FundedIQ
Natural Resources

Canada Nickel Company: Funding, Investors & Team (Aug 2026)

Canada Nickel is advancing the next generation of high quality, high potential nickel-cobalt projects to deliver the metals needed to power the electric vehicle revolution and feed the high growth stainless steel market. The company is publicly traded on the Toronto Venture Stock Exchange under the code "CNC".

canadanickel.com LinkedIn Toronto, Canada 11-50 employees
Total raised
$154M
Rounds
10
Latest
Undisclosed round
May 2026

Canada Nickel Company has raised $154M across 10 funding rounds on record, the most recent an undisclosed round of $3.6M announced in May 2026.

That round is above the $2.2M median round size for Natural Resources companies tracked on FundedIQ over the last two years.

Canada Nickel Company Company Profile and Key Stats

Total funding raised
$154M
across 10 rounds on record
Funding rounds on record
10
Latest funding round
Undisclosed round
$3.6M in May 2026
Employees
11-50
reported band
Headquarters
Toronto, Canada

Latest funding round on record: May 2026.

Canada Nickel Company Funding Rounds

Date
Round
Amount
Undisclosed round
$3.6M
Undisclosed round
$32.0M
Undisclosed round
$8.5M
Undisclosed round
$20.0M
Undisclosed round
$3.4M
Undisclosed round
$15.0M
Undisclosed round
$18.5M
Undisclosed round
$24.0M
Post-IPO Equity
$19.4M
Post-IPO Debt
$10.0M

Canada Nickel Company raised $24.0M in an undisclosed round announced in Feb 2023.

11 months later, an undisclosed round of $18.5M was announced in Jan 2024.

5 months later, an undisclosed round of $15.0M was announced in Jun 2024.

8 months later, an undisclosed round of $3.4M was announced in Feb 2025.

3 months later, an undisclosed round of $20.0M was announced in May 2025.

6 months later, an undisclosed round of $8.5M was announced in Nov 2025.

3 months later, an undisclosed round of $32.0M was announced in Feb 2026.

3 months later, an undisclosed round of $3.6M was announced in May 2026.

Canada Nickel Company Founders and Leadership Team

Name
Role
Contact
Mark Selby
Founder
Locked

Contact details for the Canada Nickel Company team: 1 of 1 has an email address on file.

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Canada Nickel Company Funding Compared to Other Natural Resources Startups

Segment
Companies
Median round
3,081
$2.2M

Canada Nickel Company's latest round of $3.6M is above the median round in Natural Resources. Medians cover the last 24 months of disclosed rounds.

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Canada Nickel Company Funding FAQs

What does Canada Nickel Company do?

Canada Nickel is advancing the next generation of high quality, high potential nickel-cobalt projects to deliver the metals needed to power the electric vehicle revolution and feed the high growth stainless steel market. The company is publicly traded on the Toronto Venture Stock Exchange under the code "CNC".

How much funding has Canada Nickel Company raised?

Canada Nickel Company has raised $154M across 10 rounds on record. The most recent is an undisclosed round of $3.6M announced in May 2026.

When did Canada Nickel Company last raise funding?

Canada Nickel Company's most recent funding round on record is an undisclosed round of $3.6M, announced in May 2026.

Who founded Canada Nickel Company?

FundedIQ lists Mark Selby (Founder) at Canada Nickel Company.

Where is Canada Nickel Company headquartered?

Canada Nickel Company is based in Toronto, Ontario, Canada.

How many employees does Canada Nickel Company have?

Canada Nickel Company is in the 11-50 employee band.

How does Canada Nickel Company's funding compare to other Natural Resources startups?

Canada Nickel Company's latest round of $3.6M 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 Canada Nickel Company 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 Canada Nickel Company is left off this page rather than filled in.

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