Calgary-based GeologicAI has secured $20 million in Series A funding from Breakthrough Energy Ventures (BEV) to advance its AI-powered robot geologists.
GeologicAI is a global leader in rock and resource digitization services, utilizing its core scanning robot with high-resolution imaging, XRF, and hyperspectral data analysis. Their AI and machine vision capabilities enable faster and more accurate identification of underground resources, surpassing traditional methods.
GeologicAI’s digital rock viewing and analysis software provides geologists worldwide with instant access to AI-enhanced digital rock twins.
This investment recognizes the importance of key minerals for the transition to a low-carbon economy and supports GeologicAI’s innovative approach to resource analysis.