Lithosquare, a Paris-based startup developing AI tools to speed up the discovery and identification of critical metals deposits, has raised a $25 million seed round.
The equity financing was co-led by World Fund and Kindred Capital, with participation from Daphni, Omnes Capital and OVNI Capital.
The company is building an AI-powered geology platform aimed at reducing the time and manual work involved in mineral exploration, a process that can still take more than a decade. Lithosquare says its technology can help geologists identify deposits significantly faster while reducing unnecessary ground intrusion.
The raise comes as demand for critical minerals is expected to climb sharply alongside electrification and digital infrastructure buildout. Lithosquare plans to use the new funding to double its team to 40 people in the coming months and open a North America office to support commercialisation.
The equity financing was co-led by World Fund and Kindred Capital, with participation from Daphni, Omnes Capital and OVNI Capital.
The company is building an AI-powered geology platform aimed at reducing the time and manual work involved in mineral exploration, a process that can still take more than a decade. Lithosquare says its technology can help geologists identify deposits significantly faster while reducing unnecessary ground intrusion.
The raise comes as demand for critical minerals is expected to climb sharply alongside electrification and digital infrastructure buildout. Lithosquare plans to use the new funding to double its team to 40 people in the coming months and open a North America office to support commercialisation.