Diligence memo · auto-generated · as of July 2, 2026
High Power Exploration Inc.
High Power Exploration Inc. has raised $503M over 5 rounds; too few niche peers to rank its valuation yet.
Businessfiled
High Power Exploration Inc. operates in Mining & Resources, based in London.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
High Power Exploration Inc. has raised $503M in disclosed capital across 5 recorded rounds, aggregated from public filings. Its latest round is modeled as Series D+ (a $100M–$400M round).
Largest single filing: $193M on 2024-06-03.
Most recent recorded round closed around 2024-06-03.
Valuation (modeled)modeled
Provath models High Power Exploration Inc. at approximately $1.2B (range $1.0B–$1.6B). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Too few comparable companies in this niche to rank the valuation fairly yet.
Financing rhythm & timingmixed
Historic cadence: a new round about every 25 months.
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.
The last round stepped up 19.3× from the prior — scaling.
Comparablesmixed
Capital scale ranks ahead of 100% of Mining & Resources peers (701 compared).
Modeled value ranks above 100% of those peers.
Closest niche peers: MINERALRITE Corp.
Peoplefiled
24 named people on file across officers, directors and signatories.
Risks & flagsmixed
Overdue for a raise versus sector norm — distress or bridge risk.
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.