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Top 41 Mining Startups to Watch in 2026

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The modern mining sector is increasingly driven by technology, from AI powered discovery to new extraction methods. This shift is attracting large investments, with companies like KoBold Metals raising over $944 million to find critical minerals.

Other startups are focused on making mining cleaner and more sustainable. For example, Eden uses electricity to break rocks, and Allonnia uses biotechnology to handle mining waste.

Below is our list of 41 Mining startups worth keeping an eye on.

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Domino Data Lab builds an enterprise platform for data science teams to develop and deploy AI and machine learning models faster. The platform is designed to centralize infrastructure and tools, enabling organizations to scale their AI initiatives.

HeadquartersSan Francisco, California, United States
Year Founded2013
FoundersChris Yang, Matthew Granade, Nick Elprin
Funding Amount$223.6M
Startup SizeLarge Team (251-1,000)
Last Funding StatusVenture Round
Top InvestorsNVIDIA, Sequoia Capital, HOF Capital, Great Hill Partners, Slow Ventures

Emirates Global Aluminium operates as the world’s largest producer of ‘premium aluminium’ and stands as the biggest industrial company in the United Arab Emirates outside of oil and gas. They supply this metal for a wide range of applications, from automotive parts to construction materials.

HeadquartersDubai, Dubai, United Arab Emirates
Year Founded1975
FoundersSheikh Rashid bin Saeed Al Maktoum
Funding Amount$600M
Startup SizeEnterprise Organization (5,001+)
Last Funding StatusDebt Financing
Top InvestorsMashreq Bank, Standard Chartered Bank, Emirates NBD, Commercial Bank of Dubai

Eden developed a technology that uses electricity to fracture rock deep underground for natural resource recovery. This process increases permeability, enabling more efficient geothermal energy production and sustainable mining.

HeadquartersSomerville, Massachusetts, United States
Year Founded2017
FoundersAmmar Alali, Paris Smalls
Funding Amount$18.2M
Startup SizeLean Team (11-50)
Last Funding Status
Top InvestorsNational Science Foundation, Good Growth Capital, Portfolia, Anglo American, US Department of Energy

KoBold Metals uses artificial intelligence to discover the critical minerals needed for electric vehicles and renewable energy. Their proprietary technology platform analyzes geological data to pinpoint new deposits of resources like cobalt, nickel, and lithium.

HeadquartersBerkeley, California, United States
Year Founded2018
FoundersJeff Jurinak, Josh Goldman, Kurt Zenz House
Funding Amount$944.5M
Startup SizeMid-Size Team (51-250)
Last Funding StatusSeries C
Top InvestorsAndreessen Horowitz, Bond, StepStone Group, BHP, Mitsubishi Corporation

Infinitum builds a new class of high-efficiency electric motors using a patented air-core stator made from a printed circuit board. Their design results in motors that are half the size and weight of conventional ones, offering a more sustainable and powerful option for the automotive, HVAC, and data center industries.

HeadquartersAustin, Texas, United States
Year Founded2016
FoundersBen Schuler
Funding Amount$457.7M
Startup SizeMid-Size Team (51-250)
Last Funding StatusGrant
Top InvestorsCottonwood Technology Fund, Rockwell Automation, US Department of Energy, Just Climate, Galvanize Climate Solutions

Space DOTS provides an intelligence core for detecting and attributing hidden threats within the space domain. Their platform delivers real-time, high-precision data to improve Space Domain Awareness and manage space traffic.

HeadquartersLondon, England, United Kingdom
Year Founded2021
FoundersBianca Cefalo
Funding Amount$5.1M
Startup SizeFounding Team (1-10)
Last Funding StatusSeed
Top Investors7percent Ventures, Seraphim Space, General Electric, Female Founders Fund, Boost VC

ByteDance builds content platforms that use machine learning to help people create and discover engaging videos and information. Their breakout app, TikTok, has grown into a global destination for short-form video and cultural trends.

HeadquartersBeijing, Beijing, China
Year Founded2012
FoundersRubo Liang, Yiming Zhang
Funding Amount$9.5B
Startup SizeEnterprise Organization (5,001+)
Last Funding StatusSecondary Market
Top InvestorsGeneral Atlantic, Sequoia Capital, HSG, New Enterprise Associates, TCV

TechMet builds projects that produce, process, and recycle the critical minerals required for the global clean energy transition. Their portfolio secures the supply chain for key metals like lithium and nickel, directly supporting the electric vehicle and renewable energy industries.

HeadquartersDublin, Dublin, Ireland
Year Founded2017
FoundersBrian Menell
Funding Amount$551.5M
Startup SizeLean Team (11-50)
Last Funding StatusPrivate Equity
Top InvestorsS2G Investments, Mercuria, U.S. International Development Finance Corp, Qatar Investment Authority, Ruttenberg Gordon Investments

Allonnia creates biological treatments for some of the world's most persistent waste streams. Their teams engineer microbes and enzymes to break down and upcycle contaminants, focusing on plastics, PFAS, and byproducts from mining.

HeadquartersBoston, Massachusetts, United States
Year Founded2020
FoundersNicole Richards
Funding Amount$90M
Startup SizeLean Team (11-50)
Last Funding StatusSeries A
Top InvestorsGeneral Atlantic, Ginkgo Bioworks, Vale, Battelle, Bison Ventures

Noveon Magnetics developed a proprietary Magnet-to-Magnet recycling process that transforms magnetic waste into new high-performance magnets. Their technology helps create a circular economy and a resilient domestic supply chain for critical rare earth materials.

