Terra AI raises $20 million Series A to speed up critical mineral and energy exploration with AI
pulse2.comTerra AI, a startup using artificial intelligence to model underground geology, has raised $20 million in Series A funding led by Khosla Ventures, with a strategic investment from BHP Ventures. The company's platform integrates geophysics, geochemistry, and drilling data to generate millions of probabilistic models in minutes. This helps mining and energy companies evaluate subsurface risks faster, reducing the typical 17-year timeline from exploration to production. The technology is also being applied to carbon storage sites to identify safe, permanent storage locations. The funding will be used to scale Terra AI's generative modeling engine and deploy it across mining, enhanced geothermal, and carbon storage projects. The company already works with major resource firms on copper, gold, and rare earth element projects. By cutting exploration time and capital costs, Terra AI aims to help meet growing demand for critical minerals needed for renewable energy technologies and grid decarbonization.
