Critical Minerals & Next-Generation Mining Tech contains 20 companies across
4 categories.
A landscape of technology companies reshaping the critical minerals industry through new approaches to resource discovery, mine development and production. It focuses on startups whose proprietary software or hardware creates a meaningful technical advantage over conventional mining methods.
Discovery & Resource Intelligence
Companies that turn geoscience data into higher-confidence decisions about mineral deposits.
MinersAI
Website: minersai.com
MinersAI builds AI software that structures and analyzes geoscience data to help mineral exploration and mining teams make better decisions.
Category: Discovery & Resource Intelligence.
Funding stage: Pre Seed.
Founded: 2023.
Country: United States.
Employees: 2-10 employees.
Landscape fit: It fits the Mining category because its product is explicitly built for mineral exploration, mining operations, public authorities, and mining investors, with AI tools for geoscience data structuring and exploration analytics.
Funding rounds
-
Pre-Seed
announced 2024-02-01
: 1100000 USD
; investors: Speedinvest, Techstars
; source: LinkedIn company page
; https://www.linkedin.com/company/minersai
Company timeline
-
2026-05-01:
Fractional CRO hired
(hr)
. Leon Morgan announced that he joined MinersAI as Chief Revenue Officer (Fractional), partnering with the founders.. Team size observed: 2-10 employees employees.
Source: LinkedIn.
https://www.linkedin.com/posts/leonmmorgan_im-thrilled-to-announce-that-ive-joined-activity-7440232490675625984-Fye-
-
2026-02-17:
Conference-driven market sensing and pilot outreach
(gtm)
. After Resourcing Tomorrow 2025, MinersAI used a conference reflection to speak to pilots, data, exploration scalability, and practical AI deployment in mining, indicating active market development. ([minersai.com](https://www.minersai.com/publication/resourcing-tomorrow-2025-my-takeaways-from-a-sector-on-the-edge-of-reinvention?utm_source=openai))
Source: MinersAI.
https://www.minersai.com/publication/resourcing-tomorrow-2025-my-takeaways-from-a-sector-on-the-edge-of-reinvention
-
2026-02-17:
Conference-led validation of pilot motion
(gtm)
. After Resourcing Tomorrow 2025, MinersAI publicly described speaking with miners, investors, and governments and emphasized that pilots are the gateway but difficult to land, underscoring an active enterprise pilot-selling motion. ([minersai.com](https://www.minersai.com/publication/resourcing-tomorrow-2025-my-takeaways-from-a-sector-on-the-edge-of-reinvention?utm_source=openai))
Source: MinersAI publication.
https://www.minersai.com/publication/resourcing-tomorrow-2025-my-takeaways-from-a-sector-on-the-edge-of-reinvention
-
2025-10-24:
Mining investment thought leadership sharpens the narrative
(gtm)
. MinersAI published a market-facing article framing its solution as purpose-built AI for mineral exploration investment decisions and a foundational geoscience database. ([minersai.com](https://www.minersai.com/publication/mineral-exploration-investment-6-barriers-and-one-ai-powered-solution?utm_source=openai))
Source: MinersAI.
https://www.minersai.com/publication/mineral-exploration-investment-6-barriers-and-one-ai-powered-solution
-
2025-10-24:
Investment-analysis product for mining and metals emphasized
(product)
. MinersAI described specialist LLMs trained on mining data that can review proposals, restructure exploration data, and support investment appraisal.
Source: MinersAI.
https://www.minersai.com/publication/mineral-exploration-investment-6-barriers-and-one-ai-powered-solution
-
2025-10-01:
Shifted to thought leadership around mining diligence
(gtm)
. MinersAI published October 2025 articles tying AI to mining investment analysis and the information bottlenecks faced by finance teams, signaling a new investor-diligence narrative. ([minersai.com](https://www.minersai.com/publication/mineral-exploration-investment-6-barriers-and-one-ai-powered-solution?utm_source=openai))
Source: MinersAI publications.
https://www.minersai.com/publication/mineral-exploration-investment-6-barriers-and-one-ai-powered-solution
GeologicAI
Website: geologicai.com
GeologicAI provides AI-powered core scanning, geological data capture, and resource modeling tools that help mining companies make faster, higher-confidence decisions across exploration and production.
Category: Discovery & Resource Intelligence.
Funding stage: Series B.
Founded: 2013.
Country: Canada.
Employees: 201-500 employees.
Landscape fit: It fits Mining because its products are explicitly built for mining leaders and mining workflows, including core scanning, logging, and resource modeling for mineral exploration and development.
Funding rounds
-
Series B
announced 2025-07-01
: 44000000 USD
; investors: Blue Earth Capital, BHP, Rio Tinto, Breakthrough Energy Ventures
; source: GeologicAI
; https://www.geologicai.com/news/geologicai-raises-44m-usd-seriesb
-
Series A extension
announced 2023-09-01
: 10000000 USD
; investors: Export Development Canada
; source: GeologicAI
; https://www.geologicai.com/blog/geologicai-announces-funding-from-edc/
-
Series A
announced 2023-06-01
: 20000000 USD
; investors: Breakthrough Energy Ventures
; source: GeologicAI
; https://www.geologicai.com/news/investment-in-the-future
Company timeline
-
2026-05-12:
Commercial Analyst posted
(hr)
. A new job posting for Commercial Analyst surfaced on GeologicAI's site and is dated May 12, 2026.. Team size observed: 201-500 employees employees.
Source: GeologicAI.
https://www.geologicai.com/blog/linkedin_job/commercial-analyst/
-
2026-05-12:
Senior Resource Geologist/Geostatistician posted
(hr)
. A new job posting for Senior Resource Geologist/Geostatistician surfaced on GeologicAI's site and is dated May 12, 2026.. Team size observed: 201-500 employees employees.
Source: GeologicAI.
https://www.geologicai.com/blog/linkedin_job/senior-resource-geologist-geostatistician/
-
2026-05-12:
Commercial analyst hiring to support contract and business development operations
(gtm)
. GeologicAI posted for a Commercial Analyst role focused on contract workflows, approval routing, documentation, and cross-functional support for Business Development, Finance, and Legal.
Source: GeologicAI.
https://www.geologicai.com/blog/linkedin_job/commercial-analyst/
-
2026-05-01:
Hiring cluster on careers page expands across geoscience, commercial, and operations roles
(hr)
. GeologicAI's careers page currently shows multiple open positions, including Senior Resource Geologist/Geostatistician, Commercial Analyst, Finance Accounting Intern, Graphic Designer, Account Manager, and Senior Robotics Developer.. Team size observed: 201-500 employees employees.
Source: GeologicAI Careers.
https://www.geologicai.com/careers/
-
2026-04-01:
Scanning Operator hiring expands to Alaska and Australia
(hr)
. GeologicAI posted new Scanning Operator openings for Alaska and Perth, indicating continued demand for field operations staff.
Source: GeologicAI job pages.
https://www.geologicai.com/job/geologicai-scanning-operator-alaska/
-
2025-12-17:
Acquired Lumo Analytics to complete the sensor suite
(gtm)
. GeologicAI acquired Lumo Analytics and positioned the deal as completing its integrated sensor suite with LIBS-based capability for rare-earth and light-element detection.
Source: GeologicAI.
https://www.geologicai.com/blog/geologicai-announces-acquisition-of-lumo-analytics/
Veracio
Website: veracio.com
Veracio provides mining and exploration teams with core scanning, borehole logging, downhole data tools, and cloud/software platforms that turn geological data into faster, higher-confidence decisions.
Category: Discovery & Resource Intelligence.
Founded: 2023.
Country: United States.
Employees: 201-500 employees.
Landscape fit: It fits the mining category because its products are built specifically for mineral exploration and mining, helping operators collect, analyze, and act on orebody and geological data.
Funding rounds
-
convertible note financing
announced 2023-09-01
: 20300000 USD
; source: Boart Longyear FY2023 Appendix 4E and Preliminary Final Report
; https://www.boartlongyear.com/wp-content/uploads/ASX-Announcement-Full-Year-2023-Appendix-4E-and-Preliminary-Final-Report-23-Feb-2024-Consolidated.pdf
-
debt financing
announced 2023-09-01
: 15000000 USD
; investors: HPS Investment Partners, LLC, other financial institutions
; source: Boart Longyear ASX Announcement
; https://www.boartlongyear.com/wp-content/uploads/ASX-Announcement-Boart-Longyear-Veracio-Unit-to-Acquire-Minalyze-19-Sept-2023-FINAL.pdf
Company timeline
-
2026-05-25:
Team size observed
(hr)
. Public source shows a team size of 201-500 employees employees.. Team size observed: 201-500 employees employees.
