VRIFY

Vancouver-based VRIFY has raised $12.5 million in Series B funding to accelerate the growth of DORA, its AI-assisted mineral discovery platform. The round, led by New York’s LGVP, with backing from RCF Innovation and Beedie Capital, brings total funding to over $30 million.

DORA, set to debut at PDAC 2025 in Toronto, uses deep-learning models to improve mineral exploration efficiency. Since beta testing, 26 companies have partnered with VRIFY, including Southern Cross Gold, where DORA helped identify a high-grade gold deposit. The funding will expand DORA’s AI capabilities and market reach.

Want to know more? Check out the source code on Techcouver.

Vancouver-based VRIFY has raised $12.5 million in Series B funding to advance its AI-Assisted Mineral Discovery Platform, DORA. The round, led by New York’s LGVP, with support from RCF Innovation and Beedie Capital, brings VRIFY’s total funding to over $30 million. DORA, set to debut at PDAC 2025 in Toronto, uses deep-learning models to accelerate mineral exploration.

Since beta testing, 26 companies have used the platform, including Southern Cross Gold, where it helped identify a high-grade gold deposit. The funding will further enhance DORA’s AI capabilities, marking a shift toward technology-driven mineral discoveries.

Want to know more? Check out the source code on Techcouver.