# Lundin Group of Companies

> Lundin Group of Companies is a VC fund in Vancouver backing Mining and Mineral. See 4 investments, check sizes, portfolio and contact details. Updated Aug 2026.

- Type: VC Fund
- Location: Vancouver, Canada
- Total investments: 4
- Last investment: Jul 2025
- Lead investor: 50%
- Last updated: Aug 2026
- LinkedIn: https://ca.linkedin.com/company/lundingroupofcompanies
- X (Twitter): https://twitter.com/Ian_H_Lundin
- Website: https://www.thelundingroup.com/
- Facebook: https://www.facebook.com/lundingroup/

Lundin Group of Companies is a VC fund in Vancouver focused on Mining and Mineral. The Lundin Group of Companies encourages the local community to provide growth through its long term management and fundings.

## Contacts

5 contacts available for Lundin Group of Companies. Shizune tracks 2 team members at Lundin Group of Companies. Sign up free to unlock them: https://app.shizune.co/sign-up/investor-profiles/find-team-emails/lundin-group-of-companies?utm_source=investor_profile

## Round sizes

| Stage | Round size |
| --- | --- |
| Post-IPO Equity | $7.5M–$26M |

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Mining | 3 | 75% |
| Mineral | 2 | 50% |
| Precious Metals | 2 | 50% |
| Mobile | 1 | 25% |
| FinTech | 1 | 25% |

11 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Post-IPO Equity | 3 | 75% |
| Seed | 1 | 25% |

### Country

| Country | Investments | Share |
| --- | --- | --- |
| Canada | 1 | 25% |
| Senegal | 1 | 25% |
| Cameroon | 1 | 25% |
| Australia | 1 | 25% |

## Team

| Name | Title | Investments | Profile |
| --- | --- | --- | --- |
| Adolf H Lundin | Founder | 0 | https://shizune.co/investors/profile/adolf-h-lundin |
| Peter Rockandel | President and Chief Executive Officer | 0 | https://shizune.co/investors/profile/peter-rockandel-2183 |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Aurum Resources | Aurum Resources operates as a mining company. They explore, mine, and produce gold deposits. They are systematically drilled, indicating the potential of a gold system. They create accretive development and processing synergies. | $23.3M | Post-IPO Equity | Jul 14, 2025 |  |
| Sanu Gold | Sanu Gold is a mining company that explores gold projects. | $7.5M | Post-IPO Equity | Mar 25, 2025 |  |
| Fireweed Metals | Fireweed Metals is a Canadian mining exploration and development company focused on advancing the Macmillan Pass Project which is host to the large Tom and Jason zinc-lead-silver deposits. Management’s vision is to create value for our shareholders by building Fireweed Zinc into a leading base metal development and production company through theadvancement and development of the Macmillan Pass Project. The Company has an exceptional veteran management team with a strong track record of successful exploration, development, financing, and operation. | $25.8M | Post-IPO Equity | Nov 29, 2022 |  |
| Diool | Payments Fintech helping small merchants sell consumer goods, collect payments from their customers and pay their suppliers easily. Through usage, they gain access to other financial services such as savings, credit and insurance products. | $3.5M | Seed | Feb 25, 2021 |  |

4 of 4 investments shown.

## Co-investors
- [Montage Gold](https://shizune.co/investors/profile/montage-gold-corp) — VC Fund, 2 deals together
- [Africa Venture Labs](https://shizune.co/investors/profile/africa-venture-labs) — VC Fund, 1 deal together
- [Teck](https://shizune.co/investors/profile/teck) — VC Fund, 1 deal together
- [Zhaojin Capital](https://shizune.co/investors/profile/zhaojin-capital) — VC Fund, 1 deal together

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## FAQ

### What does Lundin Group of Companies invest in?

Lundin Group of Companies invests primarily in Mining, Mineral and Precious Metals startups, most often at Post-IPO Equity and Seed stage. Most of the 4 investments tracked by Shizune back companies in Canada. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### What is Lundin Group of Companies's check size?

Lundin Group of Companies typically joins rounds of $7.5M–$26M at Post-IPO Equity. These ranges are 10th–90th percentile round sizes calculated from confirmed public funding rounds, so they are a realistic guide to the rounds Lundin Group of Companies participates in.

### How do I contact Lundin Group of Companies?

Public channels for Lundin Group of Companies include LinkedIn, X (Twitter) and the website linked on this profile. For a verified work email and phone number, create a free Shizune account — contact data is searched across 20+ sources and validated before delivery, so your outreach lands in the right inbox.

### Who are the partners at Lundin Group of Companies?

The team at Lundin Group of Companies includes Adolf H Lundin (Founder) and Peter Rockandel (President and Chief Executive Officer). The Team section lists each member with their title, investment count and links.

### Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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