FundedIQ
Manufacturing

Hot Chili: Funding, Investors & Team (Sep 2026)

Hot Chili Limited is an ASX-listed copper developer with the largest copper resource on the ASX that is not controlled by a major mining company. The company aims to become a significant player in the copper mining industry by developing the Costa Fuego Mineral Resource, which currently contains 2.9 million tonnes of copper, 2.7 million ounces of gold, 9.9 million ounces of silver, and 64,000 tonnes of molybdenum.

www.hotchili.net.au LinkedIn Applecross, Australia 51-100 employees
Industrial Mineral Precious Metals
Total raised
$44.6M
Rounds
2
Latest
Undisclosed round
Feb 2026

Hot Chili has raised $44.6M across 2 funding rounds on record, the most recent an undisclosed round of $28.1M announced in Feb 2026.

That round is above the $5.0M median round size for Manufacturing companies tracked on FundedIQ over the last two years.

Hot Chili Company Profile and Key Stats

Total funding raised
$44.6M
across 2 rounds on record
Funding rounds on record
2
Latest funding round
Undisclosed round
$28.1M in Feb 2026
Employees
51-100
reported band
Headquarters
Applecross, Australia

Latest funding round on record: Feb 2026.

Hot Chili Funding Rounds

Date
Round
Amount
Undisclosed round
$28.1M
Undisclosed round
$16.5M

Hot Chili raised $16.5M in an undisclosed round announced in May 2024.

1.8 years later, an undisclosed round of $28.1M was announced in Feb 2026.

Hot Chili Founders and Leadership Team

Name
Role
Contact
Christian Ervin Easterday
Founder
Locked

Contact details for the Hot Chili team: 1 of 1 has an email address on file.

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Hot Chili Funding Compared to Other Manufacturing Startups

Segment
Companies
Median round
1,058
$5.0M
1,156
$4.0M

Hot Chili's latest round of $28.1M is above the median round in Manufacturing. Medians cover the last 24 months of disclosed rounds.

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Hot Chili Funding FAQs

What does Hot Chili do?

Hot Chili Limited is an ASX-listed copper developer with the largest copper resource on the ASX that is not controlled by a major mining company. The company aims to become a significant player in the copper mining industry by developing the Costa Fuego Mineral Resource, which currently contains 2.9 million tonnes of copper, 2.7 million ounces of gold, 9.9 million ounces of silver, and 64,000 tonnes of molybdenum.

How much funding has Hot Chili raised?

Hot Chili has raised $44.6M across 2 rounds on record. The most recent is an undisclosed round of $28.1M announced in Feb 2026.

When did Hot Chili last raise funding?

Hot Chili's most recent funding round on record is an undisclosed round of $28.1M, announced in Feb 2026.

Who founded Hot Chili?

FundedIQ lists Christian Ervin Easterday (Founder) at Hot Chili.

Where is Hot Chili headquartered?

Hot Chili is based in Applecross, Western Australia, Australia.

How many employees does Hot Chili have?

Hot Chili is in the 51-100 employee band.

How does Hot Chili's funding compare to other Manufacturing startups?

Hot Chili's latest round of $28.1M is above the $5.0M median round size for Manufacturing companies on FundedIQ across 1,058 tracked companies over the last two years.

About FundedIQ's Hot Chili 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 Hot Chili is left off this page rather than filled in.

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