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Stratum AI

Stratum AI

Stratum AI is a company in the mining industry

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Contents

stratum.ai
Is a
Company
Company
Organization
Organization

Company attributes

Industry
Mining
Mining
Mining, Quarrying, and Oil and Gas Extraction
Mining, Quarrying, and Oil and Gas Extraction
Location
Toronto
Toronto
Canada
Canada
0
Toronto, Ontario, Canada
Toronto, Ontario, Canada
Ontario
Ontario
0
B2X
B2B
B2B
Founder
Daniel Mogilny
Daniel Mogilny
Farzi Yusufali
Farzi Yusufali
Pitchbook URL
pitchbook.com/profiles...454523-86
Accelerator
Y Combinator
Y Combinator
Accelerator Batch
Y Combinator W20 Batch
Y Combinator W20 Batch
Number of Employees (Ranges)
11 – 500
Email Address
founders@stratum.ai
Full Address
Toronto, Ontario, CA0
Investors
Y Combinator
Y Combinator
Soma Capital
Soma Capital
Creative Destruction Lab
Creative Destruction Lab
Founded Date
2018
0
Total Funding Amount (USD)
125,000
Latest Funding Round Date
2020
Also Known As
StratumAI
Latest Funding Type
Seed
Seed

Other attributes

Company Operating Status
Active
Y Combinator URL
ycombinator.com/compani...tratumai

Stratum AI is a company which looks to identify how much gold may be in the ground at any given spot by drilling holes in the ground. The company was founded by Daniel Mogilny, and Farzi Yusufali, in 2018, in Toronto, Ontario, Canada.

The company looks to evade the high costs that are generally involved with drilling multiple holes in the ground by utilizing deep learning in order to predict where gold may be mined, along with various other metals. Stratum AI's process includes collecting drill hole data, which is sourced by physically drilling down to 100 meters into the ground, analyzing the core samples that are taken at multiple depths from each rod and sent to an offsite chemical lab, and then collecting blast-hole and milling data to understand density data.

Their resource models are updated in real-time to reflect new data. These techniques allow Stratum AI to send less waste to the mill, to avoid excavating low grade blocks, and increases their chance of recovering minerals of value at the mill. The company's mission is to create the world's most intelligent mines using artificial intelligence.

Timeline

No Timeline data yet.

Funding Rounds

Products

Acquisitions

SBIR/STTR Awards

Patents

Further Resources

Title
Author
Link
Type
Date

Stratum AI

https://www.stratum.ai

Web

StratumAI - Crunchbase Company Profile & Funding

https://www.crunchbase.com/organization/stratumai

Web

References

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