Sectors · Energy & Environment

Coal Mining

Private financing across Coal Mining, aggregated from public sources.

Coal Mining is a subsector of Energy & Environment. Zoom out to read the whole macro sector — $113.2B raised across 3,286 companies.

Other Energy$56.4BClimate / Cleantech$23.1BElectric Utilities$16.7BEnergy / Climate$3.8BEnvironmental Services$3.8BEnergy Conservation$3.2BEnergy$2.5BUtilities / Environment—
$3.6B
Capital raised
76
Companies
112
Rounds
2008
First on record
2026-03-17
Latest round

New activity Coal Mining drew $507.1M over the last 12 months. Of 36 companies rankable against same-niche peers, 6% model over-valued and 17% under-valued.

Capital flow over time

Quarterly capital raised across Coal Mining.

2008-Q1 · $650K2008-Q12008-Q4 · $19.7M2009-Q1 · $972K2009-Q2 · $3.2M2009-Q3 · $40.1M2009-Q32009-Q4 · $138.1M2010-Q2 · $23.6M2010-Q3 · $23.2M2010-Q4 · $38.3M2010-Q42011-Q1 · $70.3M2011-Q2 · $32.2M2011-Q3 · $150K2011-Q4 · $23.2M2011-Q42012-Q1 · $119K2012-Q2 · $2.3M2012-Q3 · $7.5M2012-Q4 · $101.2M2012-Q42013-Q1 · $256K2013-Q2 · $88.9M2013-Q3 · $148.4M2013-Q4 · $262.5M2013-Q42014-Q1 · $18.7M2014-Q3 · $20.0M2014-Q4 · $216.9M2015-Q1 · $216.9M2015-Q12015-Q2 · $8.8M2015-Q3 · $440.3M2015-Q4 · $5.3M2016-Q1 · $9.0M2016-Q12016-Q2 · $5.6M2017-Q2 · $806.0M2017-Q3 · $1.0M2018-Q3 · $22.5M2018-Q32018-Q4 · $1.0M2019-Q1 · $8.7M2019-Q2 · $2.5M2019-Q3 · $13.6M2019-Q32020-Q2 · $133K2020-Q3 · $185.6M2020-Q4 · $25.4M2021-Q3 · $5.4M2021-Q32021-Q4 · $20.2M2022-Q1 · $9.7M2022-Q2 · $5.3M2022-Q4 · $42.7M2022-Q42023-Q1 · $3.5M2023-Q4 · $8.4M2026-Q1 · $507.1M
Median round size by stage
StageMedian roundRounds
Growth/Late$507.1M3
Series D+$216.9M5
Series C$56.4M8
Series B$16.0M19
Series A$7.9M32
Seed$2.4M24
Pre-Seed$500K21
Top-funded companies
CompanyStageRaisedModeled value
Terrance Crawford
SUNRISE
Growth/Late$5.0B$42.8B
Clinch Resources Ltd.
KNOXVILLE
Growth/Late$507.1M$4.2B
Peabody Energy Corp
St. Louis
Growth/Late$806.0M$3.6B
Coronado Group LLC
WILTON
Growth/Late$419.6M$1.9B
Coronado Coal II LLC
WILTON
Series D+$216.9M$932.2M
Coronado II, LLC
WILTON
Series D+$216.9M$932.2M
Xinergy Ltd.
KNOXVILLE
Series D+$122.5M$526.4M
GOLD TREASURE GROUP Ltd
SHENZHEN
Series C$100.0M$428.8M
Bowie Resource Partners, LLC
LOUISVILLE
Series C$88.9M$379.8M
NEW AGE DEVELOPMENT Ltd
HANYIN
Series C$85.0M$365.0M
RAM River Coal Corp.
TORONTO
Series C$101.2M$216.2M
Wilson Creek Energy, LLC
SOMERSET
Series B$48.8M$156.7M
Hallador Petroleum Co
DENVER
Series B$32.9M$136.1M
Covol Fuels No. 3, LLC
SOUTH JORDAN
Series B$24.6M$98.6M
C7 Energy, Inc.
KINGSPORT
Series B$22.0M$91.0M
Hendricks Omnis Holding Co LLC
LEXINGTON
Series B$20.7M$85.6M
Energy Coal Resources, Inc.
ASHLAND
Series B$19.7M$81.3M
Patriot Coal CORP
ST. LOUIS
Series D+$281.2M$80.3M
Evergreen Energy Inc
DENVER
Series B$23.0M$66.2M
U.S. China Mining Group, Inc.
CITY OF INDUSTRY
Series A$15.0M$56.5M
Related sectors
Biotech$3.7BFood & Beverage$3.8BEnvironmental Services$3.8BEnergy / Climate$3.8BAirlines and Airports$3.4BPublic Safety & Security$3.4BEnergy Conservation$3.2BMedical Devices$3.2B

Browse all sectors or the full company rankings.

Frequently asked
How much venture funding has the Coal Mining sector raised?
Companies in Coal Mining have raised approximately $3.6B across 112 recorded financing rounds among 76 companies, aggregated from public sources.
What is the typical round size in Coal Mining?
Median disclosed round sizes in Coal Mining by stage are: Growth/Late $507.1M, Series D+ $216.9M, Series C $56.4M, Series B $16.0M. These are medians across recorded rounds, not averages.
Which are the most-funded Coal Mining companies?
The most-funded Coal Mining companies in our coverage include Terrance Crawford, Clinch Resources Ltd., Peabody Energy Corp, Coronado Group LLC, Coronado Coal II LLC. See the full ranked table for disclosed capital and modeled valuations.
When did Coal Mining funding activity begin in this data?
The earliest recorded Coal Mining financing in our coverage dates to 2008, with the most recent round around 2026-03-17.
Coal Mining venture funding — $3.6B raised · Provath