Earth AI, a pioneering mineral exploration company, is revolutionizing the mining industry by utilizing artificial intelligence to rapidly identify and develop critical metal deposits essential for the clean energy transition. With a recent $20 million Series B funding round, the company aims to expand its operations and meet the growing global demand for sustainable energy resources.
As the global shift towards clean energy intensifies, the demand for critical metals such as lithium, cobalt, nickel, and rare earth elements has surged. These metals are indispensable components in technologies like electric vehicles, solar panels, and wind turbines. Traditional methods of mineral exploration, however, are often time-consuming, costly, and environmentally intrusive. Addressing these challenges, Earth AI has emerged as a transformative force in the industry, employing artificial intelligence to streamline and enhance the discovery process.
Revolutionizing Mineral Exploration with AI
Founded in 2017, Earth AI has developed a proprietary AI-powered Mineral Targeting Platform (MTP) capable of rapidly identifying mineral resources in previously unexplored regions. By analyzing extensive geological datasets—encompassing over 400 million data points—the platform can predict areas with high mineralization potential with remarkable accuracy. This approach has led to a discovery success rate of 75%, a significant leap from the industry average of 0.5%. Moreover, the company’s methods have reduced exploration costs by up to 80%, making the process more economically viable.
The MTP integrates various data sources, including satellite remote sensing, geological surveys, and geochemical analyses, to generate precise predictions about mineral deposits. Once potential sites are identified, Earth AI employs its mobile low disturbance (MLD) drilling technology to validate these findings. This modular drilling system is designed for efficiency and minimal environmental impact, allowing operations in remote and sensitive areas without significant ecological disruption.
Strategic Partnerships and Funding
In January 2025, Earth AI announced the successful closure of a $20 million Series B funding round. Led by Tamarack Global and Cantos Ventures, with participation from Overmatch, Alpaca, Sparkwave Capital, and existing investors like Y Combinator and Scrum Ventures, the oversubscribed round underscores strong investor confidence in Earth AI’s innovative approach. The capital infusion is earmarked for advancing AI and drilling technologies, accelerating project development, and expanding the company’s project pipeline to over 50 sites. Additionally, Earth AI plans to increase its drilling capacity to 100,000 meters, targeting a cost-efficient rate of approximately $100 per meter.
Jamie Lee, Managing Partner at Tamarack Global, expressed enthusiasm about the investment, stating, “Earth AI fits squarely within this target and has already proven industry-leading success rates using their AI engine, the Mineral Targeting Platform, which we believe to be the best-trained model amongst any other players in the space.”
Recent Discoveries and Industry Impact
Earth AI’s innovative methodologies have already yielded significant discoveries. In November 2024, in partnership with Legacy Minerals, the company identified one of Australia’s largest greenfield palladium mineral systems. The following month, Earth AI discovered a new gold system in Willow Glen, New South Wales. These findings not only highlight the effectiveness of AI-driven exploration but also contribute to diversifying and securing the supply chain for critical minerals essential to the clean energy economy.
The global demand for these minerals is projected to reach $10 trillion by 2050, necessitating a substantial increase in production. Earth AI’s approach addresses this pressing need by making mineral exploration more efficient, cost-effective, and environmentally friendly. By reducing the time and resources required for discovery, the company is poised to play a pivotal role in meeting the material demands of a sustainable energy future.
A Sustainable Path Forward
Beyond technological advancements, Earth AI is committed to responsible and sustainable practices. The company’s MLD drilling technology is designed to minimize environmental impact, featuring onboard mud filtration systems that reduce water usage and prevent soil contamination. This commitment ensures that the pursuit of essential minerals does not come at the expense of ecological integrity.
As the world accelerates towards a net-zero future, the efficient and responsible sourcing of critical minerals becomes increasingly vital. Earth AI’s fusion of artificial intelligence and innovative drilling solutions positions the company at the forefront of this endeavor, offering a scalable model for the mining industry and contributing significantly to the global clean energy transition.