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Startup Ideon Technologies, fresh off a $16 million Series A round led by Playground Global that closed last week, has a pretty far-out way to simplify the search for critical minerals. You could say it’s way out there. Like outer space out there.

Ideon Technologies announced it closed a US$16M Series A funding round, led by Playground Global. The investment will expand Ideon’s program of measuring cosmic rays deep below-ground to help find metals.

Richmond, British Columbia (BC)-based mining tech startup Ideon Technologies has raised $21 million CAD ($16 million USD) in Series A financing to help address the world’s looming critical mineral supply shortage.

Ideon Technologies, a B.C. startup that developed a way to X-ray ore bodies for mining, has landed US$16 million ($21 million Canadian) in Series A funding led by San Francisco venture capital firm Playground Global.

Vancouver start-up has raised $16 million Series A for its subsurface imaging technology, which it says will speed up the mining process for critical minerals.

This subscription-only financial and business news website conducted a review of Ideon’s Series A pitch deck.

Ideon Technologies, a Richmond-based company that specializes in high-resolution underground imaging for the mining industry, has closed a USD $16 million Series A funding round, led by Playground Global.

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The secrets of an island in Nova Scotia may be uncovered with the help of a B.C. company. For more than 200 years, Oak Island has attracted treasure hunters due to rumours of artifacts and gold buried on the island. Ideon Technologies uses the energy from supernova explosions in space to help provide x-ray imaging beneath the surface of the Earth.

Ideon: How Cosmic-Ray Muon Tomography is Transforming Subsurface Discovery

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