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Manufacturing

Pelangio Exploration: Funding, Investors & Team (Sep 2026)

Pelangio Exploration is a small company focused on gold exploration. They acquire and investigate large areas of land in well-known gold regions, employing innovative corporate strategies to maximize the value for their shareholders. Their recent accomplishment was the acquisition, investigation, reimagining, and subsequent sale of the Detour Lake discovery in northern Ontario, which now holds 15.6 million ounces of gold reserves and promising growth potential. Similar to their approach at Detour Lake, Pelangio consistently seeks out extensive land packages in established gold regions. Currently, their attention is on their latest ventures: the Manfo, Akroma, and Obuasi Properties in West Africa's Ghana. The Manfo Property is a 100 square kilometer area that sits between two operational gold mines and has shown promising near-surface discoveries of both high-grade and large tonnage deposits. The Akroma Property consists of two blocks covering 160 square kilometers and is situated north of the Sefwi belt, with plans to test geochemical targets in 2013. Additionally, Pelangio is actively exploring their 290 square kilometer Obuasi Property, which is located adjacent to the successful Obuasi mine operated by AngloGold Ashanti.

www.pelangio.com LinkedIn Burlington, Canada 11-50 employees
Industrial Mining Precious Metals
Total raised
$500k
Rounds
1
Latest
Undisclosed round
Sep 2023

Pelangio Exploration has raised $500k across 1 funding round on record, the most recent an undisclosed round of $500k announced in Sep 2023.

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

Pelangio Exploration Company Profile and Key Stats

Total funding raised
$500k
across 1 round on record
Funding rounds on record
1
Latest funding round
Undisclosed round
$500k in Sep 2023
Employees
11-50
reported band
Headquarters
Burlington, Canada

Latest funding round on record: Sep 2023.

Pelangio Exploration Funding Rounds

Date
Round
Amount
Undisclosed round
$500k

Pelangio Exploration Founders and Leadership Team

Name
Role
Contact
Ingrid Hibbard
CEO
Locked

Contact details for the Pelangio Exploration team: 1 of 1 has an email address on file.

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Pelangio Exploration Funding Compared to Other Manufacturing Startups

Segment
Companies
Median round
1,058
$5.0M
3,081
$2.2M

Pelangio Exploration's latest round of $500k is below the median round in Manufacturing. Medians cover the last 24 months of disclosed rounds.

Funded Startups Like Pelangio Exploration in Manufacturing and Burlington

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Pelangio Exploration Funding FAQs

What does Pelangio Exploration do?

Pelangio Exploration is a small company focused on gold exploration. They acquire and investigate large areas of land in well-known gold regions, employing innovative corporate strategies to maximize the value for their shareholders. Their recent accomplishment was the acquisition, investigation, reimagining, and subsequent sale of the Detour Lake discovery in northern Ontario, which now holds 15.6 million ounces of gold reserves and promising growth potential. Similar to their approach at Detour Lake, Pelangio consistently seeks out extensive land packages in established gold regions. Currently, their attention is on their latest ventures: the Manfo, Akroma, and Obuasi Properties in West Africa's Ghana. The Manfo Property is a 100 square kilometer area that sits between two operational gold mines and has shown promising near-surface discoveries of both high-grade and large tonnage deposits. The Akroma Property consists of two blocks covering 160 square kilometers and is situated north of the Sefwi belt, with plans to test geochemical targets in 2013. Additionally, Pelangio is actively exploring their 290 square kilometer Obuasi Property, which is located adjacent to the successful Obuasi mine operated by AngloGold Ashanti.

How much funding has Pelangio Exploration raised?

Pelangio Exploration has raised $500k across 1 round on record. The most recent is an undisclosed round of $500k announced in Sep 2023.

When did Pelangio Exploration last raise funding?

Pelangio Exploration's most recent funding round on record is an undisclosed round of $500k, announced in Sep 2023.

Who is the CEO of Pelangio Exploration?

Ingrid Hibbard is listed as CEO at Pelangio Exploration.

Where is Pelangio Exploration headquartered?

Pelangio Exploration is based in Burlington, Ontario, Canada.

How many employees does Pelangio Exploration have?

Pelangio Exploration is in the 11-50 employee band.

How does Pelangio Exploration's funding compare to other Manufacturing startups?

Pelangio Exploration's latest round of $500k is below the $5.0M median round size for Manufacturing companies on FundedIQ across 1,058 tracked companies over the last two years.

About FundedIQ's Pelangio Exploration 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 Pelangio Exploration is left off this page rather than filled in.

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