:

LITHOSQUARE RAISES $25M TO ACCELERATE MINERAL DISCOVERY

AI DESK1 MIN READ
SUN, MAY 10, 2026

■ AI-SUMMARIZED FROM 2 SOURCES ▸ TIMELINE

Paris-based Lithosquare secured a $25M seed round led by World Fund and Kindred Capital. The startup uses AI and geological expertise to speed up the discovery of critical minerals and metals.

Lithosquare combines geology AI with geologist-led intelligence to streamline mineral and metal deposit discovery. The funding positions the company to expand its platform as demand for critical minerals surges amid the global energy transition. World Fund and Kindred Capital co-led the investment, signaling investor confidence in AI-driven solutions for resource exploration. The capital infusion comes as supply chains for batteries, semiconductors, and renewable energy infrastructure increasingly depend on reliable access to rare earth elements and other critical minerals. The startup's approach leverages machine learning to analyze geological data, reducing exploration time and costs traditionally associated with mineral discovery. This technology addresses a growing bottleneck in the clean energy transition, where sourcing raw materials remains a significant challenge for manufacturers and governments alike.

■ SOURCES

TechmemeTechmeme

■ SUMMARY WRITTEN BY AI FROM THE LINKS ABOVE

■ MORE FROM THE STARTUPS DESK

Triomics, an AI platform automating data-heavy tasks for oncologists, secured $22M in Series B funding. The raise follows a $15M Series A in 2024.

MAY 29AI Desk

Xcena secured $135 million in Series B funding at a $570 million valuation for its MX1 chip, which handles data orchestration and KV cache management directly within memory modules.

MAY 29AI Desk

Pittsburgh-based Gray Swan, which stress-tests AI models for frontier labs, secured $40M in Series A funding at a $200M valuation. The round was co-led by Wing VC and Madrona.

MAY 29AI Desk

H1, a healthcare SaaS startup, secured $40 million in funding from CVS Health. The investment signals continued investor confidence in specialized software platforms despite AI disruption concerns.

MAY 29Industry Desk

■ SUBSCRIBE TO THE DAILY BRIEF

ONE EMAIL, 5 STORIES, 06:00 UTC. UNSUBSCRIBE ANYTIME.