Source: LinkedIn.
https://www.linkedin.com/company/veracio
-
2026-04-01:
NorthIsle results reinforce Scan by Veracio proof motion
(gtm)
. Veracio highlighted strong results from NorthIsle Copper and Gold’s NW Expo deposit using Scan by Veracio, adding another named-customer proof point to the company’s commercial narrative. ([veracio.com](https://www.veracio.com/?utm_source=openai))
Source: Veracio.
https://www.veracio.com/
-
2026-03-23:
Paragon lab partnership adds Veracio scanning to whole-rock geochemistry
(gtm)
. Paragon Advanced Labs launched a new British Columbia offering that pairs PhotonAssay with Veracio’s scanning so exploration teams can receive whole-rock geochemistry earlier in the drilling cycle. ([veracio.com](https://www.veracio.com/media-release-paragon-advanced-labs-expands-capabilities-in-british-columbia-with-rapid-whole-rock-geochemistry/))
Source: Veracio.
https://www.veracio.com/media-release-paragon-advanced-labs-expands-capabilities-in-british-columbia-with-rapid-whole-rock-geochemistry/
-
2026-03-18:
Official field deployment at Aeris Tritton
(gtm)
. Veracio announced the official deployment of Scan by Veracio at Aeris Resources’ Tritton copper operations, focusing on faster geological data flow and ML-assisted lithology workflows.
Source: Veracio.
https://www.veracio.com/tritton-deployment-begins-veracio-and-aeris-resources/
-
2026-03-18:
Scan deployment begins at Aeris Tritton
(gtm)
. Veracio began the official deployment of Scan by Veracio at Aeris Resources’ Tritton copper operations, positioning the product as a live site workflow for faster logging and machine-learning-supported lithology interpretation. ([veracio.com](https://www.veracio.com/tritton-deployment-begins-veracio-and-aeris-resources/))
Source: Veracio.
https://www.veracio.com/tritton-deployment-begins-veracio-and-aeris-resources/
-
2026-03-18:
Scan by VERACIO deployment begins at Aeris Resources Tritton
(product)
. Veracio began the official deployment of Scan by VERACIO at Aeris Resources Limited’s Tritton copper operations in New South Wales, focusing on faster geological data flow with on-site geochemistry and high-resolution scanning.
Source: Veracio newsroom.
https://www.veracio.com/tritton-deployment-begins-veracio-and-aeris-resources/
MINEURAL Inc.
Website: mineural.ca
MINEURAL is a Canadian AI company that provides a mineral-exploration targeting service using its proprietary IRIS platform to help mining companies identify and prioritize prospective areas faster and with less environmental impact.
Category: Discovery & Resource Intelligence.
Founded: 2023.
Country: Canada.
Employees: 2-10 employees.
Landscape fit: It fits the Mining category because its core product is designed for mineral exploration: it analyzes geological, geochemical, and geophysical data to help mining companies discover new mineral targets and reduce exploration cost and footprint.
Funding rounds
-
Grant
announced 2026-02-01
: 500000 USD
; investors: BHP Xplor
; source: MINEURAL Investors
; https://www.mineural.ca/en/investors/
Company timeline
-
2026-05-28:
New hiring cluster appears across product, sales, compliance, recruiting, and customer success
(hr)
. LinkedIn Jobs shows multiple fresh openings for Project Manager, Product & Platform Partnerships Manager, Graphics Designer (Product), Sales Development Representative, Product Designer, PEO Customer Success Specialist, Product Design intern, Head of Legal and Compliance, Recruiting Coordinator Intern, Product Manager, and Associate Product Manager - Benefits.. Team size observed: 2-10 employees employees.
Source: LinkedIn Jobs.
https://www.linkedin.com/company/mineural/jobs
-
2026-05-13:
Independence Gold engagement for AI targeting at 3Ts
(gtm)
. Independence Gold contracted Mineural to run an IRIS-based mineral targeting study on the 3Ts Gold and Silver Project, extending Mineural’s service into a live exploration customer workflow. ([newsfilecorp.com](https://www.newsfilecorp.com/release/297214/Independence-Gold-Announces-the-Addition-of-a-Second-Drill-Rig-and-Engages-AI-System-for-Mineral-Targeting-at-the-3Ts-Gold-and-Silver-Project-British-Columbia?lang=fr&utm_source=openai))
Source: Newsfile / Independence Gold press release.
https://www.newsfilecorp.com/release/297214/Independence-Gold-Announces-the-Addition-of-a-Second-Drill-Rig-and-Engages-AI-System-for-Mineral-Targeting-at-the-3Ts-Gold-and-Silver-Project-British-Columbia
-
2026-05-04:
First Talent Lead hired
(hr)
. Mineural announced Raymond Hoffman as its first Talent Lead in a LinkedIn post.
Source: Mineural Inc. on LinkedIn.
https://ca.linkedin.com/company/mineural
-
2026-02-02:
BHP Xplor selection to further develop IRIS
(product)
. Mineural was selected for the 2026 BHP Xplor accelerator, gaining non-dilutive funding and technical collaboration to test IRIS in new geological contexts and datasets.
Source: MINEURAL investors page.
https://www.mineural.ca/en/investors/
-
2026-02-02:
BHP Xplor selection adds copper-focused strategic partnership
(gtm)
. Mineural was selected for BHP’s 2026 Xplor accelerator, receiving equity-free funding and working with BHP to apply IRIS to copper exploration.
Source: BHP.
https://www.bhp.com/news/media-centre/releases/2026/02/bhp-backs-the-next-wave-of-exploration-and-technology-talent-in-its-biggest-xplor-intake-yet
-
2026-02-01:
USD 500K grant
(funding)
. Amount: USD 500K. Investors: BHP Xplor
Source: MINEURAL Investors.
https://www.mineural.ca/en/investors/
Fleet Space Technologies
Website: fleetspace.com
Fleet Space Technologies builds space-enabled geoscience and AI products, including ExoSphere, a satellite-assisted mineral exploration platform that delivers 3D subsurface insights for mining and critical minerals discovery.
Category: Discovery & Resource Intelligence.
Funding stage: Series D+.
Founded: 2015.
Country: Australia.
Employees: 51-200 employees.
Landscape fit: It fits the Mining landscape because its core product is used for mineral exploration and subsurface imaging for mining operators, helping identify and characterize ore bodies with lower environmental impact.
Funding rounds
-
Series D
announced 2024-12-01
: 150000000 AUD
; investors: Teachers' Venture Growth, Blackbird Ventures, Hostplus, Horizons Ventures, Artesian Venture Partners, Alumni Ventures
; source: Fleet Space Technologies
; https://www.fleetspace.com/newsroom/fleet-space-closes-a-150m-series-d-with-a-800m-valuation
-
Series C
announced 2023-05-01
: 50000000 AUD
; investors: Blackbird, Grok Ventures, Alumni Ventures, Hostplus, TelstraSuper, Bondi Partners / The 1941 Fund, Pavilion Capital
; source: Fleet Space Technologies
; https://www.fleetspace.com/newsroom/fleet-space-raises-a-50m-series-c-to-globalise-revolutionary-critical-minerals-exploration-tech
-
Series B
announced 2021-11-01
: 26400000 USD
; investors: Artesian Venture Partners, Blackbird Ventures, Grok Ventures, Horizons Ventures, Alumni Ventures, Hostplus, South Australian Venture Capital Fund, In-Q-Tel
; source: Fleet Space Technologies
; https://www.fleetspace.com/news/fleet-space-technologies-secures-264m-usd-in-series-b-funding-to-enablenbspglobal-satellite-connectivity-for-internet-of-things
-
Series A
announced 2019-09-01
: 7350000 USD
; investors: Momenta Ventures, Horizons Ventures, Blackbird Ventures, Grok Ventures, South Australian government
; source: TechCrunch
; https://techcrunch.com/2019/09/04/fleet-space-technologies-raises-7-35m-for-its-space-based-iot-tech/
-
Series A
announced 2017-04-01
: 3750000 USD
; investors: Blackbird Ventures, Earth Space Robotics, Mike Cannon-Brookes
; source: CB Insights
; https://www.cbinsights.com/investor/horizon-partners
Company timeline
-
2026-05-28:
Team size observed
(hr)
. Public source shows a team size of 51-200 employees employees.. Team size observed: 51-200 employees employees.
Source: LinkedIn company page.
https://au.linkedin.com/company/fleet-space-technologies
-
2025-09-30:
New global headquarters and hyperfactory support scaling and brand presence
(gtm)
. Fleet Space opened its new Adelaide global headquarters and space-tech hyperfactory and framed it as a scale-up engine for ExoSphere and future exploration missions.
Source: Fleet Space newsroom.
https://www.fleetspace.com/newsroom/fleet-space-opens-new-global-headquarters-spacetech-hyperfactory-for-10th-anniversary
-
2025-08-07:
Kendall Cole-Rae joins XIR program
(hr)
. Fleet Space announced the appointment of ex-Rio Tinto leader Kendall Cole-Rae to its Experts-in-Residence program.
Source: Fleet Space newsroom.
Ex-Rio Tinto Leader, Kendall Cole-Rae, Joins Fleet Space to Accelerate Sustainable Mining Innovation
-
2025-07-08:
ExoSphere MT launches as a fuller multiphysics platform
(gtm)
. Fleet Space launched ExoSphere MT and positioned it alongside ANT, active seismic, and gravity surveys in the AI-powered platform.
