Sectors · Resources & Agriculture

Mining & Resources

Private financing across Mining & Resources, aggregated from public sources.

Mining & Resources is a subsector of Resources & Agriculture. Zoom out to read the whole macro sector $33.1B raised across 2,318 companies.

$8.9B
Capital raised
701
Companies
2,219
Rounds
2007
First on record
2026-03-19
Latest round

Steady Mining & Resources drew $1.2B over the last 12 months, down 5% versus the prior 12 ($1.3B). Of 651 companies rankable against same-niche peers, 31% model over-valued and 32% under-valued.

Capital flow over time

Quarterly capital raised across Mining & Resources.

2008-Q3 · $120K2008-Q32008-Q4 · $10.4M2009-Q1 · $1.2M2009-Q2 · $68.8M2009-Q3 · $19.5M2009-Q4 · $30.5M2010-Q1 · $33.3M2010-Q12010-Q2 · $72.4M2010-Q3 · $6.4M2010-Q4 · $105.8M2011-Q1 · $34.5M2011-Q2 · $53.8M2011-Q3 · $9.1M2011-Q32011-Q4 · $13.6M2012-Q1 · $27.8M2012-Q2 · $20.0M2012-Q3 · $29.4M2012-Q4 · $49.0M2013-Q1 · $13.9M2013-Q12013-Q2 · $8.0M2013-Q3 · $27.6M2013-Q4 · $1.4M2014-Q1 · $24.3M2014-Q2 · $65.8M2014-Q3 · $135.3M2014-Q32014-Q4 · $47.5M2015-Q1 · $20.0M2015-Q2 · $20.8M2015-Q3 · $43.7M2015-Q4 · $177.8M2016-Q1 · $9.2M2016-Q12016-Q2 · $56.9M2016-Q3 · $87.9M2016-Q4 · $73.8M2017-Q1 · $37.8M2017-Q2 · $52.0M2017-Q3 · $56.0M2017-Q32017-Q4 · $47.5M2018-Q1 · $81.4M2018-Q2 · $62.4M2018-Q3 · $48.4M2018-Q4 · $43.3M2019-Q1 · $229.4M2019-Q12019-Q2 · $15.6M2019-Q3 · $116.5M2019-Q4 · $155.9M2020-Q1 · $36.6M2020-Q2 · $58.3M2020-Q3 · $158.3M2020-Q32020-Q4 · $1.5B2021-Q1 · $237.9M2021-Q2 · $114.1M2021-Q3 · $147.8M2021-Q4 · $297.3M2022-Q1 · $402.1M2022-Q12022-Q2 · $122.4M2022-Q3 · $106.6M2022-Q4 · $82.7M2023-Q1 · $236.5M2023-Q2 · $172.9M2023-Q3 · $50.5M2023-Q32023-Q4 · $64.1M2024-Q1 · $101.9M2024-Q2 · $267.2M2024-Q3 · $676.4M2024-Q4 · $281.8M2025-Q1 · $80.3M2025-Q12025-Q2 · $211.8M2025-Q3 · $345.2M2025-Q4 · $448.6M2026-Q1 · $395.7M
Median round size by stage
StageMedian roundRounds
Growth/Late$491.5M3
Series D+$113.5M16
Series C$43.4M24
Series B$6.3M114
Series A$4.2M336
Seed$1.1M825
Pre-Seed$271K901
Top-funded companies
CompanyStageRaisedModeled value
Holly.Gold Pte, Ltd
SINGAPORE
Growth/Late$1.0B$5.3B
KoBold Metals Co
Berkeley
Growth/Late$1.2B$2.3B
Silver Spike Acquisition Corp.
NEW YORK
Series D+$325.0M$1.7B
High Power Exploration Inc.
London
Series D+$503.0M$1.2B
MINERALRITE Corp
DALLAS
Series D+$180.0M$1.1B
Code Metal, Inc.
BOSTON
Series D+$181.9M$815.1M
Desktop Metal, Inc.
Burlington
Series D+$207.4M$796.4M
Hut 8 Mining Corp.
TORONTO
Series D+$109.6M$530.8M
Consensus Mining & Seigniorage Corp
WHITE PLAINS
Series C$85.0M$420.7M
Hycroft Mining Holding Corp
WINNEMUCCA
Series D+$165.9M$387.8M
Gold Reserve Ltd
HAMILTON
Series C$250.4M$370.6M
MineralTree, Inc.
BOSTON
Series C$109.7M$269.5M
Sunshine Silver Mining & Refining Co
KELLOGG
Series C$48.9M$241.9M
Blockware Mining, LLC
CHICAGO
Series B$34.0M$163.1M
Rivers of Gold, Alaska Mining, Global TV Show, Global Merchandising LP
IRVINE
Series B$30.4M$145.9M
Firefly Minerals, LLC
INCLINE VILLAGE
Series B$37.5M$137.7M
Universe Exploration Co
BROOKLYN
Series B$43.8M$133.8M
Sustainable Metals Solutions LLC
LAKEWOOD
Series B$31.8M$132.3M
Crystal Mountain Gold Mine, Llc
PALM DESERT
Series B$30.0M$131.3M
Tectonic Metals Inc.
VANCOUVER
Series B$61.5M$128.2M
Related sectors

Browse all sectors or the full company rankings.

Frequently asked
How much venture funding has the Mining & Resources sector raised?
Companies in Mining & Resources have raised approximately $8.9B across 2,219 recorded financing rounds among 701 companies, aggregated from public sources.
Is Mining & Resources venture funding growing?
Mining & Resources funding is currently steady: capital raised over the last 12 months was down 5% versus the prior 12 months.
What is the typical round size in Mining & Resources?
Median disclosed round sizes in Mining & Resources by stage are: Growth/Late $491.5M, Series D+ $113.5M, Series C $43.4M, Series B $6.3M. These are medians across recorded rounds, not averages.
Which are the most-funded Mining & Resources companies?
The most-funded Mining & Resources companies in our coverage include Holly.Gold Pte, Ltd, KoBold Metals Co, Silver Spike Acquisition Corp., High Power Exploration Inc., MINERALRITE Corp. See the full ranked table for disclosed capital and modeled valuations.
When did Mining & Resources funding activity begin in this data?
The earliest recorded Mining & Resources financing in our coverage dates to 2007, with the most recent round around 2026-03-19.