HeadquartersSan Marcos, Texas, United States
Year Founded2014
FoundersCatalina Oana Tudor, Scott Dunn
Funding Amount$128.8M
Startup SizeLean Team (11-50)
Last Funding StatusGrant
Top InvestorsNGP Energy Capital Management, U.S. Department of Defense, Canadian Shield Capital, Aventurine Partners

31 Additional Mining Startups Worth Following

Our top picks are just a glimpse into a much larger movement. Across the board, companies have raised billions to improve everything from manufacturing processes to data analysis.

You'll find a mix of new startups and established players, each contributing in their own way. Here’s a closer look at the other companies shaping the mining startup ecosystem.

StartupMain IndustryYear FoundedAmount RaisedLast Funding Round
Fleet Space Technologies logo Fleet Space TechnologiesHardware2015$170.1MSeries D
Windfall Bio logo Windfall BioAgTech2022$37MSeries A
Bitfury Group logo Bitfury GroupCrypto2011$170MVenture Round
BluWave-ai logo BluWave-aiEnergy2017CA$14.7MSeries A
Cornish Lithium logo Cornish LithiumEnergy2016£126.4MCorporate Round
Phoenix Tailings logo Phoenix TailingsManufacturing2019$102.6MSeries B
Qrvey logo QrveyAnalytics2015$11MSeries A
American Robotics logo American RoboticsAgTech2016$92MConvertible Note
Gerald Group logo Gerald GroupManufacturing1962$1.3BDebt Financing
Hitachi Energy logo Hitachi EnergyHardware1900$24.2MGrant
Endolith logo EndolithManufacturing2023$5.1MSeed
Briya logo BriyaCloud2021$17MSeries A
Nexxa.ai logo Nexxa.aiAI2024$4.4MPre-Seed
Impossible Metals logo Impossible MetalsManufacturing2020$12.1MSeed
beSirius logo beSiriusAI2022$4.8MSeed
Gold Candle logo Gold CandleManufacturing2015$94MVenture Round
ALKEMIO logo ALKEMIOEnvironment2023$400kPre-Seed
Giotto.ai logo Giotto.aiAI2017CHF10.7MVenture Round
CoinGecko logo CoinGeckoCrypto2014
Ausenco logo AusencoEnterprise1991$578MPrivate Equity
Elmery logo ElmeryManufacturing2022€4.8MGrant
Neuralzome Cybernetics logo Neuralzome CyberneticsAgTech2023$2.7MPre-Seed
Cobre del Mayo logo Cobre del MayoEnvironment$146.3MDebt Financing
Ceibo logo CeiboEnvironment2017$35MSeries B
Smart Data Foundry logo Smart Data FoundryAnalytics2020£3MGrant
Metalshub logo MetalshubHardware2016€14.4MSeries A
Kymera International logo Kymera InternationalManufacturing2001$775.2MDebt Financing
Guiabolso logo GuiabolsoFintech2012$66MVenture Round
Lympo logo LympoAnalytics2016€11.5MInitial Coin Offering
Plotlogic logo PlotlogicAnalytics2018$51MSeries B
Esper Satellite Imagery logo Esper Satellite ImageryMobility2019$4.3MSeed
IONMining logo IONMiningHardware2017$100MUndisclosed
Compañía Minera Raura logo Compañía Minera RauraEnvironment1960$126MDebt Financing
FORWARD Platform logo FORWARD PlatformAnalytics2013$14.1MSeries A
Dataddo logo DataddoAnalytics2016$5MVenture Round
Sierra Gorda SCM logo Sierra Gorda SCMManufacturing2012$500MDebt Financing
Oxylabs logo OxylabsData2015
Metinvest Group logo Metinvest GroupManufacturing2006€23.6MDebt Financing
Canner logo CannerAnalytics2018$4.5MConvertible Note
Feralpi Group logo Feralpi GroupManufacturing1968$170MDebt Financing
MAR mining logo MAR miningManufacturing2018$100MVenture Round
Quantum Platform logo Quantum PlatformAI2018$9.6MSeed
Block Green logo Block GreenCrypto2022$3.7MSeed
Volcano Energy logo Volcano EnergyCrypto2023$250MCorporate Round
WIDMO Spectral Technologies (formerly SGPR.TECH) logo WIDMO Spectral Technologies (formerly SGPR.TECH)Manufacturing2018€9.1MSeed
Asteroid Mining Corporation Ltd logo Asteroid Mining Corporation LtdMobility2016$1.2MPre-Seed
Four Point logo Four PointManufacturing2021€1.1MSeed
KFactory logo KFactoryData2017€820kSeed
ChangeOver Technologies logo ChangeOver TechnologiesManufacturing2009€5.7MEquity Crowdfunding
Russian Miner Coin logo Russian Miner CoinCrypto2017$43MInitial Coin Offering
NeuroSYS logo NeuroSYSAI2010€2MGrant
NNN Community logo NNN CommunityAnalytics2021$507kSeed
Jimeng Intelligent logo Jimeng IntelligentData2017CN¥10MSeries A
Summ.link logo Summ.linkAnalytics2016€150kPre-Seed
XY Miners logo XY MinersCrypto2017
RAG logo RAGManufacturing1968
Polska Grupa Górnicza logo Polska Grupa GórniczaEnergy2015
Mechmine logo MechmineAI2015
Oskar Rüegg AG logo Oskar Rüegg AGEnterprise1891

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