Source: Fleet Space newsroom.
https://www.fleetspace.com/newsroom/real-time-mt-is-here-fleet-space-expands-frontier-of-multiphysics-exploration
-
2025-07-08:
ExoSphere MT launched in real time
(product)
. Fleet Space launched ExoSphere MT, a real-time magnetotellurics solution that can be deployed alongside seismic and gravity surveys. ([fleetspace.com](https://www.fleetspace.com/newsroom/real-time-mt-is-here-fleet-space-expands-frontier-of-multiphysics-exploration))
Source: Fleet Space Technologies.
https://www.fleetspace.com/newsroom/real-time-mt-is-here-fleet-space-expands-frontier-of-multiphysics-exploration
-
2025-05-06:
Ma’aden contract turns Saudi MoU into multi-year commercial deployment
(gtm)
. Fleet Space and Tahreez signed a four-year contract with Ma’aden to deploy ExoSphere across more than 12,000 km2 in the Arabian Shield.
Source: Fleet Space newsroom.
https://www.fleetspace.com/newsroom/maaden-signs-fleet-space-tahreez-to-explore-12-000-km2-of-arabian-shield
Geolinks Services
Website: geolinks-services.com
Geolinks Services is a French geophysical monitoring/deeptech company that develops subsurface sensing software (FlowTerra) for industrial operators across mining, CO2 storage, underground gas/hydrogen storage, geothermal energy, and water-resource management.
Category: Discovery & Resource Intelligence.
Funding stage: Pre Seed.
Founded: 2020.
Country: France.
Landscape fit: It fits the Mining category because its official site explicitly markets geophysical subsurface monitoring for the mining industry and lists mine/quarry safety and mining as core applications of its technology.
Funding rounds
-
seed
announced 2026-02-01
: 6000000 EUR
; investors: Calderion, French Tech Seed Fund (Bpifrance), BRGM Invest, InnoEnergy
; source: Bpifrance Presse
; https://presse.bpifrance.fr/geolinks-services-leve-6-meur-aupres-de-calderion-du-fonds-french-tech-seed-gere-pour-le-compte-de-letat-par-bpifrance-dans-le-cadre-de-france-2030-brgm-invest-et-innoenergy-pour-industrialiser-flowt/?lang=fra
-
pre-seed
announced 2024-04-01
: 1500000 EUR
; investors: EIT InnoEnergy
; source: EIT InnoEnergy
; https://www.innoenergy.com/uploads/2024/04/20240424_CP_Innoenergy_Geolinks_ENG.pdf
Company timeline
-
2026-05-05:
Ole G. Engels welcomed to lead US business development
(hr)
. Geolinks announced on LinkedIn that Ole G. Engels joined to lead business development in the United States as part of its international growth.
Source: Geolinks LinkedIn company page.
https://www.linkedin.com/company/geolinks-services/
-
2026-03-06:
Team scaling toward broader delivery capacity
(gtm)
. The careers page says Geolinks had 14 employees and aimed to double its workforce by the end of 2026, while highlighting international projects in Brazil, Botswana, and South Africa. ([geolinks-services.com](https://geolinks-services.com/join-our-team/))
Source: Geolinks careers page.
https://geolinks-services.com/join-our-team/
-
2026-03-06:
Senior Project Geophysicist opening posted
(hr)
. Geolinks published a full-time Senior Project Geophysicist role in Nantes on its job opportunities page.
Source: Geolinks job opportunities page.
https://geolinks-services.com/job-opportunities/
-
2026-02-01:
seed
(funding)
. Amount: 6000000 EUR. Investors: Calderion, French Tech Seed Fund (Bpifrance), BRGM Invest, InnoEnergy
Source: Bpifrance Presse.
https://presse.bpifrance.fr/geolinks-services-leve-6-meur-aupres-de-calderion-du-fonds-french-tech-seed-gere-pour-le-compte-de-letat-par-bpifrance-dans-le-cadre-de-france-2030-brgm-invest-et-innoenergy-pour-industrialiser-flowt/?lang=fra
-
2025-12-01:
Partner-led commercialization emphasized
(gtm)
. Geolinks published a partnerships page describing a collaborative network of industry and academic partners and stating that the company works to build solutions for clients while bringing new clients to its partners. ([geolinks-services.com](https://geolinks-services.com/rd-partnerships/))
Source: Geolinks partnerships page.
https://geolinks-services.com/rd-partnerships/
-
2025-12-01:
Broadened multi-market product positioning
(gtm)
. Geolinks’ homepage now positions FlowTerra across mining, CO2 storage, underground gas storage, and natural hydrogen, and frames the product as Diagnosis, Monitor, and Predict for different buyer needs. ([geolinks-services.com](https://geolinks-services.com/?utm_source=openai))
Source: Geolinks homepage.
https://geolinks-services.com/
Lithosquare
Website: lithosquare.com
Lithosquare is an AI-powered mineral exploration company that uses geology-first models and field data to identify and accelerate the discovery of critical metal deposits.
Category: Discovery & Resource Intelligence.
Funding stage: Seed.
Founded: 2024.
Country: France.
Employees: 2-10 employees.
Landscape fit: It fits the Mining category because it focuses on strategic mineral exploration and discovery of critical metal deposits for mining companies.
Funding rounds
-
Seed
announced 2026-05-01
: 22000000 EUR
; investors: World Fund, Kindred Capital, Daphni, Omnes Capital, OVNI Capital
; source: Gide
; https://www.gide.com/en/news-insights/gide-advises-world-fund-and-kindred-capital-on-lithosquares-e22-million-fundraising/
Company timeline
-
2026-05-21:
Exploration Geologist job opening posted
(hr)
. Lithosquare posted an Exploration Geologist role in Paris on LinkedIn.. Team size observed: 2-10 employees employees.
Source: LinkedIn.
https://www.linkedin.com/jobs/view/exploration-geologist-at-lithosquare-4417306552
-
2026-05-01:
Active multi-role careers page
(hr)
. Lithosquare’s careers page showed multiple open positions across exploration and technology, including Geophysicist, Project Geologist, Exploration Geologist, Data Engineer, and Internal AI & Automation Engineer.
Source: Lithosquare careers page.
https://jobs.lithosquare.com/
-
2026-05-01:
Product org and delivery function begin to surface
(product)
. Lithosquare’s careers site now shows open roles for Product Manager, Forward Deployed Engineer, and an Internal AI & Automation Engineer, indicating more structured product delivery and internal AI workflow tooling around the exploration platform. ([jobs.lithosquare.com](https://jobs.lithosquare.com/?utm_source=openai))
Source: Lithosquare jobs site.
https://jobs.lithosquare.com/
-
2026-05-01:
First AI Automation Engineer opening
(hr)
. Lithosquare publicly posted that it was hiring its first AI Automation Engineer intern or junior full-time.
Source: LinkedIn post by Maxime Michel.
https://www.linkedin.com/posts/maxime-michel-296430193_lithosquare-ai-automation-engineer-intern-activity-7406302034108370944-XKy9
-
2026-05-01:
Seed
(funding)
. Amount: EUR 22M. Investors: World Fund, Kindred Capital, Daphni, Omnes Capital, OVNI Capital
Source: Gide.
https://www.gide.com/en/news-insights/gide-advises-world-fund-and-kindred-capital-on-lithosquares-e22-million-fundraising/
-
2026-03-31:
Aterian collaboration delivered priority exploration targets
(gtm)
. The Lithosquare collaboration completed target selection and identified eight high-priority exploration targets across Morocco and Botswana.
Source: Aterian PLC announcement.
https://aterianplc.com/announcements/7331108
M4Mining
Website: m4mining.eu
An EU-funded mining technology initiative developing hyperspectral UAV and satellite monitoring tools to improve mineral characterization, mine-site mapping, and environmental monitoring across active and legacy mines.
Category: Discovery & Resource Intelligence.
Funding stage: Seed.
Founded: 2023.
Country: Norway.
Employees: 11–50 employees.
Landscape fit: It fits the Mining category because its core work is focused on mining operations, including exploration, extraction, re-mining, tailings monitoring, and sustainable mine closure using remote sensing and analytics.
Funding rounds
-
Grant
announced 2022-11-01
: 4499512.13 EUR
; investors: European Union (Horizon Europe)
; source: CORDIS European Commission
; https://cordis.europa.eu/project/id/101091462/reporting
Company timeline
-
2026-05-01:
Team size observed
(hr)
. Public source shows a team size of 11–50 employees employees.. Team size observed: 11–50 employees employees.
