StratumAI
AI that tells mining companies where to mine to maximize profits
Toronto, Canada · Founded 2019
- Headquarters
- Toronto
- Employees
- 1–10
- Founded
- 2019
- Website
- stratum.gs
- Last Round
- SeedAug 2020
- Rounds
- 1
About
The mining industry drills narrow holes in the ground called drillholes to identify how much gold is in a ground at any spot. These holes are expensive so the industry uses statistical interpolation to predict what's in between these holes. Stratum replaces these traditional methods by utilizing deep learning to better predict both where to best drill and how much gold is in between these holes. This technology is not limited to gold and has been demonstrated to work on other metals, including base metals like copper. Based on Stratum's current pilots, our technology is projected to create ~10M in annual value for the average mine.
Summary
StratumAI is an Artificial Intelligence company based in Toronto, Canada, founded in 2019. Its most recent funding was a Seed round in Aug 2020. Investors include Y Combinator.
Tech & App Stack
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Funding History
Aug 2020
Investors
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