Companies · Mining & Resources

High Power Exploration Inc.

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

Diligence memoA one-page analyst read on High Power Exploration Inc. — recommendation, valuation, rhythm, risks.
$503.0M
Total raised · real
5
Rounds
19.3×
Latest step-up
Top 1%
Sector rank · raised
Series D+
Latest stage · inferred · Mon Jun 03 2024 00:00:00 GMT+0000 (Coordinated Universal Time)

High Power Exploration Inc. has raised $503M over 5 rounds; too few niche peers to rank its valuation yet.

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.

At-risk
  • Last raise 2.1 yr ago; this sector typically re-raises about every 11 months.
  • Past due for a raise versus sector cadence — watch for distress or a bridge.
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

High Power Exploration Inc. is one of 701 Mining & Resources companies tracked from London. By capital raised it ranks among the largest (ahead of 100% 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
Rule 506(b)
Reg D exemption
14
Investors (latest)
2024-06-03
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$500M$1.0B$1.5B$2.0BSeries C · 2015-12-16 Raised $100M (real) Modeled valuation $495M (est)$100M$495MSeries C2015Series C · 2019-11-15 Raised $88M (real) Modeled valuation $436M (est)$88M$436MSeries C2019Series D+ · 2020-11-30 Raised $112M (real) Modeled valuation $570M (est)$112M$570MSeries D+2020Series D+ · 2022-03-30 Raised $10M (real) Modeled valuation $54M (est)$10M$54MSeries D+2022Series D+ · 2024-06-03 Raised $193M (real) Modeled valuation $1.2B (est)$193M$1.2BSeries D+2024+$88M+$112M+$10M+$193MCumulative $503M

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
Series C$100.0M · 2015
Series C extension$88.0M · 2019
Series D+$112.0M · 2020
Series D+ extension$10.0M · 2022
Series D+ extension$193.0M · 2024

Stages are modeled from round size (public records carry no series label). No record for: Pre-Seed, Seed, Series A, Series B — the company may have raised it under a different exemption, merged it into an adjacent record, or skipped it. Sequence completeness: 33%.

Modeled valuation trajectory
$1.2B
Base estimate est.
$1.0B
Conservative case
$1.6B
Upside case
$1.6B
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Series D+a $100M–$400M round). Valuation is modeled from stage benchmarks scaled by the extractive sector profile. Directional, not a quoted figure.

Series C · modeled $495.2M · 2015-12-162015Series C · modeled $435.8M · 2019-11-15Series D+ · modeled $569.9M · 2020-11-30Series D+ · modeled $54.4M · 2022-03-30Series D+ · modeled $1.2B · 2024-06-032024
Model inputs · modeled:benchmark-stage-stepup-v1
12%
Dilution assumption
Implied ownership sold in the financing.
81%
Survival probability
65% low · 89% high
0.95×/yr
Annual markup
1.07×/yr upside case
2.1 yr
Elapsed time used
2.1 yr actual, capped for stale marks
extractive
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
25 mo
Avg between rounds
$59.4M/yr
Capital velocity
10.5 yr
On record since
2015
First round
5
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) 219× above median
This company$503.0M
Sector median$2.3M
Latest round — vs other Series D+ rounds in sector (real $, this stage) 1.7× above median
This company$193.0M
Sector median$113.5M
Modeled value — vs sector median (estimate, all stages) 462× above median
This company$1.2B
Sector median$2.5M

Raised more than 100% of sector peers (real $). Modeled value above 100% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Series D+) 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.

Not enough valued peers in this cohort to chart positioning.

