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Quminex raises CAD $1.5M in pre-seed funding led by Quantacet to advance its mineral exploration platform powered by machine learning.

PRIVATEOct 14, 2026

Amount Raised

C$1.5 Million

Round Type

Seed

CanadaMiningMineral

Investors

Qai VenturesQuantacet

Description

Quminex, a Canadian mineral exploration technology company, secured CAD $1.5 million in pre-seed financing led by Quantacet, with participation from QAI Ventures and angel investors. The funding will accelerate development of the Quminex Discovery Platform, which uses machine learning to transform geological data into testable mineral exploration targets. The company has already completed commercial projects with a Canadian mid-tier mining company and Tech-X Resources to validate its technology. The capital will support growth and further technological advancement of the platform.

Company Information

Company

Quminex

Location

Canada

About

Quminex is a Canadian mineral exploration technology company that uses machine learning and advanced computational techniques to accelerate the discovery of critical mineral deposits. The company's proprietary Discovery Platform transforms complex geological datasets into explainable and testable mineral system models, reducing geological uncertainty and increasing exploration success rates. Built on principles of transparency, sustainability, and credibility, Quminex helps secure a stable, responsible supply of critical metals essential for the energy transition. The platform enables smarter capital allocation by turning early-stage exploration into a repeatable, data-driven process.

Fundz sees it the moment Quminex raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

Predictive Intelligence
Strategic

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Quminex raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.