Source: LinkedIn.
https://no.linkedin.com/company/m4mining
-
2025-08-01:
Workshop-led industry engagement broadened in 2025
(gtm)
. The outreach page shows a 1-day workshop attached to SGA Denver 2025, extending the project’s conference presence into a more interactive education and engagement format. ([m4mining.eu](https://www.m4mining.eu/outreach/))
Source: m4mining Outreach.
https://www.m4mining.eu/outreach/
-
2025-02-01:
Workflow validation and stakeholder advisory-board motion matured
(gtm)
. The progress page shows validated hardware/software specifications, a UAV ready-to-fly milestone, safety approvals, and joint activities with the Mineral Advisory Board, indicating a structured move toward end-user validation. ([m4mining.eu](https://www.m4mining.eu/hyperspectral-mining-updates/progress/))
Source: m4mining Progress.
https://www.m4mining.eu/hyperspectral-mining-updates/progress/
-
2024-07-01:
Field-trial proof motion around legacy mine monitoring
(gtm)
. M4Mining highlighted UAV and EnMAP satellite analysis at the former Mary Kathleen uranium mine to investigate environmental surface changes, alongside a 2024 review paper and drone-based legacy-mine monitoring publication. ([m4mining.eu](https://www.m4mining.eu/hyperspectral-mining-updates/))
Source: m4mining News.
https://www.m4mining.eu/hyperspectral-mining-updates/
-
2024-05-01:
Public positioning hardened around decision-maker workflows
(gtm)
. The website and objectives page frame M4Mining as a toolchain for real-time mineral classification, multi-scale monitoring, and ready-to-use maps for decision-makers across mining life-cycle stages. ([m4mining.eu](https://www.m4mining.eu/?utm_source=openai))
Source: m4mining Home and Objectives.
https://www.m4mining.eu/
-
2024-03-01:
Expanded industry-facing conference outreach
(gtm)
. M4Mining used major mining and remote-sensing conferences in 2024 to present project progress and talk to miners, researchers, and stakeholders, including PDAC 2024, Earsel Workshop, IGC Korea, and others. ([m4mining.eu](https://www.m4mining.eu/outreach/))
Source: m4mining Outreach.
https://www.m4mining.eu/outreach/
Ideon Technologies
Website: ideon.ai
Ideon Technologies builds high-resolution subsurface imaging and geophysical intelligence tools for mining, using muon tomography, proprietary sensors, inversion software, and AI to help explorers and miners see what lies beneath the earth’s surface.
Category: Discovery & Resource Intelligence.
Funding stage: Series A.
Founded: 2013.
Country: Canada.
Employees: unknown.
Landscape fit: It fits Discovery & Resource Intelligence because its core product turns geoscience signals into higher-confidence decisions about where mineral deposits are, helping reduce uncertainty in exploration and mine planning.
Funding rounds
-
grant
announced 2024-10-11
: 2700000 CAD
; investors: PacifiCan
; source: Government of Canada news release
; https://www.canada.ca/en/pacific-economic-development/news/2024/10/government-of-canada-provides-47-million-in-funding-for-two-richmond-based-companies-to-support-growth-and-create-high-quality-jobs.html
-
grant
announced 2024-03-20
: 2700000 CAD
; investors: PacifiCan
; source: Government of Canada grants database
; https://search.open.canada.ca/grants/record/pacifican%2CGC-WD-DEO-2023-2024-Q4-35%2Ccurrent
-
series A
announced 2022-09-13
: 16000000 USD
; investors: Playground Global, existing investors
; source: official company press release
; https://ideon.ai/post/2022/09/13/ideon-technologies-raises-us16m-series-a-to-accelerate-supernova-charged-subsurface-imaging-solution-for-critical-mineral-discovery
-
grant
announced 2021-07-01
: 32500 CAD
; investors: NRC IRAP
; source: Government of Canada grants database
; https://search.open.canada.ca/grants/record/nrc-cnrc%2C172-2021-2022-Q1-974371%2Ccurrent
-
grant
announced 2020-11-16
: 435000 CAD
; investors: NRC IRAP
; source: official company press release
; https://ideon.ai/post/2020/11/16/ideon-technologies-leads-international-collaboration-for-borehole-muon-detector-trials
Company timeline
-
2026-08-06:
Product snapshot
(product)
. REVEAL is Ideon’s subsurface intelligence platform for mining, built on proprietary muon detectors, imaging hardware, inversion/software tools, AI-powered services, multiphysics fusion, and visualization for underground decision-making.
Source: ideon.ai.
https://ideon.ai
-
2026-08-04:
Ideon appoints VP of Software Engineering Anirban Basu
(hr)
. Ideon announced Anirban Basu as Vice President, Software Engineering to strengthen leadership for scaling physical AI for the subsurface.
Source: Ideon Technologies newsroom.
https://ideon.ai/newsroom
-
2026-05-27:
Ideon appoints Chief Commercial Officer Daniel Mohan
(hr)
. Ideon announced Daniel Mohan as Chief Commercial Officer to accelerate enterprise adoption across global mining operations.
Source: Ideon Technologies newsroom.
https://ideon.ai/newsroom
-
2026-04-27:
Ideon enters Chile
(gtm)
. Ideon officially launched in Chile and appointed a Santiago-based Business Development Director to execute its go-to-market strategy in Chile and across Latin America.
Source: official company press release.
https://ideon.ai/post/2026/04/27/ideon-technologies-launches-in-chile-to-enhance-mining-safety-and-productivity
-
2026-04-27:
Ideon launches in Chile with regional business development leadership
(hr)
. The Chile launch announcement named Manfredo Manfredi as Business Development Director based in Santiago.
Source: official company press release.
https://ideon.ai/post/2026/04/27/ideon-technologies-launches-in-chile-to-enhance-mining-safety-and-productivity
-
2026-01-20:
World's deepest borehole muon tomography deployment at Caber Nord
(product)
. Ideon's customer results page describes a deployment at Nuvau Minerals' Caber Nord project as the world's deepest borehole muon tomography deployment, demonstrating technical extension of the platform.
Source: Ideon case study.
https://ideon.ai/results/nuvau-minerals-caber-nord
Mine Development & Extraction
Companies that introduce new methods for reaching and extracting deposits that conventional mining approaches cannot develop economically.
Hades Resources GmbH
Website: hades.com
A Munich-based deep-tech extraction company developing laser-drilling and in-situ recovery technologies to access critical minerals and geothermal energy from deep underground rock formations. ([hades.com](https://www.hades.com/))
Category: Mine Development & Extraction.
Funding stage: Seed.
Founded: 2025.
Country: Germany.
Employees: 11-50.
Landscape fit: It fits Mine Development & Extraction because it is explicitly focused on unlocking otherwise hard-to-reach critical minerals using new subsurface drilling and extraction methods rather than conventional open-pit mining. ([hades.com](https://www.hades.com/))
Funding rounds
-
seed
announced 2026-02-17
: 15000000 EUR
; investors: HV Capital, Headline, Project A, Visionaries Tomorrow, Founders Factory, Viessmann Generations Group, Interface Capital, Founder Lake
; source: Munich Startup
; https://www.munich-startup.de/en/117050/hades-mining-seed
-
pre-seed
announced 2025-08-20
: 5500000 EUR
; investors: Project A, Founders Factory, Visionaries Tomorrow, Roman Hölzl, Moritz von der Linden, Hélène Huby, Nicolas Burkardt, Daniel Wiegand, Florian Seibel, Viessmann Generations Group
; source: Tech.eu
; https://tech.eu/2025/08/20/hades-mining-emerges-from-stealth-with-eur55m-pre-seed-funding
Company timeline
-
2026-08-06:
Product snapshot
(product)
. Official Hades pages describe a Munich-based deep-tech extraction company building IPL Cerberus, a laser drilling system for deep subsurface conditions, plus in-situ recovery capabilities for critical minerals and geothermal energy.
Source: Hades | Home.
https://www.hades.com
-
2026-07-01:
Company post says it is growing fast and hiring engineering talent
(hr)
. A Hades LinkedIn post says the company is growing fast and looking for outstanding engineering talent, highlighting a Mechanical Engineer working student or intern role in Munich.
Source: Hades Mining LinkedIn post about hiring growth.
https://www.linkedin.com/posts/hades_we-are-growing-fast-and-looking-for-outstanding-activity-7416835847058026496-nLL_
-
2026-02-17:
Seed
(funding)
. Amount: EUR 15M. Investors: HV Capital, Headline, Project A, Visionaries Tomorrow, Founders Factory, Viessmann Generations Group, Interface Capital, Founder Lake
Source: Munich Startup.
https://www.munich-startup.de/en/117050/hades-mining-seed
-
2025-08-20:
Pre-seed
(funding)
. Amount: EUR 5.5M. Investors: Project A, Founders Factory, Visionaries Tomorrow, Roman Hölzl, Moritz von der Linden, Hélène Huby, Nicolas Burkardt, Daniel Wiegand, Florian Seibel, Viessmann Generations Group
Source: Tech.eu.
https://tech.eu/2025/08/20/hades-mining-emerges-from-stealth-with-eur55m-pre-seed-funding
-
2025-08-01:
Active engineering hiring in Munich
(hr)
. The official careers page shows multiple open roles in Munich, including Senior In-Situ Recovery Engineer, Mechatroniker, Mechanical Engineer, and (Senior) R&D Engineer - Drilling.
Source: Hades | Join Our Mission.
https://www.hades.com/hiring
-
2025-08-01:
Website launch and partner recruitment for first projects
(gtm)
. Hades and Headline publicized the launch of the new Hades website and the company's active search for partners to develop its first resource extraction and energy projects.
Source: Headline LinkedIn post on Hades launch.
https://www.linkedin.com/posts/headlinevc/were-excited-to-seehades-mininglaunch-activity-7440004941860990977-sgVf
Novamera Inc.
Website: novamerainc.com
Novamera develops Surgical Mining™ hardware, software, and AI-driven drilling systems that help mining companies economically extract narrow-vein and otherwise uneconomic deposits with a smaller footprint and less waste.
Category: Mine Development & Extraction.
Funding stage: Series A.
Founded: 2019.
Country: Canada.
Employees: ~17 employees.
Landscape fit: It fits Mine Development & Extraction because its core product is a new extraction method that integrates with conventional drilling equipment to reach and mine deposits that are not economical with traditional methods.
