Last deal

$15.9M
Local Amount - CAD 21.M

Amount

Series A

Stage

13.09.2022

Date

5

all rounds

$18.4M

Total amount

General

About Company
Ideon Technologies provides a subsurface discovery platform for visualization of beneath the Earth's surface.

Industry

Sector :

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Also Known As

Ideon

founded date

01.01.2013

Number of employees

Company Type

For Profit

Last funding type

Series A

IPO status

Private

Description

The company's platform integrates proprietary detectors, imaging systems, inversion technologies, and artificial intelligence techniques to identify and image anomalies such as mineral and metal deposits, air voids, caves and other structures. The data is transformed into reliable geophysical surveys and three-dimensional density maps, which helps exploration geologists identify new mineral and metal deposits with precision and confidence. Ideon reduces cost and risk, saves time, and minimizes environmental impact by enabling geologists to drill less and discover more. The company is also expanding the application of muon tomography to use-cases in oil and gas, critical infrastructure, and national security.
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