VRIFY, a Vancouver, BC, Canada-based know-how firm combining AI with {industry} experience for minerals exploration, raised $12.5M in Collection B funding.
The spherical was led by LGVP, with participation from Collection A funders RCF Innovation and Beedie Capital.
The corporate intends to make use of the funds to speed up industry-wide adoption of its platform.
Led by CEO and Founder Steve de Jong, VRIFY improves mineral exploration utilizing DORA, an AI-assisted mineral discovery platform that helps mining corporations extra successfully predict mineral deposits, assess exploration potential, talk undertaking worth to traders, and safe funding. The corporate companions with almost 200 corporations throughout 70 nations, together with 26 early-adopter purchasers. It has a staff of over 100 geoscientists, information scientists, builders, and {industry} professionals.
FinSMEs
28/02/2025
