FundedIQ
Natural Resources

District Copper: Funding, Investors & Team (Aug 2026)

District Copper is a publicly traded Canadian exploration company focused on exploring and developing copper and gold properties in North America. Carmax holds a 100% interest in the Eaglehead copper-gold-molybdenum-silver porphyry project located in northern British Columbia as well as a 50% interest in the Whiskeyjack Creek gold project in northern Ontario. Northern Fox Copper Inc., a wholly owned subsidiary of Copper Fox Metals Inc., owns 60.4% of the common shares of Carmax.

www.carmaxmining.com Vancouver, Canada 51-100 employees
Mineral Mining
Total raised
$180k
Rounds
1
Latest
Undisclosed round
Mar 2026

District Copper has raised $180k across 1 funding round on record, the most recent an undisclosed round of $180k announced in Mar 2026.

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

District Copper Company Profile and Key Stats

Total funding raised
$180k
across 1 round on record
Funding rounds on record
1
Latest funding round
Undisclosed round
$180k in Mar 2026
Employees
51-100
reported band
Headquarters
Vancouver, Canada

Latest funding round on record: Mar 2026.

District Copper Funding Rounds

Date
Round
Amount
Undisclosed round
$180k

District Copper Founders and Leadership Team

Name
Role
Contact
Gil Clausen
Founder
Locked

Contact details for the District Copper team: 1 has a LinkedIn profile.

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District Copper Funding Compared to Other Natural Resources Startups

Segment
Companies
Median round
3,081
$2.2M

District Copper's latest round of $180k is below the median round in Natural Resources. Medians cover the last 24 months of disclosed rounds.

Funded Startups Like District Copper in Natural Resources and Vancouver

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District Copper Funding FAQs

What does District Copper do?

District Copper is a publicly traded Canadian exploration company focused on exploring and developing copper and gold properties in North America. Carmax holds a 100% interest in the Eaglehead copper-gold-molybdenum-silver porphyry project located in northern British Columbia as well as a 50% interest in the Whiskeyjack Creek gold project in northern Ontario. Northern Fox Copper Inc., a wholly owned subsidiary of Copper Fox Metals Inc., owns 60.4% of the common shares of Carmax.

How much funding has District Copper raised?

District Copper has raised $180k across 1 round on record. The most recent is an undisclosed round of $180k announced in Mar 2026.

When did District Copper last raise funding?

District Copper's most recent funding round on record is an undisclosed round of $180k, announced in Mar 2026.

Who founded District Copper?

FundedIQ lists Gil Clausen (Founder) at District Copper.

Where is District Copper headquartered?

District Copper is based in Vancouver, British Columbia, Canada.

How many employees does District Copper have?

District Copper is in the 51-100 employee band.

How does District Copper's funding compare to other Natural Resources startups?

District Copper's latest round of $180k is below the $2.2M median round size for Natural Resources companies on FundedIQ across 620 tracked companies over the last two years.

About FundedIQ's District Copper 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 District Copper is left off this page rather than filled in.

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