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Lithosquare develops an AI-powered platform that analyzes geological and geophysical data to identify and prioritize targets for copper and other critical minerals. The platform combines data science with geological expertise to generate targets, map areas, and support predictive modeling that speeds up drilling decisions. Unlike many firms, Lithosquare pursues joint ventures with exploration partners, co-funding campaigns and earning equity and royalties based on success. Its goal is to shorten the path from discovery to production for clean-energy metals by reducing time, cost, and exploration risk.
Industries
Data & Analytics
Industrial & Manufacturing
Energy
AI & Machine Learning
Company Size
11-50
Company Stage
Seed
Total Funding
$24.2M
Headquarters
Paris, France
Founded
2024
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Total Funding
$24.2M
Above
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Funded Over
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Eramet, Lithosquare, and BRGM combine their expertise and leverage AI to accelerate the discovery of critical metals. PDF - 206.87 KB Eramet, the French mining and metallurgical group specializing in the extraction and processing of strategic metals, Lithosquare, the Paris-based technology company pioneering augmented mineral exploration through artificial intelligence, and the Bureau of Geological and Mining Research (BRGM), the French national geological service, announce the signing of a framework partnership agreement. Together, the three partners aim to create a unique model in Europe combining scientific excellence, artificial intelligence, and mineral exploration and mining expertise to accelerate the identification of new critical metal resources. Faced with the increasing global demand for critical metals, and in a context where world-class deposits are becoming increasingly rare, the Eramet group is relying on technological innovation, scientific excellence, and cooperation within the French mining ecosystem to identify new high-potential deposits. Through this partnership framework agreement, Eramet, Lithosquare, and BRGM plan to combine their recent and historical geological data, the predictive capabilities of artificial intelligence, and the field expertise of their teams of geologists. Specifically, the partnership aims to organize cooperation as follows: * Eramet will oversee the operational management of exploration programs, evaluate opportunities, and develop projects in line with its growth strategy; * BRGM will contribute its renowned geoscience expertise and its repository of geological data; * Lithosquare will deploy its proprietary geological artificial intelligence technology as well as its specialized teams for the analysis and modeling of exploration data. This partnership follows an initial exploration program, during which Eramet and Lithosquare confirmed the effectiveness of the approach and their cooperation. The partnership will initially be deployed in various areas with significant mineral exploration potential in Africa. Insights gained from this first phase may subsequently lead to the progressive expansion of the initiative to other continents. This partnership fully illustrates its ability to innovate by combining the scientific, technological, and industrial excellence of the French mining ecosystem. It confirms the know how and expertise of Eramet's teams - those who have been able to identify world-class deposits that today form the foundation of its growth and future. By accelerating the discovery of new critical metal resources, Eramet Group is also strengthening Eramet's strategic contribution to securing its value chains, serving the sovereignty of its economies and the energy transition. Christel Bories Chair and CEO of Eramet For BRGM, this partnership aligns with numerous strategic dimensions. Indeed, BRGM contributes to securing and diversifying France's supply of critical minerals, which are essential for the energy transition. To achieve this, its scientific strategy relies on knowledge of geology and mineral resources across various territories, as well as its ability to leverage historically acquired or ongoing data. This is particularly the case currently with the project to update the inventory of French mineral resources. Beyond its scientific research missions and support for public policies, BRGM also has the mission, within its areas of expertise, to foster innovation in the economic sector. Finally, it is worth noting that international cooperation has historically been part of BRGM's missions and DNA. Eramet Group operate on all continents. Thus, in addition to understanding their geological resources, Eramet Group maintain regular contact with institutions in different countries and their major mining companies, particularly state-owned ones. For all these reasons, Eramet Group is delighted to showcase BRGM's expertise, scientific knowledge, and network in this partnership with Eramet and Lithosquare. Catherine Lagneau Chair and CEO of BRGM This partnership with Eramet and the BRGM marks a major milestone in achieving Lithosquare's mission: accelerating the exploration and discovery of new critical metal deposits. By combining its geological AI with the scientific expertise and operational capabilities of its partners, Eramet Group is significantly scaling its ability to discover new deposits on a global scale to support the energy transition. Aymeric Preveral-Etcheverry Founder and CEO of Lithosquare Other publications and documents. * CSR | Group Manganese: a key lever for a sustainable and decarbonized steel value chain Eramet has just published its white paper, "Manganese and Decarbonized Steel: Towards a Sustainable Value Chain," which provides a comprehensive analysis of manganese as a practical lever for the sustainable transformation of the steel industry. Presented at the CRU Ferroalloys Europe Connections Summit, held from June 2 to 4 in Frankfurt, Germany, this white [...] 