GeologicAI Raises $44M Series B
We are very honored to announce our newest funding round to accelerate AI-driven discovery and development of critical minerals globally.
The round was led by Blue Earth Capital, with participation from BHP and Rio Tinto - the world’s largest mining companies - as well as continued support from Breakthrough Energy Ventures and our other investors.
At GeologicAI, we know the importance of the critical minerals required to power the future of energy, computing, AI and more. We understand the growing challenges faced by leaders in the mining industry to supply these resources more predictably, efficiently, and responsibly. We are committed to ensuring that every mining leader is able to make the most consequential decisions quickly, with confidence, and based on analysis they can trust. This funding will help expand our global reach and accelerate our innovation.
Scaling High-Resolution Decision Engineering Across the Globe
Our solution combines cutting-edge sensors, advanced AI, and deep geoscience expertise to intensively scan drill core onsite, and to analyze, interpret, and visualize this enhanced data in real time. The result? A new standard in high-resolution data and decision-making .
With this new investment, we will:
Expand to more mining jurisdictions across five continents
Advance our proprietary AI tools and hardware
Deliver even greater value to our strategic customers and partners
A Shared Vision for Smarter, Cleaner Mineral Supply Chains
As Kayode Akinola, Head of Private Equity at Blue Earth Capital, shared:
“A significant increase in the supply of critical minerals is essential for the energy transition and specifically electrification, and we believe GeologicAI is at the forefront of providing solutions to improve the recovery process while reducing the environmental footprint.”
We are also deeply proud to have BHP and Rio Tinto join this round not just as investors, but as customers and collaborators. Their commitment underscores an urgent and shared industry need: to unlock new mineral supply while increasing efficiency and reducing waste through smarter decision-making.
“GeologicAI is addressing one of the mining’s sector’s most pressing challenges,” said Laurel Buckner, Vice President, Ventures at BHP. “Their game-changing technology is disrupting traditional, time – and cost – intensive workflows with AI-powered analytics and modelling solutions. This technology has the power to reshape how we discover, evaluate and source ore bodies.” Pekka Santasalo, Head of Growth & Ventures at Rio Tinto agrees: “Their high-resolution approach and real-time data capabilities have the potential to transform how we think about project development timelines and risk.”
As our CEO, Grant Sanden, put it:
“We are proud of the impact we have already had with our clients from exploration to production mining and we are honored by the support of such visionary investors and industry leaders as we continue to accelerate our mission and scale globally.”
A More Resilient, Intelligent Mineral Future
Today’s supply of critical minerals—like lithium, copper, and rare earth elements—is concentrated in a few regions, exposing the world to geopolitical risk and supply chain disruption. That’s why this mission matters.
As Carmichael Roberts of Breakthrough Energy Ventures explains:
“GeologicAI’s AI-driven process is accelerating the discovery and development of new deposits, strengthening the mineral pipeline that’s essential for electrification.”
We’re proud to be part of a movement that brings deep technology, clean energy goals, and industrial know-how together to solve one of the defining challenges of our time.
To all our partners, investors, team members, and customers: thank you for being part of this journey. The future is full of opportunity—and we’re just getting started.
For more…
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