Needham Massachusetts based VerAI Discoveries is raising $12,000,000.00 in New Equity Investment.
Needham, MA – According to filings with the U.S. Securities and Exchange Commission, VerAI Discoveries is raising $12,000,000.00 in new funding. Sources indicate as part of senior management Chief Executive Officer, Yair Frastai played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.
About VerAI Discoveries
VerAI is committed to accelerating the global zero-carbon transformation by discovering the minerals essential for our sustainable future. We are disrupting the Mineral Exploration Industry by deploying a revolutionary Artificial Intelligence Platform that detects concealed mineral deposits in the underexplored blue-ocean of covered terrain. VerAIs systematic methodology increases the probability of success in discovering economic deposits by two orders of magnitude, shortening the targeting time from years to months and reducing the targeting costs by over 90%.
To learn more about VerAI Discoveries, visit http://ver-ai.com/
Contact:
Yair Frastai, Chief Executive Officer
617-943-3442
https://www.linkedin.com/in/yair-frastai-b7a92b7b/
SOURCE: http://www.intelligence360.io
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