Terra AI, which develops AI models for mining companies to better map underground resources, raised a $20M Series A led by Khosla Ventures (Katie Fehrenbacher/Axios)
Terra AI raised $20M to build mining-focused AI models for mapping underground resources, signaling investor demand for vertical industrial AI.
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<a href="https://www.axios.com/pro/climate-deals/2026/06/03/terra-ai-khosla-bhp-series-a"><img align="RIGHT" border="0" hspace="4" src="http://www.techmeme.com/260603/i45.jpg" vspace="4" /></a>
<p><a href="https://www.techmeme.com/260603/p45#a260603p45" title="Techmeme permalink"><img height="12" src="http://www.techmeme.com/img/pml.png" style="border: none; padding: 0; margin: 0;" width="11" /></a> Katie Fehrenbacher / <a href="https://www.axios.com/">Axios</a>:<br />
<span style="font-size: 1.3em;"><b><a href="https://www.axios.com/pro/climate-deals/2026/06/03/terra-ai-khosla-bhp-series-a">Terra AI, which develops AI models for mining companies to better map underground resources, raised a $20M Series A led by Khosla Ventures</a></b></span> — Mining AI startup Terra AI closed a $20 million Series A led by Khosla Ventures and including the VC arm of mining giant BHP, CEO John Mern tells Axios Pro.</p>
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