Export Development Canada
Assembly Line
GeologicAI Announces $10M in Additional Funding
GeologicAI, a global leader in digital rock analysis, announced the closing of an additional US$10 million in funding from Export Development Canada (“EDC”) as an extension to its Series A financing round led by Breakthrough Energy Ventures, bringing the total round of funding to US$30 million. This investment will accelerate global deployment of GeologicAI’s fleet of AI-powered robot geologists to support the exploration and extraction of the critical minerals required for the energy transition.