Tech Company Financing Transactions
Quminex Funding Round
Quantacet, QAI Ventures and private investors participated in a $1.1 million Seed venture round for Quminex. The round was announced on 10/21/2026.
Transaction Overview
Company Name
Announced On
10/21/2026
Transaction Type
Venture Equity
Amount
$1,060,000
Round
Seed
Investors
Quantacet (Lead Investor)
Proceeds Purpose
Capital from this round will be used to expand the company technical team, scale its modeling algorithms, and acquire prospective exploration licenses across Canadian jurisdictions to build an internal portfolio of high-probability mineral targets.
Company Information
Company Status
Private & Independent
Industry
Software
Mailing Address
1950 Rue Roy -- Espace Quantique 1
Sherbrooke, QC, J1K 1B7
Canada
Sherbrooke, QC, J1K 1B7
Canada
Phone
Undisclosed
Website
Email Address
Overview
At Quminex, we're harnessing the power of machine learning to pioneer a new era of mineral exploration. Our approach integrates advanced technologies with expert geoscience insights to uncover hidden opportunities. We gather and analyze multi-dimensional data sets, generate predictive models, and validate potential ore deposits to create strategic opportunities for our partners. We develop the most accurate algorithms in order to minimize the exploration search space, reducing both uncertainty and environmental impact while accelerating discovery in a responsible manner.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Marc Fassbender
Chief Technical Officer
Taha Rouabah
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