VerAI Discoveries
Latest round
- Series B
Last raised
- Feb 2025
Total raised
- $36M
Investors
- 5
About VerAI Discoveries
Based in Massachusetts, US, and founded in 2020 by CEO Yair Frastai, and COO Amitai Axelrod, VerAI Discoveries, Inc. operates as an AI-based mineral asset generator that intends to detect concealed mineral deposits to accelerate the global zero-carbon transformation. In October 2022, VerAI Discoveries, Inc. Rowe Price Associates, and Orion Resource Partners.The company utilizes AI-based mineral asset generator technology to develop targets indicating where valuable minerals exist and then secures partners to further explore, discover, and ultimately extract those materials from the earth. VerAI’s technology incorporates machine learning searching capabilities in seismic, electromagnetic, and gravimetric data, which helps detect mineral deposits efficiently as compared to the human-centric approaches.
Who invested in VerAI Discoveries
5 investors across 2 rounds
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Questions about VerAI Discoveries
Who invested in VerAI Discoveries?
VerAI Discoveries has 5 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has VerAI Discoveries raised?
VerAI Discoveries has raised 2 venture rounds. Sign up free to see how much each round raised and the total.
When did VerAI Discoveries last raise money?
VerAI Discoveries's most recent round on record is a Series B, in Feb 2025.
What does VerAI Discoveries do?
Based in Massachusetts, US, and founded in 2020 by CEO Yair Frastai, and COO Amitai Axelrod, VerAI Discoveries, Inc.
Where is VerAI Discoveries headquartered?
VerAI Discoveries is headquartered in Needham, US.
Which VCs invest in companies like VerAI Discoveries?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back mining companies at VerAI Discoveries's stage. Their profiles are linked below.
VCs backing mining startups at Series B
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