Earth AI

The American company Earth AI was founded in 2016 by Roman Teslyuk, a native of Ukraine. She is engaged in the search for promising mineral deposits using artificial intelligence. The startup is developing an autonomous mobile drilling rig, which, according to the developers, allows "to minimize the cost of exploratory drilling." The company conducts vertical field work at all stages of mineral exploration, from geological mapping to geophysical research, with the help of drones and exploration drilling.

Initially, the company was able to effectively detect metal deposits using machine learning. Subsequently, Earth AI implemented drilling processes using specialized in-house equipment that ensures rapid movement to the site, does not require earthworks and reduces the environmental impact of metal exploration to almost zero.

The startup technology is based on the analysis of large data, which are obtained using remote sensing, radiometry, geophysical and geochemical indicators. This information is specially created system based on neural networks studies and compares with possible industrial deposits of metals - from gold, copper and lead to rare elements.

History

2021: Raising $5.5 million

In early August 2021, it became known about the investment of $5.5 million in Earth AI. Gagarin Capital, founded by Russians, invested in the startup. In addition, 50 Years, DCVC, Metaplanet, Cantos Ventures, Promus Ventures, Duro Ventures, Cruise co-founder Kyle Vogt and former BHP commercial director Arnud Balhuizen (Ar.

Gagarin Capital, founded by Russians, invested in Earth AI

About where the raised funds will go, and what assessment the startup received following the results of the transaction is not reported.^[1]

2019: Raising $2.5 million

In August 2019, Gagarin Capital and Y Combinator invested about $2.5 million in the Earth AI project.

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