About Karora Resources
Karora Resources is a company based in Toronto (Canada) founded in 2006 was acquired by Westgold Resources in April 2024.. Karora Resources has raised $500 thousand across 13 funding rounds from investors including Westgold Resources and PALA.
- Headquarter Toronto, Canada
- Stage Public
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Sectors
Natural Resources
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$500 K (USD)
in 13 rounds
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Latest Funding Round
$150.66 K (USD), Post-IPO
Oct 02, 2019
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Investors
Westgold Resources
& 1 more
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Employee Count
Employee Count
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Acquired by
Westgold Resources
(Apr 08, 2024)
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Funding Insights of Karora Resources
Karora Resources has successfully raised a total of $500K across 13 strategic funding rounds. The most recent funding activity was a Post-IPO round of $150.66 thousand completed in October 2019. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 13
- Last Round Post-IPO — $150,659
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First Round
First Round
(30 Dec 2008)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2019 | Amount | Post-IPO - Karora Resources | Valuation |
investors |
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| Jun, 2019 | Amount | Post-IPO - Karora Resources | Valuation |
investors |
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| Jan, 2019 | Amount | Post-IPO - Karora Resources | Valuation |
investors |
|
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Karora Resources
Karora Resources has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Westgold Resources and PALA. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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PALA is engaged in investment for sustainable supply chains.
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Founded Year | Domain | Location | |
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Australian gold producer operating multiple mines and processing plants
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Karora Resources
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - Karora Resources
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Karora Resources Comparisons
Competitors of Karora Resources
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Frequently Asked Questions about Karora Resources
When was Karora Resources founded?
Karora Resources was founded in 2006 and raised its 1st funding round 2 years after it was founded.
Where is Karora Resources located?
Karora Resources is headquartered in Toronto, Canada. It is registered at Toronto, Ontario, Canada.
Is Karora Resources a funded company?
Karora Resources is a funded company, having raised a total of $500K across 13 funding rounds to date. The company's 1st funding round was a Post-IPO of $62.28K, raised on Dec 30, 2008.
What does Karora Resources do?
Karora Resources was established in 2006 and is headquartered in Toronto, Canada. Operations focus on the exploration and development of metal resources, with services encompassing geological assessments, project management, and resource evaluation. The company operates primarily in the mining sector, targeting precious and base metals. Leadership is provided by Managing Director Graeme Sloan, overseeing activities from the Toronto base.
Who are Karora Resources's investors?
Karora Resources has 2 investors. Key investors include Westgold Resources, and PALA.