Tech Company Financing Transactions
GeologicAI Funding Round
GeologicAI secured a $20 million Series A financing round on 6/30/2023. Investors included Breakthrough Energy Ventures.
Transaction Overview
Company Name
Announced On
6/30/2023
Transaction Type
Venture Equity
Amount
$20,000,000
Round
Series A
Investors
Breakthrough Energy Ventures (Lead Investor)
Proceeds Purpose
The company intends to use the funds to further the development and global scaling of its fleet of AI-powered robot geologists, accelerating resource exploration and extraction.
Company Information
Company Status
Private & Independent
Industry
Enterprise IT
Mailing Address
7745 66th Street SouthEast
Calgary, Alberta, T2C 5S9
CA
Calgary, Alberta, T2C 5S9
CA
Phone
Website
Email Address
Overview
GeologicAI is the world's highest resolution core scanning available. Our equipment is the lowest cost, fastest and gives the best results. Put a scanner on your site and see what you can do.
Management Team
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Where The Data Comes From
We do our best to record every notable VC transaction. VC investment data records reported here are derived from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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