Funding Details
- Awarder
- YCombinator
- Date Award
- August 21, 2020
- Vertical
- Industrials,Climate
- Funding URL
- View Funding Page
- Valuation
-
$0
Company Info
- Founding Year
- 2020
- Company Description
- 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.
- Market
- Industrials
- Location
-
Toronto,
ON,
Canada
- Coinvestors
- YCombinator
Links