Diligence memo · auto-generated · as of July 2, 2026
Mantra Mining Inc.
Mantra Mining Inc. looks fair against its niche peers and is dormant on financing cadence.
Businessfiled
Mantra Mining Inc. operates in Other, based in VANCOUVER.
Sector still resolves to a broad 'Other' bucket, so operating comparables below are weaker than for a tightly-classified peer.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Mantra Mining Inc. has raised $9.4M in disclosed capital across 3 recorded rounds, aggregated from public filings. Its latest round is modeled as Series A (a $4.0M–$15M round).
Largest single filing: $4.7M on 2010-02-02.
Most recent recorded round closed around 2010-02-02.
Valuation (modeled)modeled
Provath models Mantra Mining Inc. at approximately $71M (range $6.4M–$388M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Fair. Modeled value is 0.79× the median modeled value of Series A Other companies in 2010–2012 (632 peers) — value vs value, same stage and era. Within the normal band (79% of peer median) for its niche.
Financing rhythm & timingmixed
Historic cadence: a new round about every 4 months.
Last raise 16.4 yr ago; this sector typically re-raises about every 11 months.
Silent for over 3× the sector's normal cadence.
The last round stepped up 1.6× from the prior — scaling.
Comparablesmixed
Capital scale ranks ahead of 76% of Other peers (25015 compared).
Modeled value ranks above 78% of those peers.
Closest niche peers: Worldview Entertainment Capital Llc, Applied Merchant Systems West Coast, Inc., SWMF Life Science Venture Fund, Limited Partnership, PrimaLoft Holding Company, LLC, Graphics Properties Holdings, Inc..
Peoplefiled
17 named people on file across officers, directors and signatories.
Risks & flagsmixed
Financing has been silent well beyond sector cadence — possibly defunct, acquired, or paused.
Broad sector classification weakens peer comparison.
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.