A Vancouver startup has raised a $16 million Series A for its subsurface imaging technology, which it says will speed up the mining process for critical minerals.
Why it matters: The global energy transition is driving near-insatiable demand for minerals such as lithium and nickel and the mining operations that will be needed to unearth them.
Ideon Technologies is among the growing number of software companies aiming to make those mining activities more efficient and less impactful on the environment.