3 June 2026 #Act for Positive Mining #Decarbonization #Energy transition #Manganese PDF - 9.08 MB * Finance | Group Shareholders' meeting Answers to shareholders' written questions - Shareholders' General Meeting of 27 May 2026 27 May 2026 PDF - 87.13 KB * Finance | Group Shareholders' meeting Shareholders' General Meeting presentation of 27 May 2026 27 May 2026 PDF - 3.89 MB
AI leaves the cloud and heads for the underground: LITHOSQUARE raises 22 million euros in seed funding. Contact us: [email protected]. 05/05/2026. Critical metals: the blind spot of the energy transition. The electrification of uses, the rise of data centers, and the industrialization of artificial intelligence depend on a growing demand for raw materials. Lithium, copper, nickel: these resources constitute the invisible infrastructure of the transition. Yet this infrastructure remains fragile, with slow, costly, and uncertain mining exploration. The full cycle, from initial geological data to the discovery of an exploitable deposit, generally spans several years, with a limited success rate. In this context, the ability to identify new deposits more quickly becomes a strategic issue. Recent investments in artificial intelligence, energy, or quantum computing show that venture capital is repositioning itself toward industries with high industrial intensity, where value is now created upstream of production chains. AI that no longer just predicts but explores. Founded in 2024 in Paris by Aymeric Préveral-Etcheverry, a mining engineer and former CEO of Fieldbox, and Simon Leclair, the French startup Lithosquare develops a platform combining artificial intelligence, geological expertise, and field data. The company already collaborates with exploration players in Europe, the United States, Africa, and Latin America. Lithosquare offers a distinct approach to AI applied to geology. While some tools are limited to statistical analysis of geophysical data, the startup claims a combination of artificial intelligence models and scientific understanding of mineral formation processes. The goal is not just to identify correlations but to model complex geological systems to guide exploration decisions. This approach would drastically reduce analysis times, from several months to a few days, while improving success rates. The positioning fits into a broader evolution of AI: a technology that leaves generic uses to anchor itself in highly constrained professional domains. In mining exploration, this transformation is still emerging, but initial applications show significant potential, especially in Africa where the use of AI in prospecting is beginning to take shape. A technological response to a geopolitical constraint. Beyond operational performance, Lithosquare's proposition is part of a logic of sovereignty. Access to critical metals is currently concentrated in the hands of a limited number of countries, exposing Western supply chains to growing geopolitical risks. In this context, accelerating the discovery of new deposits becomes a strategic lever to diversify supply sources and reduce dependencies. Public policies in Europe and North America converge on this goal, reinforcing the relevance of solutions capable of industrializing exploration. AI appears here as a tool for acceleration but also as an instrument for rebalancing. A fundraising aligned with the new priorities of capital. The 22 million euro seed round, led by World Fund and Kindred Capital, with participation from Daphni, Omnes Capital, and OVNI Capital, fits into this dynamic. It confirms investors' growing interest in projects with high scientific and industrial intensity, addressing systemic challenges. These fundings, often larger from the early rounds, reflect an evolution in venture capital. Less focused on rapid cycles and purely software models, many investors are turning to technological infrastructures capable of meeting physical and regulatory constraints.
French startup Lithosquare has raised €22 million in seed funding led by World Fund and Kindred Capital to accelerate the discovery of critical metal deposits. Daphni, Omnes Capital and Ovni Capital also participated in the round. Founded in 2024 by mining engineer Aymeric Préveral-Etcheverry and Simon Leclair, Lithosquare uses AI-powered geological models to identify mineral deposits. The company claims its approach is 10 times more efficient than traditional statistical methods, reducing exploration timelines from 7-15 years whilst cutting unnecessary drilling and pollution. The funding will support international expansion and platform development. Lithosquare aims to help Europe meet its Critical Raw Materials Act targets, which require local extraction to address 10% of the EU's annual needs by 2030. The company is also targeting markets in the US, Africa and Latin America.
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Industries
Data & Analytics
Industrial & Manufacturing
Energy
AI & Machine Learning
Company Size
11-50
Company Stage
Seed
Total Funding
$24.2M
Headquarters
Paris, France
Founded
2024
Find jobs on Simplify and start your career today