When was PolarX founded?

PolarX was founded in 1945 and raised its 1st funding round 67 years after it was founded.

Where is PolarX located?

PolarX is headquartered in Subiaco, Australia.

How many employees does PolarX have?

As of Jul 31, 2026, the latest employee count at PolarX is 6.

Is PolarX a funded company?

PolarX is a funded company, having raised a total of $3.22M across 9 funding rounds to date. The company's 1st funding round was a $***** Series A round, raised on Apr 20, 2012.

When was the latest funding round of PolarX?

PolarX's latest funding was a $***** Post IPO round on Dec 16, 2021, with participation from 0 investor.

Where does PolarX rank among its competitors?

PolarX ranks 191st amongst 1255 active competitors, of which 33 are funded. It stands 2nd in terms of total funding among its competitors. The most recent competitor to raise funding was New Gold, which secured $11.1M in Mar, 2025.

Who are the top competitors of PolarX?

PolarX's top competitors include Vale, BHP and Globex Mining. Among them, New Gold secured the most recent funding round in March, 2025.

PolarX - 2026 Company Profile, Funding & Competitors

PolarX is a public company based in Subiaco (Australia), founded in 1945. It operates as a Copper and gold mining and exploration company. PolarX has raised $3.22M in funding. The company has 1255 active competitors, including 33 funded and 698 that have exited. Its top competitors include companies like Vale, BHP and Globex Mining.

Company Details

PolarX is a copper and gold mining and exploration company based in Alaska. Its projects include Stellar project and Caribou Dome project. The Stellar project comprises 182 contiguous state mining claims and it covers 240 square kilometers. The Caribou Dome project comprises 202 mineral claims covering 107 square kilometers located approximately 250km northeast of Anchorage.

Website: polarx.com.au
Email ID: *****@polarx.com.au

Key Metrics

Founded Year

1945

Location

Subiaco, Australia

Stage

Public

Total Funding

$3.22M in 9 rounds

Latest Funding Round

Post IPO, Dec 16, 2021, $*****

Investors

Lundin Mining

Ranked

191^st among 1255 active competitors

Employee Count

6 as on Jul 31, 2026

Similar Companies

Vale & 1307 more

Exit Details

Public

View PolarX's full profile

PolarX got listed on Dec 21, 2012.

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

PolarX has raised a total funding of $3.22M over 9 rounds. Its first funding round was on Apr 20, 2012. PolarX has 1 institutional investor.

Here is the list of recent funding rounds of PolarX:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Dec 16, 2021	1260186	Post IPO	2927300	4088851	2423354	4212837
Feb 10, 2021	7580725	Post IPO	6360927	2395597	8199346	2142843
Jun 18, 2020	6421845	Post IPO	9633164	8990940	4384265	1429483

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View details of PolarX's funding rounds and investors

PolarX's employee count trend

PolarX has 6 employees as of Jul 26. Here is PolarX's employee count trend over the years:

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Top competitors of PolarX include Vale, BHP and Globex Mining. Here is the list of Top 10 competitors of PolarX, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Vale 1942, Rio de Janeiro (Brazil), Public	Provider of iron ore and nickel exploration services	-	Maaden, BNDES & 11 others	69/100
2nd	BHP 1885, Melbourne (Australia), Public	Provider of multinational mining, metals, and natural gas petroleum services	-	AUI, Carlton Investments & 10 others	62/100
3rd	Globex Mining 1949, Rouyn Noranda (Canada), Public	Diversified metals exploration and development company	$19.6M	Yamana Gold, Manganese X Energy & 1 others	60/100
4th	Hindustan Zinc 1966, Udaipur (India), Acquired	Zinc, lead and silver mining company	-	-	59/100
5th	New Gold 1996, Ontario (United States), Acquired	Gold mining company	-	RBC Capital Markets, Ontario Teachers' Pension Plan ... & 1 others	58/100
6th	Sibanye-Stillwater 2012, Westonaria (South Africa), Public	Producer of gold	-	Lone Bull Group, Milost Global	58/100
7th	Severstal 1955, Cherepovets (Russia), Acquired	Vertically integrated steel and steel-related mining company	-	Severgroup	57/100
8th	Eldorado Gold 1992, Vancouver (Canada), Public	Gold and base metal exploration company	-	National Bank Financial Wealth Management, BMO Capital Markets ... & 2 others	56/100
9th	USAC 1968, Thompson Falls (United States), Public	Mining & exploration company focused on antimony and precious metals	$2.2M	-	55/100
10th	Boliden 1924, Sweden, Public	Operator of mines and smelters producing base and precious metals	-	Forestum Capital, Europa	55/100
191st	PolarX 1945, Subiaco (Australia), Public	Copper and gold mining and exploration company	$3.22M	Lundin Mining	43/100