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About
Mining companies traditionally estimate what lies between drill holes with geostatistical interpolation. Stratum AI trains deep learning models on drill-core and production data instead, producing ore-body, reserve and geometallurgical models that let miners drill less and target better. The approach is commodity-agnostic, with copper and gold as the first markets. The company is headquartered in Toronto with teams across North America, Latin America and Australia.
Backers
Y Combinator and Two Small Fish Ventures, both listing the company in their own directories; round sizes are not confirmed
Quick answers
What does Stratum AI do?
It applies deep learning to drill-core and production data to model mineral distribution between drill holes, giving miners more accurate ore-body and reserve models than standard geostatistical methods.
Who founded Stratum AI?
Farzi Yusufali and Daniel Mogilny, in April 2020. Yusufali is CEO and a board member; Mogilny is now a board advisor.
Who backs Stratum AI?
Y Combinator, which lists it in its company directory, and Two Small Fish Ventures, which lists it in its portfolio.