When was Electric Metals founded?

Electric Metals was founded in 2011 and raised its 1st funding round 12 years after it was founded.

Where is Electric Metals located?

Electric Metals is headquartered in Toronto, Canada.

How many employees does Electric Metals have?

As of Jun 30, 2026, the latest employee count at Electric Metals is 2.

Is Electric Metals a funded company?

Electric Metals is a funded company, having raised an undisclosed amount across 5 funding rounds to date. The company's 1st funding round was a $***** Post IPO round, raised on Aug 22, 2023.

When was the latest funding round of Electric Metals?

Electric Metals' latest funding was a $***** Post IPO round on Oct 25, 2025, with participation from 2 investors.

Where does Electric Metals rank among its competitors?

Electric Metals ranks 2nd amongst 12 active competitors, none of which are funded.

Who are the top competitors of Electric Metals?

Electric Metals' top competitors include Electric Royalties, Western Magnesium and Latrobe Magnesium. Among them, Electric Royalties secured the most recent funding round in November, 2025.

Electric Metals - 2026 Company Profile, Team, Funding & Competitors

Company Details

Electric Metals USA is a mining company focused on the exploration and development of lithium projects in Quebec. They support the electrification of energy services and the use of renewable energy.

Website: electricmetals.com
Social
Email ID: *****@electricmetals.com
Phone Number: +1 **********

Key Metrics

Founded Year

2011

Location

Toronto, Canada

Stage

Public

Latest Funding Round

Post IPO, Oct 25, 2025, $*****

Investors

Eric Sprott & 2 more

Ranked

2^nd among 12 active competitors

Employee Count

2 as on Jun 30, 2026

Similar Companies

Electric Royalties & 10 more

Exit Details

Public

View Electric Metals' full profile

Electric Metals got listed on May 07, 2021.

Click here to take a look at Electric Metals's IPO in detail

Electric Metals has raised funding over 5 rounds. Its first funding round was on Aug 22, 2023. Its latest funding round was a Post IPO round on Oct 25, 2025 for $*****. 2 investors participated in its latest round. Electric Metals has 2 institutional investors and 1 angel investor.

Here is the list of recent funding rounds of Electric Metals:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Oct 25, 2025	2504251	Post IPO	6854081	9817514	1023143	4264923
May 20, 2025	1035961	Post IPO	9923645	2472759	5493612	7237691
Apr 29, 2025	3544165	Post IPO	5270016	4508582	Eric Sprott	Crescat Capital

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View details of Electric Metals's funding rounds and investors

Electric Metals' employee count trend

Electric Metals has 2 employees as of Jun 26. Here is Electric Metals's employee count trend over the years:

Employee count trend for Electric Metals

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Top competitors of Electric Metals include Electric Royalties, Western Magnesium and Latrobe Magnesium. Here is the list of Top 10 competitors of Electric Metals, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Electric Royalties 2012, Vancouver (Canada), Public	Provider of royalties on clean energy metals. It acquires royalties on mining projects producing commodities crucial for electrification, including lithium, vanadium, manganese, and others. The focus is on advanced-stage and operating projects in low-geopolitical-risk jurisdictions. This model offers investors exposure to the growing demand for clean energy materials needed for a decarbonized global economy. The company's portfolio is diversified across various metals and project development stages.	-	-	49/100
2nd	Electric Metals 2011, Toronto (Canada), Public	Mineral development company focused on advancing lithium and manganese projects to support the transition to renewable energy.	-	Crescat Capital, Green Minerals & 1 others	42/100
3rd	Western Magnesium 1966, Vancouver (Canada), Public	Producer and supplier of magnesium metal and alloys	-	-	40/100
4th	Latrobe Magnesium 1986, Sydney (Australia), Public	Manufacturer of magnesium components	-	Peak Asset Management	38/100
5th	Jainam Ferro 2014, Raipur (India), Public	Manufacturer and exporter of manganese alloys	-	-	35/100
6th	Southern Magnesium & Chemicals Limited 1985, Hyderabad (India), Public	Manufacturer of magnesium metals	-	-	27/100
7th	Bhagyanagar Magnesium 2023, Hyderabad (India), Unfunded	Provider of end-to-end lightweighting solutions using high-quality magnesium alloys	-	-	21/100
8th	Amacor 2001, Anderson (United States), Unfunded	Provider of magnesium scrap recycling and alloy ingot supply services	-	-	21/100
9th	MFE Magnesium For Europe 2021, Frankfurt Am Main (Germany), Unfunded	Provider of green and cost-efficient primary magnesium production in Europe.	-	-	16/100
10th	Ibex_America Palm Harbor (United States), Unfunded	Provider of recycled magnesium alloy and magnesium recycling facility services	-	-	16/100

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Electric Metals has made no investments or acquisitions yet.

Here is the latest report on Electric Metals's sector:

Free

Metals and Alloys - Sector Report

Edition: June, 2026 (63 Pages)

View all reports related to Electric Metals

Media has covered Electric Metals for a total of 17 events in the last 1 year, 12 of them have been about company updates and 1 about people movement.