INW companies raise $11M in funding since January
Five Inland Northwest companies raised $10.7 million in funding from January to March, with two Coeur d'Alene-based mining companies accounting for $9.7 million through private placements. The funding is driven by demand for critical minerals used in clean energy technologies.
Five Inland Northwest companies collectively raised $10.7 million in funding from January to March. Two Coeur d'Alene-based mining companies, Scout Discoveries Corp. and Star Gold Corp., accounted for $9.7 million of the total through private placements. Scout Discoveries Corp. raised $6 million in January to support exploration and project advancement. Star Gold Corp. raised $3.7 million in February to fund mine development and exploration at its Longstreet gold-silver project in Nevada. Spokane-based Blaze Barrier Inc. closed a $760,000 seed funding round for its wildfire suppression systems. Other Spokane-based companies, including Tenet Growth Enterprise LLC and EyeTally.ai Inc., raised a combined $860,000.
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