Calgary-based GeologicAI has acquired Lumo Analytics, adding Laser-Induced Breakdown Spectroscopy (LIBS) technology to its growing suite of tools for the critical minerals industry. The deal brings Lumo’s compact, field-tested LIBS scanner into GeologicAI’s platform, allowing mining companies to rapidly analyze rare-earth and light elements directly at the source. LIBS uses high-energy laser pulses to generate […]
GeologicAI
GeologicAI Technology to Power Critical Mineral Discovery at Arizona Copper Site
In July, Calgary.tech reported that local upstart GeologicAI secured $60 million in Series B funding in a round led by Blue Earth Capital to scale its AI-powered mineral exploration platform globally. GeologicAI’s platform uses high-resolution sensors and advanced machine learning to scan and analyze drill core in real time. By delivering faster, more accurate geological […]
GeologicAI Secures $60M to Scale AI-Powered Mineral Exploration Globally
Calgary-based GeologicAI has raised $60 million in Series B funding to scale its AI-powered mineral exploration platform globally, positioning itself at the forefront of sustainable critical mineral development. The round was led by Blue Earth Capital, with participation from mining giants BHP Ventures and Rio Tinto, as well as existing investor Breakthrough Energy—founded by Bill […]
Seasoned Calgary Innovator Joins CDL Minerals Program as Ecosystem Partner
A Calgary-based provider of technology to the global critical minerals industry has joined Creative Destruction Labs Minerals program as a partner. Alberta-based GeologicAI made the announcement at CDL Super Session 2025. Critical minerals companies utilize GeologicAI’s technology stack to better decisions faster via the company’s AI-powered system, which uses a network of sensors to capture […]
GeologicAI Unveils Strategic Acquisition of RMS to Strengthen Position, Enhance Tech
In September, Calgary’s GeologicAI added $10 million in funding from Export Development Canada to a $20 million Series A financing round announced in June 2023 led by Bill Gates’ Breakthrough Energy Ventures. The global leader in digital rock analysis combines hardware, software, and machine learning into an integrated digital rock analytics platform—reducing a costly and intensive […]
Freshly Funded GeologicAI Looks to Scale Team, Tech in Canada and Beyond
In September, Calgary’s GeologicAI added $10 million in funding from Export Development Canada to a $20 million Series A financing round announced in June 2023 led by Bill Gates’ Breakthrough Energy Ventures. The global leader in digital rock analysis combines hardware, software, and machine learning into an integrated digital rock analytics platform. A proprietary core-scanning robot […]
GeologicAI Secures Additional $10 Million Funding for Global Deployment of AI-Powered Robot Geologists
Calgary’s GeologicAI has added $10 million in funding from Export Development Canada to the $20 million Series A financing round announced in June 2023 led by Bill Gates’ Breakthrough Energy Ventures. This now USD $30 million investment will accelerate global deployment of GeologicAI’s fleet of AI-powered robot geologists to support the exploration and extraction of the critical […]
GeologicAI Raises $20 Million Round Led by Bill Gates’ Breakthrough Energy Ventures
Calgary’s GeologicAI has raised a $20 million Series A funding investment from Breakthrough Energy Ventures (BEV). GeologicAI is a global leader in rock and resource digitization services and the new funds will be used to further the development and global scaling of their fleet of AI-powered robot geologists. GeologicAI’s proprietary core scanning robot uses a […]