GeologicAI Raised $20M Series A Funding
The global transition to a low carbon economy will necessitate a rapid and responsible expansion in the supply of key minerals like copper, iron, nickel, cobalt, beryllium, lithium, and rare earth elements. GeologicAI is here to help solve that problem!
Calgary,CA - The global transition to a low carbon economy will necessitate a rapid and responsible expansion in the supply of key minerals like copper, iron, nickel, cobalt, beryllium, lithium, and rare earth elements. GeologicAI is here to help solve that problem!
Funding led By - Breakthrough Energy Ventures. (Founded by Bill Gates)
Total Funding Amount: $23M
Funds Use: To further the development and global scaling of its fleet of AI-powered robot geologists
Without sufficient quantities of key minerals like copper, nickel, cobalt, and lithium, the transition to a clean energy economy simply cannot happen - Carmichael Roberts, Breakthrough Energy Ventures.
About: GeologicAi is revolutionizing resource exploration by developing AI-driven core scanning robots and software. Their technology generates the most extensive geological dataset in the industry, significantly improving workflows from exploration to extraction.