Funding rounds
-
strategic project funding
announced 2026-07-09
: 3800000 CAD
; investors: DIGITAL
; source: Government of Canada
; https://www.canada.ca/en/innovation-science-economic-development/news/2026/07/minister-joly-announces-federal-investments-backing-canadian-mining-innovations-to-strengthen-critical-minerals-supply-chains-and-improve-mine-rest.html
-
Series A
announced 2021-07-27
: 5000000 USD
; investors: BDC Capital’s Industrial Innovation Venture Fund, Chrysalix Venture Capital, management, other private investors
; source: Official Novamera press release
; https://novamerainc.com/novamera-closes-5-million-series-a-financing-to-advance-its-precision-mining-solution-sustainable-mining-by-drilling
-
venture financing
announced 2020-04-28
; investors: Chrysalix RoboValley Fund
; source: Chrysalix
; https://www.chrysalix.com/news_insights/chrysalix-robovalley-fund-invests-in-novamera-inc-developers-of-a-breakthrough-technology-for-the-mining-industry
Company timeline
-
2026-08-06:
Product snapshot
(product)
. Turnkey Surgical Mining platform for targeted extraction of narrow-vein and other challenging ore bodies, combining software, AI, subsurface imaging, positioning/steering, drilling, and field execution services.
Source: Novamera official home page.
https://novamerainc.com
-
2026-07-09:
Strategic project funding
(funding)
. Amount: CAD 3.8M. Investors: DIGITAL
Source: Government of Canada.
https://www.canada.ca/en/innovation-science-economic-development/news/2026/07/minister-joly-announces-federal-investments-backing-canadian-mining-innovations-to-strengthen-critical-minerals-supply-chains-and-improve-mine-rest.html
-
2026-01-12:
Novamera validates enhanced Surgical Mining system in Newfoundland
(product)
. Novamera said it completed a field deployment in Newfoundland and validated key hardware and software enhancements, including three-dimensional position control, real-time visualization, and the Course Correction Device.
Source: Official Novamera press release.
https://novamerainc.com/novamera-proves-faster-low-impact-data-driven-alternative-to-conventional-mining-for-narrow-vein-deposits
-
2026-01-01:
Novamera LinkedIn page shows 17 employees and no active jobs
(hr)
. The company’s LinkedIn page observed 17 employees and stated there were currently no jobs posted.
Source: LinkedIn company jobs page.
https://ca.linkedin.com/company/novamera/jobs
-
2025-11-07:
Novamera begins commercial production with Surgical Mining
(product)
. Novamera announced that it had started commercial production using Surgical Mining technology.
Source: Novamera news archive / company announcement.
https://novamerainc.com/first-of-its-kind-surgical-mining-technology-positions-novamera-to-accelerate-production-of-critical-minerals-and-metals
-
2025-10-09:
Novamera signs definitive Surgical Mining services agreement with Northstar
(product)
. Novamera and Northstar Gold executed a services agreement to deploy Novamera’s turnkey Surgical Mining solution at the Cam Copper Project near Kirkland Lake, Ontario.
Source: Official Novamera press release.
https://novamerainc.com/northstar-and-novamera-execute-definitive-surgical-mining-services-agreement
Mine Operations & Processing
Companies that improve active mine performance through technology embedded directly in production workflows.
Plotlogic
Website: plotlogic.com
Plotlogic is a mining technology company that uses sensors, AI, and ore-body intelligence to help mine operators identify rock properties in real time and improve ore recovery and sustainability.
Category: Mine Operations & Processing.
Funding stage: Series B.
Founded: 2018.
Country: Australia.
Employees: 11-50 employees.
Landscape fit: It fits the Mining category because its core product is built for mine operators, providing real-time ore characterization and decision support to improve extraction, recovery, and environmental performance.
Funding rounds
-
Series B
announced 2023-07-01
: 28000000 USD
; investors: Galvanize Climate Solutions, SE Ventures, Innovation Endeavors, DCVC, GRIDS Capital, Bentley iTwin Ventures
; source: Plotlogic
; https://www.plotlogic.com/insights/
-
Series A
announced 2022-03-01
: 18000000 USD
; investors: Innovation Endeavors, DCVC, Baidu Ventures, GRIDS Capital, Bentley iTwin Ventures
; source: PR Newswire
; https://www.prnewswire.com/news-releases/mining-technology-startup-plotlogic-announces-18m-series-a-301507239.html
-
Seed
announced 2021-06-01
: 5000000 USD
; investors: DCVC
; source: CanvasBusinessModel
; https://canvasbusinessmodel.com/blogs/brief-history/plotlogic-brief-history
Company timeline
-
2026-05-28:
Team size observed
(hr)
. Public source shows a team size of 11-50 employees employees.. Team size observed: 11-50 employees employees.
Source: LinkedIn.
https://au.linkedin.com/company/plotlogic
-
2026-05-01:
Legacy stockpiles become a named customer-proof use case
(gtm)
. Plotlogic published a new case study showing OreSense® applied to legacy stockpiles, positioning the product as a tool for finding and fixing problematic dirt, moisture, and gangue materials in underutilized stockpiles.
Source: Plotlogic case study.
https://plotlogic.com/wp-content/uploads/2025/12/Plotlogic-Case-Study-Legacy-Stockpiles.pdf
-
2025-12-01:
Clay analysis workflow added for stockpiles and conveyors
(product)
. Plotlogic published a clay performance case study showing OreSense used to identify and manage problem clays, including a stockpile scan taken in 3 minutes and conveyor-based clay validation.
Source: Plotlogic case study.
https://plotlogic.com/wp-content/uploads/2025/12/Plotlogic-Case-Study-Clay-Performance.pdf
-
2025-10-01:
Customer proof expands around high-value use cases
(gtm)
. Plotlogic published a new set of case studies showing OreSense® used for ore/waste discrimination at Mt Holland, plus stockpile and clay-management applications and underground mapping.
Source: Plotlogic case studies / PDFs.
https://plotlogic.com/case-studies/
-
2025-10-01:
OreSense deployed for rapid ore/waste discrimination at Mt Holland
(product)
. Plotlogic published a Covalent Lithium case study showing OreSense integrated into daily operations for ore/waste discrimination, destination compliance, ore spotter benchmarking, and broader operational optimisation.
Source: Plotlogic case study.
https://plotlogic.com/wp-content/uploads/2025/10/Plotlogic-Case-Study-Covalent.pdf
-
2025-10-01:
Steve Lennard appointed CEO; Andrew Job moves to Chief Strategy Officer
(hr)
. Plotlogic announced that founder and outgoing CEO Andrew Job would transition to Chief Strategy Officer while Steve Lennard was appointed Chief Executive Officer.
Source: Plotlogic.
https://plotlogic.com/plotlogic-appoints-steve-lennard-as-ceo-to-drive-global-expansion-of-sustainable-mining-technology/
LoopX
Website: loopx.ai
LoopX is a Waterloo-based physical AI company that builds underground mining perception, collision-avoidance, and autonomy systems for harsh industrial environments. ([loopx.ai](https://www.loopx.ai/about))
Category: Mine Operations & Processing.
Funding stage: Seed.
Founded: 2022.
Country: Canada.
Employees: 11-20.
Landscape fit: It fits AI for Critical Minerals & Mining Tech because its core products are built specifically for mining operations—especially underground sensing, hazard detection, and automation in extreme conditions. ([loopx.ai](https://www.loopx.ai/about))
Funding rounds
-
seed
announced 2026-08-04
: 4050000 CAD
; investors: BDC Seed Venture Fund, Orion Industrial Ventures, Hatch
; source: LoopX
; https://loopx.ai/blog/funding-announcement
-
repayable contribution
announced 2025-03-01
: 480000 CAD
; investors: FedNor / Federal Economic Development Agency for Northern Ontario
; source: Government of Canada Grants and Contributions
; https://search.open.canada.ca/grants/record/fednor%2C200-2025-2026-Q1-019%2Ccurrent
-
prize / challenge award
announced 2022-07-20
: 30000 CAD
; investors: Rogers, Ontario Vehicle Innovation Network (OVIN)
; source: University of Waterloo
; https://uwaterloo.ca/news/engineering-entrepreneurship/neither-snow-nor-rain
Company timeline
-
2026-08-05:
Product snapshot
(product)
. LoopX builds all-condition machine intelligence for mining and heavy industry, with perception technology that combines thermal vision, LiDAR, RF, edge computing, and SLAM to support collision avoidance, boom safety, geolocation/mapping, and productivity tracking in dust, glare, and total darkness.
Source: LoopX.
https://www.loopx.ai
-
2026-08-04:
LoopX highlights active deployment across eight mine sites
(gtm)
. LoopX said its Physical AI platform is deployed across eight active mine sites with leading operators and contractors, including Vale Base Metals and Cementation Americas.
Source: LoopX LinkedIn.
https://ca.linkedin.com/company/loopx-ai
-
2026-08-04:
Seed
(funding)
. Amount: CAD 4.05M. Investors: BDC Seed Venture Fund, Orion Industrial Ventures, Hatch
Source: LoopX.
https://loopx.ai/blog/funding-announcement
-
2026-05-01:
LoopX publicizes industry showcase at Mining Transformed
(gtm)
. NORCAT's exhibitor page listed LoopX as a Mining Transformed exhibitor and described its CAS and SLAM technologies for mining equipment.
