WINTER PARK, Fla., June 18, 2026 /PRNewswire/ -- Cuprum Metals Inc., a Delaware-based technology company, today announced the close of a US$19.4M Series A funding round led by the Lundin Family Office, and supported by Woodline Partners and BHP Ventures.
The capital will support the scaling of Cuprum Metals' patented leaching technology, which has demonstrated strong performance in pilot campaigns across primary, secondary and oxide ores in both heap leach and vat leach systems.
Cuprum's approach uses a water-based chemical leach, with the flexibility to operate using sea water, to achieve high recovery rates at significantly faster processing times. This process enables effective leaching of chalcopyrite and other minerals that have historically been difficult to leach, whilst reducing both operating and capital costs. Roger Pettman, PhD, DSc, Founder, Chairman and Chief Executive Officer stated, "With support from our investors, we are now focused on scaling the technology and expanding its application across a broader set of copper assets."
