VerAI Discoveries

About:

VerAI Discoveries accelerates the global zero-carbon transformation by deploying an AI platform that detects concealed mineral deposits.

Website: https://ver-ai.com/

Top Investors: Chrysalix Venture Capital, Blumberg Capital, Orion Resource Partners, T. Rowe Price

Description:

VerAI is committed to accelerating the global zero-carbon transformation by discovering the minerals essential for our sustainable future. We are disrupting Mining and Mineral Exploration by deploying a revolutionary Artificial Intelligence Platform that detects concealed mineral deposits in the vast underexplored covered terrain. With VerAI’s AI-driven approach, which incorporates machine learning searching capabilities in geophysics data, previously concealed mineral deposits can now be detected at a rate of two orders of magnitude more effectively than human-centric techniques. With its deep partner ecosystem, VerAI accelerates the ability to leverage these vital mineral deposits to help lead the green-energy transition into a more sustainable future. VerAI Management, Board of Directors, Advisors, and technical groups fuse unique practices and experiences into an outstanding discovery team. Our team combines sophisticated Defense Intelligence search & find methodologies with the best practices of mineral exploration and novel cutting-edge artificial intelligence solutions.

Total Funding Amount:

$15.4M

Estimated Revenue Range:

$1M to $10M

Headquarters Location:

Needham, Massachusetts, United States

Founded Date:

2020-01-01

Contact Email:

info(AT)ver-ai.com

Founders:

Amitai Axelrod, Yair Frastai

Number of Employees:

11-50

Last Funding Date:

2022-11-01

IPO Status:

Private

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