Source: Mining Transformed / NORCAT.
https://miningtransformed.norcat.org/exhibitors/loopx.html
-
2026-01-01:
LoopX publishes collision avoidance system product page
(product)
. LoopX formalized Collision Avoidance System as a product for underground and surface mining, describing 360° detection, proactive warnings, and automatic intervention using Vision AI, LiDAR, and RF.
Source: LoopX.
https://www.loopx.ai/collision-avoidance-system-2
-
2025-12-01:
LoopX publishes Thermal Vision AI technology page
(product)
. LoopX documented Thermal Vision AI as the perception layer beneath every system, trained on underground data to detect and classify people, equipment, and hazards in low-visibility conditions.
Source: LoopX.
https://www.loopx.ai/technologies/thermal-ai-vision
NextOre Ltd
Website: nextore.com.au
NextOre develops magnetic-resonance ore sensing and sorting systems that help miners measure ore grade in real time and improve active mine performance in production workflows.
Category: Mine Operations & Processing.
Funding stage: Series B.
Founded: 2017.
Country: Australia.
Employees: unknown.
Landscape fit: It fits Mine Operations & Processing because its technology is embedded directly in mine production to sort ore, reject waste, and improve throughput, recoveries, and operating efficiency.
Funding rounds
-
Series B growth capital raising
announced 2024-09-01
: 5200000 USD
; investors: RFC Ambrian Funds Management, QCM Fund, existing shareholders
; source: NextOre
; https://www.nextore.com.au/nextore-ltd-closes-5-2m-series-b-growth-capital-raising
-
strategic share subscription / investment
announced 2023-10-01
: 5000000 USD
; investors: Gebr. Pfeiffer
; source: NextOre
; https://www.nextore.com.au/nextore-welcomes-pfeiffer-as-strategic-investor-partner-for-next-gen-minerals-processing
-
private funding round
announced 2019-12-01
: 2500000 USD
; investors: founding shareholders, sophisticated private investors, RFC Ambrian, CSIRO, Worley/Advisian Digital
; source: NextOre
; https://www.nextore.com.au/nextore-raises-2-5-million-in-private-funding
Company timeline
-
2026-08-06:
Product snapshot
(product)
. Magnetic-resonance ore sensing and bulk ore sorting systems for mining operators, including on-conveyor analysers, open-geometry truck analysers, underground truck analysers, and mobile bulk sorting plants.
Source: NextOre.
https://www.nextore.com.au
-
2026-01-01:
NextOre posts geoscience technical advisor / business development opening
(hr)
. A LinkedIn jobs listing shows NextOre recruiting for a geoscience technical advisor role tied to business development in Sydney.
Source: LinkedIn.
https://www.linkedin.com/jobs/view/geoscience-technical-advisor-%E2%80%93-business-development-at-nextore-4376973679
-
2025-07-04:
NextOre Ltd acquired by NextOre and MRead
(acquisition)
. NextOre and MRead merged to form MagnaTerra Technologies, combining NextOre's mining magnetic-resonance business with MRead's humanitarian demining technology.. Acquirer: NextOre and MRead. Status: completed
Source: NextOre.
https://www.nextore.com.au/nextore-and-mread-unite-to-form-magnaterra-technologies
-
2025-03-01:
NextOre introduces underground copper truck analyser to market
(gtm)
. NextOre launched its world-first underground MR analyser and said it would support lower-risk, real-time ore routing for underground mines, with first deployment expected in New South Wales in 2025.
Source: NextOre.
https://www.nextore.com.au/nextore-unveils-world-first-mr-analyser-for-underground-copper-trucks
-
2025-03-01:
NextOre launches underground copper truck analyser
(product)
. NextOre made its world-first underground MR analyser available for copper miners, adapted from its truck-scanning technology for underground haul trucks.
Source: NextOre.
https://www.nextore.com.au/nextore-unveils-world-first-mr-analyser-for-underground-copper-trucks
-
2024-09-01:
Series b growth capital raising
(funding)
. Amount: USD 5.2M. Investors: RFC Ambrian Funds Management, QCM Fund, existing shareholders
Source: NextOre.
https://www.nextore.com.au/nextore-ltd-closes-5-2m-series-b-growth-capital-raising
Exyn Technologies, Inc.
Website: exyn.com
Exyn builds autonomous mapping and perception software plus rugged robotic/drone systems for complex, GPS-denied industrial environments, with strong use in mining and other safety-critical operations. ([exyn.com](https://www.exyn.com/))
Category: Mine Operations & Processing.
Founded: 2014.
Country: United States.
Landscape fit: It fits Mine Operations & Processing because Exyn’s products are designed to improve data capture, safety, and efficiency in active mine workflows, especially in complex underground or GPS-denied environments. ([exyn.com](https://www.exyn.com/))
Funding rounds
-
Initial public offering
announced 2026-05-18
: 19400000 USD
; investors: public investors
; source: GlobeNewswire
; https://www.globenewswire.com/news-release/2026/05/18/3297064/0/en/Exyn-Announces-Closing-of-its-Initial-Public-Offering.html
-
IPO underwriting agreement
announced 2026-05-14
; investors: underwriters
; source: SEC
; https://www.sec.gov/Archives/edgar/data/1960355/000110465926063581/tm2525579d38_8k.htm
-
Series B extension / second close
announced 2023-09-05
; investors: C.R. Kennedy & Company, Aero X Ventures
; source: Exyn Technologies
; https://www.exyn.com/news/exyn-secures-additional-funding-c-r-kennedy-aero-x-ventures
-
Series B
announced 2022-12-22
: 35000000 USD
; investors: previous investors, Reliance Industries
; source: Exyn Technologies
; https://www.exyn.com/news/exyn-secures-35m-series-b-funding
-
Series A
announced 2019-07-11
: 16000000 USD
; investors: Centricus, Yamaha Motors Ventures, In-Q-Tel, Corecam Family Office, Red and Blue Ventures, IP Group, Inc.
; source: PR Newswire
; https://www.prnewswire.com/news-releases/exyn-technologies-raises-16-million-series-a-round-300883171.html
Company timeline
-
2026-08-06:
Product snapshot
(product)
. Autonomous robotic mapping and perception software plus rugged modular mapping systems for complex, GPS-denied industrial environments.
Source: Exyn.
https://www.exyn.com
-
2026-07-06:
Q1 2026 revenue of $1.19 million
(gtm)
. Exyn’s Q1 2026 investor release reports revenue of $1.19 million for the quarter ended March 31, 2026, and says customer project timing affected the period.
Source: Exyn Technologies / GlobeNewswire.
https://investors.exyn.com/pr/exyn-technologies-reports-first-quarter-2026-financial-results-successfully-completed-initial-public-offering-and-continued-expansion-of-exynai-across-commercial-and-government-markets
-
2026-05-18:
Initial public offering
(funding)
. Amount: USD 19.4M. Investors: public investors
Source: GlobeNewswire.
https://www.globenewswire.com/news-release/2026/05/18/3297064/0/en/Exyn-Announces-Closing-of-its-Initial-Public-Offering.html
-
2026-05-18:
IPO
(funding)
. Exyn Technologies, Inc. went public.
-
2026-05-14:
Undisclosed ipo underwriting agreement
(funding)
. Amount undisclosed. Investors: underwriters
Source: SEC.
https://www.sec.gov/Archives/edgar/data/1960355/000110465926063581/tm2525579d38_8k.htm
-
2026-02-16:
Exyn partner reseller program expands sales enablement
(gtm)
. A February 2026 Exyn blog post describes partner sales tools, recurring Customer Success calls, training, on-site trade-show support, a channel partner portal, and the Nexys API as selling tools for resellers.
Source: Exyn Technologies.
https://www.exyn.com/news/the-sales-tools-that-help-exyn-partners-win-more-business
Tech-Enabled Resource Companies
Companies whose proprietary technology underpins a business built around owning mineral assets rather than selling tools to miners.
KoBold Metals
Website: koboldmetals.com
KoBold Metals is an AI-driven mineral exploration company that uses machine learning, scientific computing, and geoscience to discover and develop critical battery-metal resources such as copper, lithium, nickel, and cobalt. ([koboldmetals.com](https://koboldmetals.com/about-us/?utm_source=openai))
Category: Tech-Enabled Resource Companies.
Funding stage: Series C.
Founded: 2018.
Country: United States.
Employees: 51-200 employees.