CompanyStageRaised · realValue · estvs peer med.
High Power Exploration Inc. this companySeries D+$503.0M$1.2B1.02×
MINERALRITE CorpSeries D+$180.0M$1.1B0.98×
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.
Series C$100.0M2015-12-16$666.7M$495.2M85%
Series C$88.0M2019-11-15$586.7M$435.8M90%
Series D+$112.0M2020-11-30$933.3M$569.9M90%
Series D+$10.0M2022-03-30$83.3M$54.4M90%
Series D+$193.0M2024-06-03$1.6B$1.2B90%
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. Series C$100.0M2015-12-16
    • First recorded raise — entered as Series C.
    • 13 investors on this round.
  2. Series C$88.0M2019-11-15
    • Raised again after 47 mo — slower than the ~11 mo sector norm.
    • Round roughly the size of the prior one.
    • 3 investors on this round.
  3. Series D+$112.0M2020-11-30
    • Raised 13 mo later, in step with the ~11 mo sector norm.
    • Round roughly the size of the prior one.
    • 19 investors on this round.
  4. Series D+$10.0M2022-03-30
    • Raised again after 16 mo — slower than the ~11 mo sector norm.
    • Round 11.2× smaller than the prior — bridge or down round.
    • 1 investor on this round.
  5. Series D+$193.0M2024-06-03
    • Raised again after 26 mo — slower than the ~11 mo sector norm.
    • Round 19.3× larger than the prior — scaling up.
    • 14 investors on this round.
Intelligence
2026 ~Q3
Modeled next raise · ~25mo cadence
$579.0M
Modeled next size est.range $376.4M$926.5M
19.3×
Last step-up
$59.4M/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
Kenneth Lau5 other2019-11
Robert Friedland3 other2015-12
Ian Cockerill2 other2015-12
Ian Plimer2 other2015-12
Laurent Frescaline2 other2015-12
Mark Gibson2 other2015-12
On Yip Patrick Tsang2 other2019-11
Charles Forster1 other2019-11
Doig Bradley1 other2024-06
Eric Finlayson1 other2015-12
J. Peter Pham1 other2024-06
Kenneth (Patrick) Lau1 other2020-11
Penny Schattenkirk1 other2015-12
Rohan Wolfe1 other2015-12
Sam Kenny1 other2015-12
Sarah Armstrong1 other2015-12
Barry De Wet2015-12
Bronwyn Barnes2024-06
Catherine Barone2015-12
Charles (Patrick) Forster2020-11
David Bohem2024-06
Egizio Bianchini2019-11
Liva Mahler2015-12
Livia Mahler2019-11
Registry & provenance

High Power Exploration 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
1662195
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
I-Pulse Inc.Other TechnologySeries D+$349.4M$641.4Mnetwork6 shared operators · same stage
Ivanhoe Electric Inc.OtherSeries C$157.6M$1.0Bnetwork7 shared operators
Cordoba Minerals Corp.Mining & ResourcesSeries A$19.4M$33.5Mnetwork4 shared operators · same sector
Silver Spike Acquisition Corp.Mining & ResourcesSeries D+$325.0M$1.7Bsame sector · same stage
Desktop Metal, Inc.Mining & ResourcesSeries D+$207.4M$796.4Msame sector · same stage
Code Metal, Inc.Mining & ResourcesSeries D+$181.9M$815.0Msame sector · same stage
MINERALRITE CorpMining & ResourcesSeries D+$180.0M$1.1Bsame sector · same stage
Hycroft Mining Holding CorpMining & ResourcesSeries D+$165.9M$387.8Msame 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
Nevada Exploration IncMining & ResourcesPre-Seed$551K85%
HighGold Mining Inc.Mining & ResourcesSeed$13.2M84%
Resource Exploration, Inc.Mining & ResourcesPre-Seed$1.6M84%
Western Exploration Inc.Mining & ResourcesSeed$7.5M84%
Exploration Technologies, Inc./DEMining & ResourcesSeed$4.6M84%
US American Exploration, Inc.Mining & ResourcesSeries A$18.5M83%
Discovery Exploration Group IncMining & ResourcesPre-Seed$667K83%
Advanced Gold Exploration Inc.Mining & ResourcesPre-Seed$3.1M82%
Frequently asked
How much funding has High Power Exploration Inc. raised?
High Power Exploration Inc. has raised approximately $503.0M in disclosed capital across 5 recorded financing rounds, aggregated from public filings.
What is High Power Exploration Inc.'s estimated valuation?
Provath's modeled valuation for High Power Exploration Inc. is approximately $1.2B (modeled range $1.0B–$1.6B). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is High Power Exploration Inc. at?
High Power Exploration Inc.'s latest modeled financing stage is Series D+. Its most recent recorded round closed around Mon Jun 03.
What does High Power Exploration Inc. do and where is it based?
High Power Exploration Inc. operates in the Mining & Resources sector, based in London.
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