Terra AI raises $20M to Accelerate Mineral and Reservoir Exploration to Meet Global Critical Mineral and Energy Demands
Summary
Terra AI raised $20 million in a Series A round led by Khosla Ventures, with strategic investment from BHP Ventures. The company builds an AI platform that integrates exploration data to produce geological models and reduce subsurface uncertainty for mining and energy projects. Terra AI says the new capital will help it scale enterprise deployments and expand its generative geological modeling platform across mining, geothermal, and carbon storage use cases. The company already counts commercial customers in copper, gold, rare earth elements, and reservoir projects. The platform also creates a potential fit for vendors serving industrial AI, data integration, and resource development workflows.
Funding
Amount
$20.0M
Total raised
Date
June 3, 2026
Announcement date
Investors
BHP, Kholsa Ventures
Lead investors
Company
terraai.com
Funded company
Classifications
industries
No industries detected
applications
Web and Content Management
AskAI Classifications
Labels
AI/ML Software
Geoscience Software
SaaS
Linked Companies
Terra AI
up to $1M