FundedIQ
Manufacturing

Pelangio Exploration

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 Burlington, Canada 11-50 employees
Total raised
$500k
Rounds
1
Latest
Series Unknown
Sep 2023

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.

Pelangio Exploration has raised $500k across 1 round. Its most recent round was a Series Unknown of $500k in Sep 2023. Full funding history, investors, and team are detailed below.

Funding history

1 round · 1 visible Unlock with plan

1 round on record.

Date
Round
Amount
Lead investor
Sep 11, 2023
Series Unknown
$500k

Unlock the lead investor and full details for this round.

Unlock funding history →

People

Unlock with plan

Founders, executives, and decision-makers — sourced and refreshed weekly.

Name
Role
LinkedIn

See who runs this company — founders and key execs, with titles and LinkedIn profiles, ready to export.

Unlock people data →

Pelangio Exploration is featured in

Similar companies

Xali Gold

Xali Gold Corp is exploring the El Oro gold district in Mexico. It specializes in the fields of precious metals, gold, mining, and exploration. It was founded in 2009 and is headquartered in Vancouver, British Columbia.

Series Unknown $710k
NOVONIX

NOVONIX is a company that develops and supplies advanced materials and technologies for the global lithium-ion battery industry. They have operations in both the USA and Canada, and consist of two separate businesses: NOVONIX Battery Technology Solutions (BTS) located in Halifax, and NOVONIX Anode Materials based in Chattanooga. NOVONIX Battery Technology Solutions (BTS) is a spin-off from Dr. Jeff Dahn's laboratory at Dalhousie University, specializing in highly accurate battery cell testing. Their equipment and testing services are utilized by prominent battery manufacturers, researchers, and equipment manufacturers worldwide. Some of their clients include PANASONIC, CATL, ATL, XALT Energy, K2 Energy, BOSCH, Dyson, Alcatel. Lucent, DALHOUSIE University, 3M, Pacific Northwest National Laboratory, and Helmholtz Institute. If you are looking to accelerate your battery research, NOVONIX BTS offers a range of services such as materials development, cell design, cell testing, and electrolyte analysis. NOVONIX Anode Materials (NAM), based in Chattanooga, is the leading producer of graphite anode material for lithium-ion batteries. NAM is the sole supplier of graphite anode in the United States and is committed to developing the domestic battery supply chain. They source all their precursor materials and equipment from within the USA. For any inquiries regarding battery research acceleration, please email: sales@novonixgroup.com For investor queries, please send them to: ir@novonixgroup.com To subscribe to the NOVONIX investor newsletter, please visit: https://www.novonixgroup.com/contact-us/ To learn more about NOVONIX, visit their website at www.novonixgroup.com.

Series Unknown $14.6M
Vision Marine Technologies

Vision Marine Technologies is an electric boat manufacturer to uses lithium and offers long-duration warranty and high-technology products. The company creates handcrafted electric recreational powerboats that are more durable, low-maintenance, and environmentally friendly.

Series Unknown $1.0M
Japan Gold

Japan Gold Corp, previously known as Sky Ridge Resources Ltd, is a gold exploration company based in Canada that specializes in mining projects located in Japan. The company's focus areas in Japan include Ikutawara, Numanoue, Aibetsu, Buho, Ponkutosan, Minamikyabe, Kobui, and Eboshi. Southern Arc Minerals Inc. is the primary shareholder of Japan Gold Corp.

Series Unknown $1.0M
Pan American Energy

Pan American Energy is an exploration-stage company focused on increasing the lithium supply chain. It specializes in acquiring, exploring, and developing land holdings for key minerals and rare earth elements, including cesium, tantalum, niobium, phosphorus, and lithium.

Series Unknown $400M
Volta Metals

Volta is currently exploring its Falcon West, Root, White Lights, Junior Lake, Wakeman, Kim and Store Lake Lithium Projects in Ontario, Canada. Finding critical minerals domestically to power the changing world. Volta's Management team has proven success with discovering and developing mining projects in North America, South America, Africa, Europe and Australia.

Series Unknown $360k
H2nanO

Sustainable, nature-powered water treatment and emissions reduction technologies built for the resources sector.

Series Unknown $320k
Buffalo Potash

Buffalo Potash produces potash using HLD Selective Solution Mining for sustainable fertilizer and industrial use.

Series Unknown $10.6M
Zodiac Gold

Zodiac Gold is a privately owned company that specializes in exploring and developing minerals, particularly focusing on uncovering new gold deposits. Their main goal is to conduct more drilling on their main property in order to eventually determine the amount of mineral resources available.

Series Unknown $4.0M
Agapyo

agapyo develops and delivers the compostable alternative to petro-plastic with their thermoplastic lignocellulose jam product.

Seed $1.9M
Metalero Mining

Metalero Mining is a mineral exploration company that focuses on gold, silver, and copper projects. The company manages assets like the Benson copper-gold project and Goldrun. The company conducts geological surveys, sampling, and drilling to advance early-stage properties toward development or partnership.

Series Unknown $2.2M
First Lithium

First Lithium Minerals Corp. is a Canadian mineral exploration and development firm that owns exploratory interests in northwest Ontario as well as a lithium and alkaline metals brine project in northern Chile.

Series Unknown $4.3M
Free · Every Monday

Know which startups just got funded. Every week.

Fresh funding rounds, new companies, and the sectors moving fastest — in your inbox every Monday morning.

Free. Sent every Monday. Unsubscribe anytime.