How many total Mining companies are there?

As of Aug 2026, there are 14,790 active companies in Mining sector.

Which countries have the most Mining companies?

Canada (2,369) has the highest number of Mining companies, followed by Australia (1,824) and United States (1,352).

How many Mining companies are funded?

As of Aug 2026, 3,642 companies in this sector have received funding.

Which company has raised the most funding in Mining sector?

As of Aug 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 $39.6B 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 $5.5B 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

15.3K

Top Companies

Rio Tinto, Glencore & more

Total Funding

Funded Companies

Series A+ Companies

Series C+ Companies

Unicorns Created

IPOs

2.88K

Acquisitions

810

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 15.3K companies in Mining. Rio Tinto 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
Rio Tinto	Manufacturer of metals and minerals	London (United Kingdom)	1873	Public	-
Glencore	Producer and supplier of metals and minerals	Baar (Switzerland)	1974	Public	$2.2B
Vale	Provider of iron ore and nickel exploration services	Rio de Janeiro (Brazil)	1942	Public	-
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	-

Get a longer list of companies

Companies founded year-on-year in the Mining sector

153 new startups have been founded so far in 2026 in the Mining sector. 502 Mining startups were founded in 2021 - 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	153
2025	43
2024	113
2023	294
2022	371
2021	502
2020	496
2019	395
2018	428
2017	316

Companies founded across countries in the Mining sector

Canada has 2,369 Mining startups, the most by any country, followed by Australia which has 1,824 startups and United States which has 1,352.

Total Number of Companies

Country	No. of companies
Canada	2,369
Australia	1,824
United States	1,352
India	900
South Africa	629
United Kingdom	580
China	378
Germany	228
Indonesia	196
Chile	161

Stage-wise distribution of the Mining sector

Out of the total 15,259 Mining companies, 3,642 have secured funding. Among them, 3,981 have reached Series A or higher, and 3,896 to Series B or beyond.

Founded - 15,259

Funded - 3,642

Series A+ - 3,981

Series B+ - 3,896

Series C+ - 3,846

Company Stage	No. of companies
Founded	15,259
Funded	3,642
Series A+	3,981
Series B+	3,896
Series C+	3,846

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15.3K+ Total Companies
$177B+ Total Funding
3.6K+ Funded Companies
2.9K+ IPOs
805+ Acquisitions
10+ Reports

Total funding year-on-year in the Mining sector

The Mining sector saw a total funding of more than $130B in the last 10 years. The most amount of funding was in 2018 at more than $27.5B. There has been a total funding of $7.19B in 2026 till date.

Total Funding

Year	Total Funding
2026	$7.19B
2025	$13.5B
2024	$8.16B
2023	$7.77B
2022	$8.94B
2021	$9.11B
2020	$11.1B
2019	$25.8B
2018	$27.5B
2017	$10.9B

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 - $39.6B. United States follows with $18.1B and Australia with $11.8B.

Total Funding

Country	Total Funding
Canada	$39.6B
United States	$18.1B
Australia	$11.8B
Chile	$8.25B
United Kingdom	$2.6B
China	$1.66B
India	$1.24B
Sweden	$1.16B
Finland	$755M
Germany	$84.1M

Total funding amount raised by stage in the Mining sector

Over the last 10 years, the Mining sector have seen $445M into Seed Stage funding rounds, $3.33B into Early Stage funding rounds and $3.88B go into Late Stage funding rounds.

Funding Stage	Total Funding
Post IPO	$60.3B
Debt	$47.7B
Late Stage	$3.88B
Early Stage	$3.33B
Other-Equity	$3B
Grant	$2.27B
Seed Stage	$445M
PE	$253M
ICO	$700K

Recent Funding Rounds in Mining

In the year 2026, till August 2026, Mining companies have raised $1.19B in equity funding across 71 rounds. In the same period last year (i.e. till August 2025), Mining companies had raised $638M across 93 rounds. So, 2026 has seen a 86.72% rise 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
Mariana Minerals	Series B	4174	Aug 03, 2026	Khosla Ventures and 13 more
Geomorph AI	Seed	6094	Jul 29, 2026	Endeavour Financial
GroundedAI	Seed	4840	Jul 16, 2026	StandUp Ventures and 5 more
Quilla Resources	Series B	1573	Jul 13, 2026	-
Grey Composite Wear Technologies	Series A	4458	Jul 10, 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	Rio Tinto, Sandvik, Kennametal and Anglo American
Resource Capital Funds	Denver (United States)	Lundin Mining, Resolute, VRIFY and IAMGOLD
Eric Sprott	Canada (United States)	-
OSTI	Oak Ridge (United States)	Rio Tinto, Cat, Hexagon and Caterpillar
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 August 2026, 42 acquisitions happened in Mining sector. Last year, in 2025, a total of 96 acquisitions happened in Mining sector.

Here are some recent, important acquisitions in Mining:

Company	Acquisition Type	Acquisition Date	Acquirers
IsoEnergy	Business Acquisition	Aug 04, 2026	-
Lomiko Metals	Business Acquisition	Jul 29, 2026	Global Battery
General Drilling	Business Acquisition	Jul 22, 2026	Mascarene Partners
Toro	Business Acquisition	Jun 25, 2026	IsoEnergy
Gold Basin Corp	Business Acquisition	Jun 10, 2026	CANEX

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	42
2025	96
2024	92
2023	78
2022	105
2021	69
2020	53
2019	46
2018	64
2017	43

In the year 2026, till August 2026, 63 IPOs happened in Mining sector.

Here are some recent, important IPOs in Mining:

Company	IPO Date	Exchange Symbol
Edgecopper	Aug 05, 2026	Toronto Stock Exchange (TSX)
Imcrareearths	Jul 29, 2026	New York Stock Exchange (NYSEMKT)
Centenario Gold	Jul 27, 2026	Canadian Securities Exchange (CSE)
Cmll	Jul 24, 2026	Bombay Stock Exchange (BSE), National Stock Exchange (NSE)
Generation Uranium	Jul 24, 2026	Canadian Securities Exchange (CSE)

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, University of Pennsylvania and Harvard University.

College	No. of companies
Massachusetts Institute of Technology	8
University of Pennsylvania	7
Harvard University	6
University of Cambridge	6
University of Toronto	6
Cornell University	5
Stanford University	5
University of California (Berkeley)	5
University of California (Los Angeles)	5
Harvard Business School	4

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

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

College	Total Funding
Harvard University	$1.26B
Stanford University	$264M
University of Edinburgh	$241M
Massachusetts Institute of Technology	$203M
University of Waterloo	$145M
The University of British Columbia	$134M
University of Toronto	$104M
London School of Economics and Political Science	$78.2M
University of California (Berkeley)	$55.4M
The University of Sydney	$43.4M