GeologicAI

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GeologicAI Announces $10M in Additional Funding

📅 Date:

🔖 Topics: Funding Event

🏢 Organizations: GeologicAI, Export Development Canada


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.

Read more at Business Wire