How many total Mining companies are there?

As of May 2026, there are 14,254 active companies in Mining sector.

Which countries have the most Mining companies?

Canada (2,347) has the highest number of Mining companies, followed by Australia (1,810) and United States (1,332).

How many Mining companies are funded?

As of May 2026, 3,608 companies in this sector have received funding.

Which company has raised the most funding in Mining sector?

As of May 2026, KoBold Metals has secured $1.22B in funding, making it the highest-funded company in the Mining sector.

Which country has attracted the most investment in Mining companies?

With $39.8B in total funding, Canada has attracted the most investment among Mining companies.

Who are the top investors in Mining companies?

The top investors in Mining companies by number of investments are Europa, Resource Capital Funds and Eric Sprott

How much venture capital has Mining sector attracted?

In the last 10 years, venture capital firms have invested $5.17B in this sector.

Mining - 2026 Market & Investments Trends

Companies included in Mining sector

Companies which provide software solutions for exploration, mine planning, operations, refinery, inventory management, supply chain management and also general management solutions for mining like finance and accounting, HR, health safety and compliance, data and analytics, and simulators. Also included are companies providing tech-enabled services through proprietary hardware such as drill rig alignment technology, communication technologies, etc.

Companies excluded in Mining sector

Companies that manufacture traditional equipment, business services companies in staffing, marketing, IT services, consulting and online listing platforms for software/hardware products.

Key Metrics

Total Companies

14.7K

Top Companies

Vale, Glencore & more

Total Funding

Funded Companies

Series A+ Companies

Series C+ Companies

Unicorns Created

IPOs

2.87K

Acquisitions

811

Also known as

Mining Tech or Mining Tech

View complete details of this sector

The market map of Mining gives a visual overview of the sector, showing key business models, their interactions in the value chain, and industry evolution.

Recent BlueBox/Industry Definition image of Mining

There are more than 14.7K companies in Mining. Vale is the top Mining company globally, ranked using Tracxn Score (what's this?).

Here are 5 of the top Mining companies globally:

Company	Description	Location	Founded	Current Stage	Private Funding Raised
Vale	Provider of iron ore and nickel exploration services	Rio de Janeiro (Brazil)	1942	Public	-
Glencore	Producer and supplier of metals and minerals	Baar (Switzerland)	1974	Public	$2.2B
Alcoa	Manufacturer of aluminum, alumina, and bauxite products for various industries	Pittsburgh (United States)	1888	Public	-
Sandvik	Manufacturer of mining and infrastructure equipment tools	Stockholm (Sweden)	1862	Public	-
Leica-Geosystems	Manufacturer of surveying instruments, reality capture and machine control systems	Germany	1819	Acquired	-

Get a longer list of companies

Companies founded year-on-year in the Mining sector

2 new startups have been founded so far in 2026 in the Mining sector. 497 Mining startups were founded in 2020 - this is the most number of startups founded in any year in the last 10 years.

Total Number of Companies

Year	No. of companies
2026	2
2025	30
2024	101
2023	284
2022	358
2021	490
2020	497
2019	388
2018	418
2017	314

Companies founded across countries in the Mining sector

Canada has 2,347 Mining startups, the most by any country, followed by Australia which has 1,810 startups and United States which has 1,332.

Total Number of Companies

Country	No. of companies
Canada	2,347
Australia	1,810
United States	1,332
India	828
South Africa	610
United Kingdom	568
China	369
Germany	228
Indonesia	192
Chile	152

Stage-wise distribution of the Mining sector

Out of the total 14,723 Mining companies, 3,608 have secured funding. Among them, 3,957 have reached Series A or higher, and 3,872 to Series B or beyond.

Founded - 14,723

Funded - 3,608

Series A+ - 3,957

Series B+ - 3,872

Series C+ - 3,827

Company Stage	No. of companies
Founded	14,723
Funded	3,608
Series A+	3,957
Series B+	3,872
Series C+	3,827

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14.7K+ Total Companies
$176B+ Total Funding
3.6K+ Funded Companies
2.9K+ IPOs
810+ Acquisitions
10+ Reports

Total funding year-on-year in the Mining sector

The Mining sector saw a total funding of more than $129B in the last 10 years. The most amount of funding was in 2018 at more than $27.6B. There has been a total funding of $5.78B in 2026 till date.

Total Funding

Year	Total Funding
2026	$5.78B
2025	$13.6B
2024	$8.23B
2023	$7.86B
2022	$9B
2021	$9.12B
2020	$11.1B
2019	$25.9B
2018	$27.6B
2017	$10.7B

Total funding across countries in the Mining sector

In the last 10 years, Mining startups in Canada have recieved the highest funding among all countries - $39.8B. United States follows with $17.4B and Australia with $13B.

