VerAI Discoveries Secures $24 Million in Series B Funding for AI Mineral Discovery

US-based VerAI Discoveries has secured $24 million in a Series B funding round led by Insight Partners. This funding is aimed at accelerating the testing and economic development of over 60 mineral projects across North America and South America. The investment, supported by existing investors such as Blumberg Capital, Chrysalix Venture Capital, and Orion Industrial Ventures, will enable VerAI to refine its AI-driven discovery platform which identifies concealed deposits of critical minerals, essential for global economic growth and energy independence.

VerAI Discoveries, Inc. · February 26, 2025