Tech Company Financing Transactions
VRIFY Funding Round
VRIFY, based in Vancouver, BC, received $12.5 million in funding from LGVP, Beedie Capital Partners and RCF Innovation.
Transaction Overview
Company Name
Announced On
2/28/2025
Transaction Type
Venture Equity
Amount
$12,500,000
Round
Series B
Investors
Proceeds Purpose
The company intends to use the funds to accelerate industry-wide adoption of its platform.
Company Information
Company Status
Private & Independent
Industry
Alternative Energy
Mailing Address
400 Burrard Street 1050
Vancouver, BC, V6C 3A6
Canada
Vancouver, BC, V6C 3A6
Canada
Phone
Website
Email Address
Overview
Our AI-Assisted Mineral Discovery Platform utilizes advanced algorithms to identify complex correlations across vast datasets, allowing your team to leverage the data you already have, more quickly formulating insights that can lead to discovery while reducing bias and human error. By reinterpreting this existing data alongside our industry-leading database, we help mineral exploration companies like yours discover areas of high potential mineralization, maximizing asset value without extensive new data collection or on-the-ground exploration. This leading-edge technology is backed by geoscientists, AI engineers, and our leadership team -- all of which have proven industry experience and established relationships.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Steve de Jong
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Where The Data Comes From
We do our best to report on funding rounds that are announced publicly. VC investment data records reported here are sourced from publicly available VC deal announcements. The information is sourced from VentureDeal.com, an affiliated venture.
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