Companies · Mining & Resources

DeepGreen Metals Inc.

VANCOUVER · Mining & Resources · refined from filed group “Other

Diligence memoA one-page analyst read on DeepGreen Metals Inc. — recommendation, valuation, rhythm, risks.
$18.8M
Total raised · real
8
Rounds
13.0×
Latest step-up
Top 12%
Sector rank · raised
Series A
Latest stage · inferred · Tue Jun 16 2020 00:00:00 GMT+0000 (Coordinated Universal Time)

DeepGreen Metals Inc. looks over-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 extractive sector profile.

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

Over-valued
  • Modeled value is 1.73× the median modeled value of Series A Mining & Resources companies in 2019–2021 (27 peers) — value vs value, same stage and era.
  • Issuer reports no revenue, yet is modeled well above niche peers.
Dormant
  • Last raise 6.0 yr ago; this sector typically re-raises about every 11 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 Mining & Resources

DeepGreen Metals Inc. is one of 701 Mining & Resources companies tracked from VANCOUVER. By capital raised it ranks in the upper tier (ahead of 89% of sector peers), and among the largest 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
No revenue
Issuer revenue
Rule 506(b)
Reg D exemption
7
Investors (latest)
2020-06-16
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$13M$25M$38M$50MPre-Seed · 2014-12-31 Raised $500K (real) Modeled valuation $3.3M (est)Pre-Seed2014Seed · 2017-12-14 Raised $1.9M (real) Modeled valuation $9.9M (est)Seed2017Seed · 2018-10-11 Raised $125K (real) Modeled valuation $671K (est)Seed2018Seed · 2018-11-27 Raised $1.9M (real) Modeled valuation $10M (est)Seed2018Seed · 2018-12-31 Raised $100K (real) Modeled valuation $537K (est)Seed2018Series A · 2019-03-22 Raised $5.0M (real) Modeled valuation $22M (est)Series A2019Series A · 2020-03-10 Raised $668K (real) Modeled valuation $2.9M (est)Series A2020Series A · 2020-06-16 Raised $8.7M (real) Modeled valuation $38M (est)Series A2020+$1.9M+$125K+$1.9M+$100K+$5.0M+$668K+$8.7MCumulative $19M

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$500K · 2014
Seed$1.9M · 2017
Seed extension$125K · 2018
Seed extension$1.9M · 2018
Seed extension$100K · 2018
Series A$5.0M · 2019
Series A extension$668K · 2020
Series A extension$8.7M · 2020

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

Modeled valuation trajectory
$37.9M
Base estimate est.
$11.2M
Conservative case
$206.1M
Upside case
$39.4M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Series Aa $4.0M–$15M round). Valuation is modeled from stage benchmarks scaled by the extractive sector profile. Directional, not a quoted figure.

Pre-Seed · modeled $3.3M · 2014-12-312014Seed · modeled $9.9M · 2017-12-14Seed · modeled $671K · 2018-10-11Seed · modeled $10.2M · 2018-11-27Seed · modeled $537K · 2018-12-31Series A · modeled $21.9M · 2019-03-22Series A · modeled $2.9M · 2020-03-10Series A · modeled $37.9M · 2020-06-162020
Model inputs · modeled:benchmark-stage-stepup-v1
22%
Dilution assumption
Implied ownership sold in the financing.
52%
Survival probability
28% low · 71% high
1.11×/yr
Annual markup
1.39×/yr upside case
6.0 yr
Elapsed time used
6.0 yr actual, capped for stale marks
extractive
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
9 mo
Avg between rounds
$3.4M/yr
Capital velocity
11.5 yr
On record since
2014
First round
8
Rounds on file
How it compares to the market

Benchmarked against 701 companies in Mining & Resources. 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) 8.2× above median
This company$18.8M
Sector median$2.3M
Latest round — vs other Series A rounds in sector (real $, this stage) 2.1× above median
This company$8.7M
Sector median$4.2M
Modeled value — vs sector median (estimate, all stages) 15× above median
This company$37.9M
Sector median$2.5M

Raised more than 89% of sector peers (real $). Modeled value above 93% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Series A) 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 #6 of 27.

