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VerAI
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Developer of AI platform that detects concealed mineral deposits in under explored terrain

Founded in 2020
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Company type Private Public ()
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Industry Group resources & environmental management

Sector natural resources

TRL Range 9
TRL 1 Basic research
TRL 2 Technology formulation
TRL 3 Applied research
TRL 4 Small scale prototype
TRL 5 Large scale prototype
TRL 6 Prototype system
TRL 7 Demonstration system
TRL 8 First of a kind commercial system
TRL 9 Full commercial application
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Headquarters Boston, MA Boston, United States
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Updated by Sunena Gupta at on 03/07/2025

Edited by Cleantech Group on 04/02/2025

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Date Investors Type Amount
02/27/2025 Insight Partners Insight Partners , Blumberg Capital Blumberg Capital , Chrysalix Venture Capital Chrysalix Venture Capital , Orion Industrial Ventures Orion Industrial Ventures (4)
Post-money valuation of
The company intends to use the funds to accelerate the testing and economic development of its 60+ mineral projects with its exploration and development partners, while expanding its portfolio and continuing to refine and advance its platform.
Series B $24,000,000
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