# Terra AI

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

- Industry: Software
- Headquarters: Palo Alto, US
- Website: www.terraai.com
- Total disclosed funding: $22M
- Latest round: Series A (Jun 3, 2026)
- Investors on record: 6

## About

Based in the US, Terra AI develops advanced artificial intelligence solutions to enhance subsurface resource exploration, focusing on mining and reservoirs, thereby optimizing decision-making in resource development. Terra AI, founded in 2023 in Palo Alto, US, by John Mern and Anthony Corso, specializes in AI-driven solutions for resource exploration. The company raised USD 20.00 mn in Series A funding on June 3, 2026, led by Khosla Ventures, with participation from BHP Ventures and Rio Tinto. The firm is focused on advancing its platform through these funding efforts.
 Terra AI provides an advanced platform powered by patented artificial intelligence technologies to improve the exploration and development of subsurface resources, particularly in mining and reservoir sectors. Its solutions focus on identifying mineral deposits, quantifying uncertainties, and optimizing drilling strategies to address key challenges in resource exploration. The platform supports data-driven decision-making by helping users assess subsurface targets, determine optimal drilling locations, and prioritize areas based on projected economic value. Its primary customers include mining companies and organizations involved in geothermal energy and carbon storage, mainly across North America, Europe, and Australia.
The revenue structure of Terra AI is based on a B2B model where clients engage with the company for its AI-driven services through subscription agreements and project-based contracts. These transactions typically involve clients subscribing to Terra AI’s platform to access its advanced analytics tools for resource exploration. The pricing model is structured around service tiers that offer varying levels of access to the platform's capabilities, allowing clients to tailor their engagement based on individual project needs and scales. Signature services such as uncertainty quantification and resource characterization play a crucial role in the value proposition, enabling mining and energy companies to optimize their exploration efforts.
Copilot said: In June 2026, Terra AI secured USD 20.00 million in Series A funding to further develop its AI-powered mineral exploration platform, strengthen collaborations with mining companies, and support deployment across active projects. The company also intends to introduce enhanced platform features by late 2026 to improve its analytics capabilities. Additionally, Terra AI plans to expand its operations into new regions, including Asia and South America, by the end of 2027.

## Funding rounds

- Series A, Jun 3, 2026, $19M — Khosla Ventures, BHP Ventures, Rio Tinto
- Seed, Dec 31, 2023, $3.4M — Khosla Ventures, Plug and Play, Climate Capital, StoryHouse Ventures, Rio Tinto

## Investors

- Khosla Ventures (https://capitalatlas.ai/funds/khosla-ventures) — Seed, Series A
- Plug and Play (https://capitalatlas.ai/funds/plug-and-play) — Seed
- Climate Capital (https://capitalatlas.ai/funds/climate-capital) — Seed
- StoryHouse Ventures (https://capitalatlas.ai/funds/storyhouse-ventures) — Seed
- Rio Tinto — Seed, Series A
- BHP Ventures (https://capitalatlas.ai/funds/bhp-ventures) — Series A