Landscape fit: It fits Mining because it is an exploration and development company focused on finding underground mineral deposits and advancing battery-metal mines. ([koboldmetals.com](https://koboldmetals.com/about-us/?utm_source=openai))
Funding rounds
-
Series C
announced 2025-01-01
: 537000000 USD
; investors: Durable Capital Partners, T. Rowe Price, Andreessen Horowitz, Bond Capital, Breakthrough Energy Ventures, Earthshot VC, Equinor, July Fund, Mitsubishi, Standard Investments, StepStone Group, WCM Investment Management
; source: TechCrunch
; https://techcrunch.com/2025/01/02/kobold-used-ai-to-find-copper-now-investors-are-piling-in-to-the-tune-of-537m/
-
Series C
announced 2023-06-01
: 195000000 USD
; investors: T. Rowe Price, Andreessen Horowitz, Breakthrough Energy Ventures, BOND, Standard Investments, Equinor Ventures, BHP Ventures, Mitsubishi Corporation, Earthshot Ventures, July Fund
; source: Latham & Watkins
; https://www.lw.com/en/news/2023/06/latham-watkins-advises-kobold-metals-in-us195-million-funding-round
-
Series B
announced 2022-02-01
: 192500000 USD
; investors: T. Rowe Price Associates, Apollo Projects, Bond Capital, BHP Group, Canada Pension Plan Investment Board, Andreessen Horowitz, Breakthrough Energy Ventures
; source: Latham & Watkins
; https://www.lw.com/en/news/2022/02/latham-watkins-advises-kobold-metals-series-b-financing
-
Seed
announced 2019-03-01
: 20000000 USD
; investors: Breakthrough Energy Ventures, Andreessen Horowitz
; source: Cleantech Group
; https://www.cleantech.com/mining-and-automation-how-an-industry-is-addressing-challenges/
-
Series A
announced 2019-03-01
: 20000000 USD
; investors: Andreessen Horowitz, Breakthrough Energy Ventures
; source: Gaebler Venture Capital Database
; https://www.gaebler.com/VC-Funding-0F44286E-7B91-419D-8925-EB6347147BBC-KoBold-Metals-03-04-2019
Company timeline
-
2026-05-21:
Mingomba enters mine development with groundbreaking
(gtm)
. KoBold Metals and ZCCM-IH officially broke ground on shaft construction at the Mingomba copper mine in Zambia, marking the project’s transition from exploration into full mine development.
Source: KoBold Metals.
https://koboldmetals.com/2026/05/21/breaking-ground-at-mingomba-a-new-chapter-for-the-copperbelt/
-
2026-05-21:
Mingomba moved into full mine development
(product)
. KoBold and ZCCM-IH broke ground on shaft construction at Mingomba, marking the project’s transition from exploration into full mine development.
Source: KoBold Metals blog.
https://koboldmetals.com/2026/05/21/breaking-ground-at-mingomba-a-new-chapter-for-the-copperbelt/
-
2026-05-01:
Open positions cluster across global, Zambia, and DRC roles
(hr)
. KoBold’s careers page currently lists open positions for Global Remote and in person, Zambia on-site and remote, and DRC on-site and remote.. Team size observed: 51-200 employees employees.
Source: KoBold Metals Careers.
https://koboldmetals.com/careers/
-
2026-04-03:
Finland drilling program surfaced local talent and execution depth
(gtm)
. KoBold highlighted a Zambian intern who became a drill engineer and was working on the Risti Base of Till project in Sodankylä, Finland.
Source: KoBold Metals.
https://koboldmetals.com/blog/spotlight-on-gestina-mpuhuyawu-from-intern-to-drill-engineer-in-finland/
-
2026-03-12:
KoBold signs Burundi geological-data digitization agreement
(product)
. KoBold signed an agreement with the Government of Burundi to support digitization of the country’s geological data. ([koboldmetals.com](https://koboldmetals.com/2026/03/12/kobold-metals-signs-agreement-with-burundi-to-digitize-geological-data/))
Source: KoBold Metals.
https://koboldmetals.com/2026/03/12/kobold-metals-signs-agreement-with-burundi-to-digitize-geological-data/
-
2026-03-12:
Burundi geological-data agreement extended the government-partnership model
(gtm)
. KoBold signed an agreement with the Government of Burundi to help digitize the country’s geological data.
Source: KoBold Metals.
https://koboldmetals.com/2026/03/12/kobold-metals-signs-agreement-with-burundi-to-digitize-geological-data/
Earth AI
Website: earth-ai.com
Earth AI is a predictive mineral exploration company that uses AI and proprietary drilling technology to discover and validate critical mineral deposits.
Category: Tech-Enabled Resource Companies.
Funding stage: Series B.
Founded: 2017.
Country: Australia.
Employees: 11-50 employees.
Landscape fit: It fits the mining category because its core business is mineral exploration and drilling for clean-energy and critical metals, using AI to identify prospective deposits.
Funding rounds
-
Series B
announced 2025-01-01
: 20000000 USD
; investors: Tamarack Global, Cantos Ventures, Overmatch, Alpaca, Sparkwave Capital, Y Combinator, Scrum Ventures
; source: PR Newswire
; https://www.prnewswire.com/news-releases/earth-ai-closes-oversubscribed-round-raising-20m-for-ai-driven-mineral-exploration-302360289.html
-
Seed+
announced 2021-08-01
: 5500000 USD
; investors: 50 Years, DCVC, Metaplanet, Cantos Ventures, Promus Ventures, Gagarin Capital, Duro Ventures, Kyle Vogt, Arnoud Balhuizen
; source: FinSMEs
; https://www.finsmes.com/2021/08/earth-ai-raises-5-5m-seed-funding-round.html
-
Seed
announced 2021-08-01
: 5500000 USD
; investors: Promus Ventures, DCVC, Gagarin Capital Partners, Cantos Ventures, Kyle Vogt, Duro Ventures, MetaPlanet, Arnoud Balhuizen
; source: Dealroom.co
; https://app.dealroom.co/companies/earth_ai
-
Seed
announced 2020-03-01
: 5500000 USD
; investors: Asymmetry Ventures
; source: Dealroom.co
; https://app.dealroom.co/companies/earth_ai
-
Venture Round
announced 2019-08-01
: 2500000 USD
; investors: Gagarin Capital
; source: TechCrunch
; https://techcrunch.com/2019/08/19/ycs-earth-ai-closes-funding-for-its-platform-to-making-mining-less-wasteful/
Company timeline
-
2026-05-01:
Hiring cluster across core functions
(hr)
. Earth AI had multiple live job listings on SEEK for Graduate Geologist, Exploration Manager / Lead Geologist, Data Engineer, Operations / Office Assistant, Talent Acquisition Assistant, and Warehouse & Logistics Assistant.. Team size observed: 11-50 employees employees.
Source: SEEK.
https://www.seek.com.au/earth-ai-jobs
-
2026-04-29:
Announced in-house labs to speed sample turnaround
(gtm)
. Earth AI said it is setting up its own labs to cut rock-sample turnaround from months to days, extending its vertically integrated exploration model beyond AI targeting and drilling.
Source: TechCrunch.
https://techcrunch.com/2026/04/29/earth-ai-is-vertically-integrating-the-search-for-critical-minerals/
-
2025-09-01:
Sydney hiring cluster for drilling hardware and operations
(hr)
. Earth AI’s LinkedIn company page showed multiple open roles in Sydney, including a Senior Mechanical Engineer / Experimental Drilling and Geological Hardware role and a Graduate Operations role.
Source: EARTH AI on LinkedIn.
https://www.linkedin.com/company/earth-ai
-
2025-05-01:
First CFO hire: Monte Hackett
(hr)
. Earth AI publicly introduced Monte Hackett as its first CFO and said he was joining the team.
Source: EARTH AI on LinkedIn.
https://www.linkedin.com/posts/earth-ai_meet-monte-hackett-our-first-cfo-a-former-activity-7212080305287962624-MiIp
-
2025-01-01:
Series B
(funding)
. Amount: 20000000 USD. Investors: Tamarack Global, Cantos Ventures, Overmatch, Alpaca, Sparkwave Capital, Y Combinator, Scrum Ventures
Source: PR Newswire.
https://www.prnewswire.com/news-releases/earth-ai-closes-oversubscribed-round-raising-20m-for-ai-driven-mineral-exploration-302360289.html
-
2024-11-21:
First verified greenfield palladium discovery announced
(gtm)
. Earth AI and Legacy Minerals announced a verified palladium mineral system in NSW, positioning Earth AI as a validated discovery engine rather than only a technology story.
Source: Earth AI / PR Newswire.
https://www.prnewswire.com/news-releases/earth-ai-and-legacy-minerals-announce-first-ever-greenfield-palladium-discovery-using-artificial-intelligence-in-new-south-wales-302312289.html
VerAI Discoveries
Website: ver-ai.com
AI-driven mineral asset company that uses proprietary machine-learning to identify concealed mineral deposits and build a portfolio of high-probability mining projects.
Category: Tech-Enabled Resource Companies.
Funding stage: Series B.
Founded: 2020.
Country: United States.
Employees: 11-50 employees.
Landscape fit: It fits the Mining category because its core business is mineral exploration and discovery, specifically using AI to target concealed copper, lithium, nickel, cobalt, and other critical-mineral deposits.
Funding rounds
-
Series B
announced 2025-02-01
: 24000000 USD
; investors: Insight Partners, Blumberg Capital, Chrysalix Venture Capital, Orion Industrial Ventures
; source: VerAI Discoveries
; https://ver-ai.com/2025/02/26/verai-discoveries-secures-24-million-in-series-b/
-
Series A
announced 2023-03-01
: 12000000 USD
; investors: T. Rowe Price Associates, Inc., Orion Resource Partners, Chrysalix Venture Capital, Blumberg Capital
; source: VerAI Discoveries
; https://ver-ai.com/ai-powered-mineral-discovery-technology-company-verai-raises-12m-to-radically-improve-the-ability-to-locate-concealed-minerals-critical-for-a-sustainable-future/
-
Seed
announced 2021-04-01
: 3400000 USD
; investors: Blumberg Capital, Chrysalix Venture Capital
; source: StartupHub.ai
; https://www.startuphub.ai/investment_rounds/verai-raises-3-4-million
Company timeline
-
2026-05-25:
Senior geoscientist hire announced
(hr)
. VerAI posted that it welcomed Ajeet J. Milliard as senior geoscientist to the team.. Team size observed: 11-50 employees employees.