This companyCohort peer
$10.0M$100.0M$1.0M$10.0M$100.0MCapital raised (log)Tanzanian Gold Corp · Series A Raised $29.3M · modeled $57.9M (est)Copper John Partners, LLC · Series A Raised $11.0M · modeled $44.0M (est)Lithium Werks Group B.V. · Series A Raised $10.0M · modeled $43.1M (est)Vision Quest Gold, Inc. · Series A Raised $10.0M · modeled $42.9M (est)Gold Flora, LLC · Series A Raised $10.3M · modeled $42.0M (est)Gryphon Digital Mining, Inc. · Series A Raised $38.9M · modeled $35.7M (est)Cordoba Minerals Corp. · Series A Raised $19.4M · modeled $33.5M (est)Uranium Royalty Corp. · Series A Raised $17.0M · modeled $32.8M (est)Altura Mining Ltd · Series A Raised $11.6M · modeled $28.2M (est)AEX Gold Inc. · Series A Raised $6.0M · modeled $26.1M (est)Cerro Mining Corp. · Series A Raised $5.9M · modeled $23.5M (est)DeepGreen Metals Inc. (this company) Raised $18.8M · modeled $37.9M (est)DeepGreen Metals Inc.
CompanyStageRaised · realValue · estvs peer med.
Tanzanian Gold CorpSeries A$29.3M$57.9M2.65×
Copper John Partners, LLCSeries A$11.0M$44.0M2.01×
Lithium Werks Group B.V.Series A$10.0M$43.1M1.97×
Vision Quest Gold, Inc.Series A$10.0M$42.9M1.96×
Gold Flora, LLCSeries A$10.3M$42.0M1.92×
DeepGreen Metals Inc. this companySeries A$18.8M$37.9M1.73×
Gryphon Digital Mining, Inc.Series A$38.9M$35.7M1.63×
Cordoba Minerals Corp.Series A$19.4M$33.5M1.53×
Uranium Royalty Corp.Series A$17.0M$32.8M1.50×
Altura Mining LtdSeries A$11.6M$28.2M1.29×
AEX Gold Inc.Series A$6.0M$26.1M1.20×
Cerro Mining Corp.Series A$5.9M$23.5M1.08×
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$500K2014-12-31$2.8M$3.3M85%
Seed$1.9M2017-12-14$9.3M$9.9M90%
Seed$125K2018-10-11$625K$671K90%
Seed$1.9M2018-11-27$9.5M$10.2M90%
Seed$100K2018-12-31$500K$537K90%
Series A$5.0M2019-03-22$22.7M$21.9M90%
Series A$668K2020-03-10$3.0M$2.9M90%
Series A$8.7M2020-06-16$39.4M$37.9M90%
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$500K2014-12-31
    • First recorded raise — entered as Pre-Seed.
    • 1 investor on this round.
  2. Seed$1.9M2017-12-14
    • Raised again after 35 mo — slower than the ~11 mo sector norm.
    • Round 3.7× larger than the prior — scaling up.
    • 4 investors on this round.
  3. Seed$125K2018-10-11
    • Raised 10 mo later, in step with the ~11 mo sector norm.
    • Round 14.8× smaller than the prior — bridge or down round.
    • 3 investors on this round.
  4. Seed$1.9M2018-11-27
    • Came back fast: 2 mo vs the ~11 mo sector norm.
    • Round 15.2× larger than the prior — scaling up.
    • 10 investors on this round.
  5. Seed$100K2018-12-31
    • Came back fast: 1 mo vs the ~11 mo sector norm.
    • Round 19.0× smaller than the prior — bridge or down round.
    • 2 investors on this round.
  6. Series A$5.0M2019-03-22
    • Came back fast: 3 mo vs the ~11 mo sector norm.
    • Round 50.0× larger than the prior — scaling up.
    • 1 investor on this round.
  7. Series A$668K2020-03-10
    • Raised 12 mo later, in step with the ~11 mo sector norm.
    • Round 7.5× smaller than the prior — bridge or down round.
    • 1 investor on this round.
  8. Series A$8.7M2020-06-16
    • Came back fast: 3 mo vs the ~11 mo sector norm.
    • Round 13.0× larger than the prior — scaling up.
    • 7 investors on this round.
Intelligence
2021 ~Q1
Modeled next raise · ~9mo cadence
$26.0M
Modeled next size est.range $16.9M$41.6M
13.0×
Last step-up
$3.4M/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
Paul Matysek9 other2017-12
Brian Paes-Braga2 other2017-12
Gerard Barron1 other2017-12
Andrei S. Karkar2019-03
Anthony S. O'Sullivan2018-10
Bob Cabral2017-12
David Heydon2014-12
Gregory S. Stone2018-10
Ian Jacobson2014-12
Jonas S. Agerskov2019-03
Peter Barnes2014-12
Robert Heydon2014-12
Robert S. Heydon2018-10
Registry & provenance

DeepGreen Metals Inc. 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
1630641
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
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Nevada King Gold Corp.Mining & ResourcesSeries A$25.3M$10.7Mnetwork1 shared operator · same sector · same stage
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Probe Metals Inc.Mining & ResourcesSeries A$18.3M$15.8Msame sector · same stage
RTG Mining Inc.Mining & ResourcesSeries A$18.3M$6.1Msame sector · same stage
Cordoba Minerals Corp.Mining & ResourcesSeries A$19.4M$33.5Msame sector · same stage
Applied Minerals, Inc.Mining & ResourcesSeries A$19.5M$4.0Msame sector · same stage
Wealth Minerals Ltd.Mining & ResourcesSeed$24.2M$2.6Mnetwork1 shared operator · same sector
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
Deep Gold LLCMining & ResourcesSeed$5.8M89%
Deep Sea Rare Minerals, Inc.Mining & ResourcesSeries A$12.4M86%
Red Metals, Inc.Mining & ResourcesSeries A$23.7M86%
Red Metal Resources, Ltd.Mining & ResourcesPre-Seed$4.2M85%
Treasury Metals IncMining & ResourcesPre-Seed$705K85%
Equity Metals CorpMining & ResourcesPre-Seed$935K85%
Key Metals Corp.Mining & ResourcesSeries A$8.3M84%
Hannan Metals Ltd.Mining & ResourcesSeed$1.5M84%
Frequently asked
How much funding has DeepGreen Metals Inc. raised?
DeepGreen Metals Inc. has raised approximately $18.8M in disclosed capital across 8 recorded financing rounds, aggregated from public filings.
What is DeepGreen Metals Inc.'s estimated valuation?
Provath's modeled valuation for DeepGreen Metals Inc. is approximately $37.9M (modeled range $11.2M–$206.1M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is DeepGreen Metals Inc. at?
DeepGreen Metals Inc.'s latest modeled financing stage is Series A. Its most recent recorded round closed around Tue Jun 16.
What does DeepGreen Metals Inc. do and where is it based?
DeepGreen Metals Inc. operates in the Mining & Resources sector, based in VANCOUVER.
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