# GeologicAI

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/geologicai

- Industry: Software
- Headquarters: Calgary, Canada
- Website: www.geologicai.com
- Total disclosed funding: $64M
- Latest round: Series B (Jul 17, 2025)
- Investors on record: 4

## About

Based in Alberta, Canada, and founded in 2013, GeologicAI develops a mining core scanner that provides analytic mineral identification. As of 2023, the company is headed by its CEO Grant Sanden. In July 2025, GeologicAI Inc raised USD 44 million in series B funding led by new investor Blue Earth Capital, with participation from other new investors BHP Ventures and Rio Tinto. Returning investor Breakthrough Energy Ventures also participated in the round. The company offers AI robots and software which analyze samples placed in the scanner and streamline the core logging process for geologists by identifying vital information. The firm service range includes core scanning, laser profiling, photographic scan, hyperspectral scan, XRF Scan, and artificial intelligence.

## Funding rounds

- Series B, Jul 17, 2025, $44M — Rio Tinto Group, Breakthrough Energy Ventures, Blue Earth Capital, BHP Ventures
- Series A, Jun 29, 2023, $20M — Breakthrough Energy Ventures

## Investors

- Breakthrough Energy Ventures (https://capitalatlas.ai/funds/breakthrough-energy-ventures) — Series A, Series B
- Rio Tinto Group — Series B
- Blue Earth Capital (https://capitalatlas.ai/funds/blue-earth-capital) — Series B
- BHP Ventures (https://capitalatlas.ai/funds/bhp-ventures) — Series B