Source: LinkedIn.
https://www.linkedin.com/company/verai
-
2025-09-01:
William Slater joined as Senior Geologist
(hr)
. VerAI announced William Slater as Senior Geologist on the Portfolio team.
Source: VerAI Discoveries on LinkedIn.
https://www.linkedin.com/posts/verai_criticalminerals-mineralexploration-geologist-activity-7339290260083810304-AIjf
-
2025-07-16:
Built a broader thought-leadership and credibility campaign
(gtm)
. VerAI published a cluster of 2025 content pieces on AI, critical minerals, and mining exploration, reinforcing its category narrative and expertise.
Source: VerAI Discoveries.
https://ver-ai.com/author/amie-cavarraver-ai-com/
-
2025-06-02:
Sponsored and presented at THE Mining Investment Event
(gtm)
. VerAI sponsored and participated in a major mining investment conference with the CEO, chairman, and VP of portfolio management as panelists.
Source: VerAI Discoveries.
https://ver-ai.com/2025/06/02/verai-discoveries-to-sponsor-and-participate-in-the-mining-investment-event-in-quebec-city
-
2025-02-26:
Closed Series B to accelerate partner-led asset portfolio growth
(gtm)
. VerAI announced a $24 million first closing of its Series B and said the capital would accelerate testing and economic development of its 60+ mineral projects with exploration and development partners.
Source: VerAI Discoveries.
https://ver-ai.com/2025/02/26/verai-discoveries-secures-24-million-in-series-b/
-
2025-02-26:
Series B supports scaling the asset portfolio to 60+ projects
(product)
. VerAI raised a $24 million first close of Series B and said it had a portfolio of over sixty mineral projects and multiple royalties across North and South America.
Source: VerAI Discoveries.
https://ver-ai.com/2025/02/26/verai-discoveries-secures-24-million-in-series-b/
Mariana Minerals
Website: marianaminerals.com
Mariana Minerals is a software-first, vertically integrated mining company developing and operating critical mineral projects, including copper, lithium, and nickel, in the United States.
Category: Tech-Enabled Resource Companies.
Funding stage: Series A.
Founded: 2024.
Country: United States.
Employees: 51-200.
Landscape fit: It fits AI for Critical Minerals & Mining Tech because it applies software, autonomy, and data systems to mining, refining, and project execution for critical minerals.
Funding rounds
-
Series B
announced 2026-08-04
: 310000000 USD
; investors: Khosla Ventures, Andreessen Horowitz (a16z), Breakthrough Energy Ventures, Greenoaks, Halo Fund, Pax Ventures, StepStone Group, BHP Ventures, Washington Harbour Partners, Greycroft, General Innovation Capital Partners, Mitsubishi Corporation, In-Q-Tel (IQT), Earthshot Ventures, additional strategic capital partners
; source: FinSMEs
; https://www.finsmes.com/2026/08/mariana-minerals-raises-310m-in-series-b-funding.html
-
Series A
announced 2025-07-01
: 85000000 USD
; investors: a16z, Breakthrough Energy Ventures, Khosla Ventures, strategic investors across the minerals industry
; source: Mariana Minerals
; https://marianaminerals.com/news/series-a-announcement
Company timeline
-
2026-08-05:
Product snapshot
(product)
. Mariana Minerals is a software-first, vertically integrated minerals company developing and operating critical-mineral projects in the U.S., including lithium, copper, and nickel. Its internal software stack is MarianaOS, with CapitalProjectOS, PlantOS, and MineOS used to run its own operations.
Source: Mariana Minerals.
https://marianaminerals.com
-
2026-08-04:
Mariana Minerals raises $310M Series B
(funding)
. Mariana Minerals raised $310M in Series B financing to expand operations and development efforts.
Source: FinSMEs.
https://www.finsmes.com/2026/08/mariana-minerals-raises-310m-in-series-b-funding.html
-
2026-07-01:
Opened technical and process roles in Houston
(hr)
. Mariana posted a Staff Process Engineer role tied to its Houston pilot plant and a Mechatronics Engineer (Autonomy) role tied to its autonomy stack.
Source: Ashby jobs / Mariana Minerals.
https://jobs.ashbyhq.com/marianaminerals/54b3a115-b569-48ed-a483-f97caf6e7757
-
2026-04-01:
Restarted Copper One mining operations
(product)
. Mariana announced the restart of mining operations at Copper One in southeastern Utah, with autonomous tools across mining, refining, and project execution under a single operating system.
Source: PR Newswire.
https://www.prnewswire.com/news-releases/mariana-minerals-restarts-utah-copper-mine-as-the-worlds-only-autonomous-first-mine-and-refinery-302753491.html
-
2026-04-01:
Partnered with Sandvik on autonomous drilling
(gtm)
. Mariana and Sandvik announced a partnership to deploy autonomous drilling technology across Copper One operations, integrating Sandvik AutoMine Surface Drilling into MarianaOS.
Source: PR Newswire.
https://www.prnewswire.com/news-releases/mariana-minerals-and-sandvik-partner-to-pioneer-fully-autonomous-drill-operations-at-us-copper-mine-302751693.html
-
2026-04-01:
Integrated autonomous drilling at Copper One
(product)
. Mariana and Sandvik announced deployment of Sandvik AutoMine Surface Drilling integrated into MarianaOS for autonomous drilling across Copper One operations.
Source: PR Newswire.
https://www.prnewswire.com/news-releases/mariana-minerals-and-sandvik-partner-to-pioneer-fully-autonomous-drill-operations-at-us-copper-mine-302751693.html
Mantle8
Website: mantle8.com
Mantle8 develops geoscience and multiphysics imaging technology to locate and evaluate naturally occurring subsurface hydrogen reservoirs, with the goal of making natural hydrogen commercially viable.
Category: Tech-Enabled Resource Companies.
Funding stage: Series A.
Founded: 2022.
Country: France.
Employees: 11-50 employees.
Landscape fit: It fits the AI for Critical Minerals & Mining Tech landscape because it is a subsurface exploration company using advanced geoscience, modeling, and imaging to discover underground resources—work that is closely adjacent to mining-tech and mineral/resource exploration workflows.
Funding rounds
-
Series A
announced 2026-05-01
: 31000000 EUR
; investors: Sandwater, Breakthrough Energy Ventures, Ecotechnologies 2 fund (Bpifrance), IP Group, Wind Capital, Calderion
; source: Mantle8
; https://mantle8.com/mantle8-raises-e31m-in-series-a-funding-to-prove-commercial-viability-of-natural-hydrogen-production
-
Grant
announced 2026-03-01
: 2060000 EUR
; source: Mantle8
; https://mantle8.com/category/news
-
Seed
announced 2025-03-01
: 3400000 EUR
; investors: Kiko Ventures, Breakthrough Energy Ventures Europe, Prominent angel investors
; source: Mantle8
; https://mantle8.com/natural-hydrogen-exploration-startup-mantle8-raises-e3-4m-seed-round-to-scale-revolutionary-technology/
Company timeline
-
2026-05-01:
Geologist hire
(hr)
. Mantle8 announced that Giulia Domenighini joined the company as a Geologist.
Source: Mantle8 LinkedIn.
https://www.linkedin.com/company/mantle8
-
2026-05-01:
Geophysicist hire
(hr)
. Mantle8 announced that Mohammad Amin Panah joined the company as a Geophysicist.
Source: Mantle8 LinkedIn.
https://www.linkedin.com/company/mantle8
-
2026-05-01:
Series A
(funding)
. Amount: 31000000 EUR. Investors: Sandwater, Breakthrough Energy Ventures, Ecotechnologies 2 fund (Bpifrance), IP Group, Wind Capital, Calderion
Source: Mantle8.
https://mantle8.com/mantle8-raises-e31m-in-series-a-funding-to-prove-commercial-viability-of-natural-hydrogen-production
-
2026-05-01:
Junior geologist opening posted
(hr)
. Mantle8 published a junior geologist job opening in Grenoble on LinkedIn, with applications visible as open in the past week.. Team size observed: 11-50 employees employees.
Source: LinkedIn job post: Junior Geologist at Mantle8.
https://fr.linkedin.com/jobs/view/g%C3%A9ologue-junior-at-mantle8-4385378711
-
2026-05-01:
Mantle8 formalized a three-part technology stack
(product)
. The company’s technology page defined GeoLogix for prospect generation, HOREX for multiphysics imaging, and APoGeH for quantification.
Source: Mantle8 Technology page.
https://mantle8.com/technology
-
2026-05-01:
Rodolfo Christiansen joined Mantle8
(hr)
. Mantle8 announced that Rodolfo Christiansen joined the team, bringing computational modelling, seismology, and subsurface energy systems expertise.. Team size observed: 11-50 employees employees.
Source: Mantle8 LinkedIn company page.
https://www.linkedin.com/company/mantle8/
