Almonty: Funding, Investors & Team (Sep 2026)
Almonty specializes in acquiring distressed and underperforming operations and assets in tungsten markets. These then benefit from the company’s in-house operating experience and unrivalled expertise.Highly regarded as a hands-on, turnaround investor-operator, Almonty is an expert at overseeing projects regarded as too complex or difficult for the average, pure ‘financial investor’.
Almonty has raised $829M across 2 funding rounds on record, the most recent an undisclosed round of $700M announced in Jun 2026.
That round is above the $2.2M median round size for Natural Resources companies tracked on FundedIQ over the last two years.
Almonty Company Profile and Key Stats
Latest funding round on record: Jun 2026.
Almonty Funding Rounds
Almonty raised $129M in an undisclosed round announced in Dec 2025.
6 months later, an undisclosed round of $700M was announced in Jun 2026.
Almonty Founders and Leadership Team
Contact details for the Almonty team: 1 of 1 has an email address on file.
Start 14-day free trial →Almonty Funding Compared to Other Natural Resources Startups
Almonty's latest round of $700M is above the median round in Natural Resources. Medians cover the last 24 months of disclosed rounds.
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Almonty Funding FAQs
What does Almonty do?
Almonty specializes in acquiring distressed and underperforming operations and assets in tungsten markets. These then benefit from the company’s in-house operating experience and unrivalled expertise.Highly regarded as a hands-on, turnaround investor-operator, Almonty is an expert at overseeing projects regarded as too complex or difficult for the average, pure ‘financial investor’.
How much funding has Almonty raised?
Almonty has raised $829M across 2 rounds on record. The most recent is an undisclosed round of $700M announced in Jun 2026.
When did Almonty last raise funding?
Almonty's most recent funding round on record is an undisclosed round of $700M, announced in Jun 2026.
Who founded Almonty?
FundedIQ lists Lewis Black (Founder) at Almonty.
Where is Almonty headquartered?
Almonty is based in Toronto, Ontario, Canada.
How many employees does Almonty have?
Almonty is in the 251-500 employee band.
How does Almonty's funding compare to other Natural Resources startups?
Almonty's latest round of $700M is above the $2.2M median round size for Natural Resources companies on FundedIQ across 620 tracked companies over the last two years.
About FundedIQ's Almonty Funding Data
FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.
Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Almonty is left off this page rather than filled in.
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