ADDING MULTIMEDIA Ideon Technologies Raises US$16M Series A to Accelerate Supernova-Charged Subsurface Imaging Solution for Critical Mineral Discovery

Funding Rounds

Summary

The investment will expand Ideons production capacity and accelerate the commercialization of its Discovery Platform, which is helping to transform the critical minerals supply chain feeding the clean energy transition.This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220913005464/en/Ideon leverages the natural energy generated by supernova explosions in space in the form of subatomic particles called cosmic-ray muons to provide x-ray-like visibility up to 1 km (0.6 miles) beneath the Earths surface. The Discovery Platform integrates proprietary muon detectors, imaging systems, inversion technologies, and artificial intelligence to deliver exceptional locational accuracy with higher spatial resolution than any other existing technique. "Our company mission is to help accelerate the worlds transition to low-impact mining, which were achieving by delivering an unprecedented level of geological certainty in an exploration market that has traditionally been dominated by uncertainty," says Gary Agnew, Co-Founder and CEO at Ideon. Ideon has developed a discovery platform that integrates proprietary detectors, imaging systems, inversion technologies, and artificial intelligence techniques to provide x-ray-like visibility up to 1 km beneath the Earths surface.

$ Funding

$
Amount $16.2M Total raised
Date September 13, 2022 Announcement date
Investors - Lead investors
Company https://ideon.ai/ Funded company

Classifications

industries
No industries detected
applications
AI & Machine learning

AskAI Classifications

Labels
No AI classifications detected

Linked Companies