v3 Template

First Phosphate Corp.

Mining and Battery Materials Saguenay, Quebec, Canada ~460 employees

Founded

Employees (Est.)

~460

23 leaders known

Total Funding

$146.8M

Funding Rounds

Last Funding

2026-05-04

About First Phosphate Corp.

First Phosphate Corp is a company focused on the extraction and refinement of high-purity phosphate for use in advanced technologies such as robotics, factory automation, energy storage, and AI data centers, with a strong emphasis on the LFP (Lithium Iron Phosphate) battery ecosystem. The company operates in the Saguenay-Lac-St-Jean region of Quebec, Canada, leveraging logistical advantages and partnerships to secure North American phosphate supply.

Products & Services

Phosphate Properties:Includes Bégin-Lamarche, Lac-à-l'Orignal, and Bluesky properties for phosphate extraction.

Phosphate Refinement:Pilot plants for phosphate concentrate, phosphoric acid, gypsum recycling, and iron powder, along with the First Saguenay Iron Phosphate Plant.

LFP Battery Materials:High-purity phosphate for Lithium Iron Phosphate (LFP) batteries used in energy storage and automation technologies.

Specialties

High-Purity Phosphate Extraction LFP Battery Materials Phosphate Refinement Energy Storage Solutions

Funding History

Debug: View Raw Funding Data

#	Type	Amount Fields	Date Fields	Investors
1	RT: Warrant Exercise T: - FT: Warrant Exercise	A: 3070549 MR: - FA: 3,070,549 FAN: 3070549	D: 2026-05-04 FD: 2026-05-04	1 investors
2	RT: Non-repayable contribution T: - FT: Non-repayable contribution	A: 16700000 MR: - FA: $16.7 million FAN: 16700000	D: 2026-03-16 FD: 2026-03-16	1 investors
3	RT: Grant T: - FT: Grant	A: 12525000 MR: - FA: up to C$16.7 million FAN: 12525000	D: 2026-03-02 FD: 2026-03-02	1 investors
4	RT: Private Placement T: - FT: Private Placement	A: 9615478 MR: - FA: $9,615,478 FAN: 9615478	D: 2025-12-22 FD: 2025-12-22	1 investors
5	RT: Private Placement T: - FT: Private Placement	A: 9600000 MR: - FA: C$9.6 million FAN: 9600000	D: 2025-12-22 FD: 2025-12-22	-
6	RT: Private Placement T: - FT: Private Placement	A: 3066726 MR: - FA: $3,066,726 FAN: 3066726	D: 2025-12-15 FD: 2025-12-15	-
7	RT: Private Placement T: - FT: Private Placement	A: 3570848 MR: - FA: $3,570,848 FAN: 3570848	D: 2025-11-24 FD: 2025-11-24	-
8	RT: Private Placement T: - FT: Private Placement	A: 2180000 MR: - FA: $2.18 million FAN: 2180000	D: 2025-11-17 FD: 2025-11-17	2 investors
9	RT: Non-brokered Private Placement T: - FT: Non-brokered Private Placement	A: 2000000 MR: - FA: $2,000,000 FAN: 2000000	D: 2025-11-07 FD: 2025-11-07	1 investors
10	RT: Private Placement T: - FT: Private Placement	A: 15000000 MR: - FA: $15,000,000 FAN: 15000000	D: 2025-09-29 FD: 2025-09-29	1 investors
11	RT: Private Placement T: - FT: Private Placement	A: 11500000 MR: - FA: 11.5 M$ FAN: 11500000	D: 2025-09-24 FD: 2025-09-24	3 investors
12	RT: Private Placement T: - FT: Private Placement	A: 11400000 MR: - FA: $11.4 million FAN: 11400000	D: 2025-09-22 FD: 2025-09-22	3 investors
13	RT: Private Placement T: - FT: Private Placement	A: 3780000 MR: - FA: 3.78 million FAN: 3780000	D: 2025-09-12 FD: 2025-09-12	-
14	RT: Private Placement T: - FT: Private Placement	A: 2950000 MR: - FA: $2.95 million FAN: 2950000	D: 2025-08-22 FD: 2025-08-22	2 investors
15	RT: Non-Brokered Private Placement T: - FT: Non-Brokered Private Placement	A: 1000000 MR: - FA: a minimum of $1 million FAN: 1000000	D: 2025-08-05 FD: 2025-08-05	-
16	RT: Private Placement T: - FT: Private Placement	A: 4692329 MR: - FA: $4,692,329 FAN: 4692329	D: 2025-07-16 FD: 2025-07-16	-
17	RT: Non-brokered Private Placement T: - FT: Non-brokered Private Placement	A: 2000000 MR: - FA: $2,000,000 FAN: 2000000	D: 2025-06-30 FD: 2025-06-30	1 investors
18	RT: Shelf Prospectus Offering T: - FT: Shelf Prospectus Offering	A: 14600000 MR: - FA: C$20,000,000.00 FAN: 14600000	D: 2024-06-11 FD: 2024-06-11	-
19	RT: Private Placement T: - FT: Private Placement	A: 2339152 MR: - FA: 2,339,151.90 FAN: 2339152	D: 2023-04-25 FD: 2023-04-25	1 investors
20	RT: Non-brokered Private Placement T: - FT: Non-brokered Private Placement	A: 2000000 MR: - FA: $2,000,000 FAN: 2000000	D: 2023-04-04 FD: 2023-04-04	-
21	RT: Private Placement T: - FT: Private Placement	A: 2000000 MR: - FA: 2,000,000 FAN: 2000000	D: 2023-04-04 FD: 2023-04-04	-
22	RT: Private Placement T: - FT: Private Placement	A: 4454651 MR: - FA: 4,454,651 FAN: 4454651	D: 2023-02-15 FD: 2023-02-15	-
23	RT: Private Placement T: - FT: Private Placement	A: 3396552 MR: - FA: 3.4 million FAN: 3396552	D: 2023-01-18 FD: 2023-01-18	-
24	RT: Private Placement T: - FT: Private Placement	A: 3400000 MR: - FA: $3.4 million FAN: 3400000	D: 2023-01-18 FD: 2023-01-18	-

Warrant Exercise Latest

2026-05-04

$3.1M

1 investor (Pro only)

Non-repayable contribution 2026-03-16

$16.7M

Grant 2026-03-02

$12.5M

View 23 more funding rounds with Pro

Unlock Full Funding History

Growth Metrics

+45%

Employee Growth

YoY

3.2x

Funding Growth

Last Round

Markets

Operating

10K+

Customers

Active

View 3 more growth metrics with Pro

Unlock All Metrics

Mock Up

Team & Leadership

Yanick Baillargeon

Prefect

John Passalacqua

CEO and Director

Laurence W. Zeifman

Chairman

Bennett Kurtz

CFO and Director

Peter Nicholson

Director

Armand MacKenzie

President

View 20 more team members with Pro

Unlock Full Team Directory

Key Competitors

Competitor Alpha

Series B · $50M raised

Competitor Beta

Series C · $120M raised

Competitor Gamma

Series A · $25M raised

Competitor Delta

Seed · $10M raised

Mock Up

Company Details

Website: firstphosphate.com
Industries: Mining and Battery Materials
Company Size: ~460 employees (est.)
Locations: Saguenay, Quebec, Canada

Similar Companies

Discover AI-powered company recommendations based on industry, funding, and team profiles.

Upgrade to Pro

Technology Stack

Discover the backend, frontend, and infrastructure technologies powering this company's products.