Ivanhoe Electric closes new financing

Photo of author

By CPE News

CPE News Brief (4.20.2022) – Ivanhoe Electric, a stealth-mode developer of “technology-enabled metal discoveries for the electrification of everything”, has closed a second round of major financing from international investors.

Ivanhoe Electric has yet to announce the financing. Together with its financing brokered by BMO Nesbitt Burns in 2021, Ivanhoe Electric has raised over US $150 million in total funding.

The predecessor company of the Delaware domiciled Ivanhoe Electric is a developer of proprietary, sustainable technologies convert small amounts of electrical energy into limitless levels of power.

Ivanhoe Electric is led by Robert Friedland and Laurent Frescaline.

photo credit: Ivanhoe Electric