StageAmount · realAnnouncedPost-money · estValue · estConf.
Pre-Seed$563K2017-10-27$3.1M$9.1M90%
Seed$1.5M2018-08-22$7.5M$19.6M90%
Seed$331K2018-12-19$1.7M$4.3M90%
Seed$459K2019-07-19$2.3M$6.0M90%
What happened at each round

Step-up, pace versus the sector's normal cadence, and revenue/exemption moves — read straight from the reported round facts reported.

  1. Pre-Seed$563K2017-10-27
    • First recorded raise — entered as Pre-Seed.
    • 3 investors on this round.
  2. Seed$1.5M2018-08-22
    • Raised 10 mo later, in step with the ~12 mo sector norm.
    • Round 2.7× larger than the prior — scaling up.
    • 5 investors on this round.
  3. Seed$331K2018-12-19
    • Came back fast: 4 mo vs the ~12 mo sector norm.
    • Round 4.6× smaller than the prior — bridge or down round.
    • 3 investors on this round.
  4. Seed$459K2019-07-19
    • Came back fast: 7 mo vs the ~12 mo sector norm.
    • Round 1.4× larger than the prior — scaling up.
    • 5 investors on this round.
Intelligence
2020 ~Q1
Modeled next raise · ~7mo cadence
$638K
Modeled next size est.range $459K$1.0M
1.4×
Last step-up
$1.7M/yr
Capital velocity

Predictive signals are modeled est. from this company's own cadence and step-up, plus sector benchmarks — directional, not advice. Peer set and a CSV export live in your analyst workspace.

Key people & operators

Officers, directors and promoters named in this company's public recordsreported — the people who run it (not its investors). "Also runs" counts come from name-matching across all records, so verify before acting.

PersonRoleAlso runsTied since
Chris Tonkin2017-10
Gavin Lockyer2017-10
Ian Kowalick2017-10
Mark Southey2018-08
Quangsheng Zhang2019-07
Quansheng Zhang2017-10
Terry Grose2017-10
Terry Gross2018-08
Registry & provenance

Arafura Resources Ltd is an official record sourced from the U.S. Securities and Exchange Commission (SEC). U.S. data is aggregated from SEC Form D filings.

United States
Country of record
US
Jurisdiction
1725121
SEC CIK
Similar companies

Nearest neighbours across the whole database — matched on sector, stage and capital scale, and on shared operators (officers or directors named at both companies in public filings). A discovery shortlist, not a valuation cohort — verify before acting, the same way modeled figures are directional.

CompanySectorStageRaised · realValue · estWhy similar
Appalachian Green Energy Partners I, LLCOther EnergySeed$3.0M$5.7Msame sector · same stage
Energy Technologies Inc.Other EnergySeed$3.0M$5.7Msame sector · same stage
Maetec LLCOther EnergySeed$3.0M$5.7Msame sector · same stage
Monarch Power CorpOther EnergySeed$3.0M$5.7Msame sector · same stage
NaturEnergy IncOther EnergySeed$3.0M$5.7Msame sector · same stage
North Star Jefferson, LlcOther EnergySeed$3.0M$5.7Msame sector · same stage
Energy Hire, LLCOther EnergySeed$3.0M$8.0Msame sector · same stage
Verterra Energy, Inc.Other EnergySeed$2.7M$4.8Msame sector · same stage
Semantically similar

Matched by meaning, not labels — a local language model reads each company's name, sector and description and ranks the closest in that learned space. This catches look-alikes that cross sector boundaries; the structured list above explains its matches, this one trusts the text. Directional, like every modeled signal here.

CompanySectorStageValue · estMatch
Cenfura LLCOther EnergySeries A$84.5M88%
Ardica Technologies, Inc.Other EnergySeries A$134.0M86%
Azarga Uranium Corp.Other EnergySeed$2.8M85%
AlumaPower CorpOther EnergyPre-Seed$7.7M85%
Elephant Energy, Inc.Other EnergySeries A$19.6M85%
Indo-Pacific Resources IncOther EnergySeed$13.3M85%
Genea Energy Partners IncOther EnergySeed$38.9M85%
Pika Energy, Inc.Other EnergySeed$24.6M85%
Frequently asked
How much funding has Arafura Resources Ltd raised?
Arafura Resources Ltd has raised approximately $2.9M in disclosed capital across 4 recorded financing rounds, aggregated from public filings.
What is Arafura Resources Ltd's estimated valuation?
Provath's modeled valuation for Arafura Resources Ltd is approximately $6.0M (modeled range $393K–$46.8M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Arafura Resources Ltd at?
Arafura Resources Ltd's latest modeled financing stage is Seed. Its most recent recorded round closed around Fri Jul 19.
What does Arafura Resources Ltd do and where is it based?
Arafura Resources Ltd operates in the Other Energy sector, based in PERTH.
Explore related

See where Arafura Resources Ltd sits in the wider market — its sector, location and stage cohorts, each with their own leaderboards and capital-flow timelines.

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