Total Funding

Country	Total Funding
Canada	$39.8B
United States	$17.4B
Australia	$13B
Chile	$8.25B
United Kingdom	$2.63B
China	$1.65B
India	$1.49B
Sweden	$1.16B
Finland	$756M
Germany	$66.2M

Total funding amount raised by stage in the Mining sector

Over the last 10 years, the Mining sector have seen $468M into Seed Stage funding rounds, $3.17B into Early Stage funding rounds and $3.38B go into Late Stage funding rounds.

Funding Stage	Total Funding
Post IPO	$60.7B
Debt	$48.8B
Late Stage	$3.38B
Early Stage	$3.17B
Other-Equity	$3B
Grant	$2.25B
Seed Stage	$468M
PE	$409M
ICO	$700K

Recent Funding Rounds in Mining

In the year 2026, till May 2026, Mining companies have raised $223M in equity funding across 42 rounds. In the same period last year (i.e. till May 2025), Mining companies had raised $314M across 74 rounds. So, 2026 has seen a 28.9% drop in funding in Mining companies as compared to 2025.

Here are some recent, important funding rounds in Mining:

Company	Round Raised	Amount Raised	Funding Date	Investors
Siyanqobangamandla	Seed	1455	May 06, 2026	Edge Growth
Lithosquare	Seed	5707	May 05, 2026	World Fund and 4 more
Geolith	Seed	1044	May 04, 2026	KBR
One Bullion	Seed	8021	May 04, 2026	-
Canadian Energy Metals	Seed	8680	Apr 30, 2026	-

See a more detailed list of funding rounds

Europa is the top investor in Mining companies based on number of companies invested.

Here are some top investors in Mining:

Investor	Location	Top Portfolio Companies
Europa	Belgium	Sandvik, Leica-Geosystems, Kennametal and Anglo American
Resource Capital Funds	Denver (United States)	Lundin Mining, Resolute, VRIFY and Evolution Mining
Eric Sprott	Canada (United States)	-
OSTI	Oak Ridge (United States)	Cat, Caterpillar, Phoenix Tailings and Rio Tinto
Crescat Capital	Denver (United States)	Inflection Resources, Tectonic Metals, Goliath Resources and Blue Lagoon Resources

See a more detailed list of investors

In the year 2026, till May 2026, 33 acquisitions happened in Mining sector. Last year, in 2025, a total of 95 acquisitions happened in Mining sector.

Here are some recent, important acquisitions in Mining:

Company	Acquisition Type	Acquisition Date	Acquirers
European Lithium	Business Acquisition	May 02, 2026	Critical Metals Corp
Kalahari Copper	Business Acquisition	Apr 27, 2026	servalresources.com
Rupert Resources	Business Acquisition	Apr 20, 2026	Agnico Eagle
Serra Verde	Business Acquisition	Apr 20, 2026	USA Rare Earth
Tanbreez	Business Acquisition	Apr 20, 2026	Critical Metals Corp

See a more detailed list of acquisitions

Acquisition trends in Mining

Here are the acquisition trends in Mining:

Total Number of Acquisitions

Year	No. of companies
2026	33
2025	95
2024	94
2023	77
2022	105
2021	71
2020	53
2019	46
2018	68
2017	44

In the year 2026, till May 2026, 42 IPOs happened in Mining sector.

Here are some recent, important IPOs in Mining:

Company	IPO Date	Exchange Symbol
Li-FT	May 26, 2026	Australian Securities Exchange (ASX)
Silver Tiger Metals	May 21, 2026	Toronto Stock Exchange (TSX)
Discovery Harbour	May 14, 2026	Toronto Stock Exchange (TSX)
Kaokometals	May 07, 2026	Australian Securities Exchange (ASX)
Rare Earths Americas	May 06, 2026	New York Stock Exchange (NYSEMKT)

See a more detailed list of IPOs

Companies founded by alumni from top colleges in the Mining sector

Most number of Mining startups have been founded by alumni from Massachusetts Institute of Technology, The University of British Columbia and University of Toronto.

College	No. of companies
Massachusetts Institute of Technology	13
The University of British Columbia	12
University of Toronto	10
Harvard University	9
Imperial College London	9
McGill University	9
Harvard Business School	8
Queen's University	8
University of Pennsylvania	8
University of California (Berkeley)	7

Total funding in companies founded by alumni from top colleges in the the Mining sector

In the last 10 years, Imperial College London graduates' Mining companies have raised the most funding among top colleges. Harvard University alumni are second, and University of Cambridge alumni are third.

College	Total Funding
Imperial College London	$1.39B
Harvard University	$1.29B
University of Cambridge	$1.25B
Cornell University	$1.22B
Yale University	$600M
Booth School of Business	$380M
University of Chicago	$380M
The Hebrew University of Jerusalem	$310M
Tel Aviv University	$308M
The University of British Columbia	$276M