StratumAI
StratumAI, headquartered in Toronto, Canada, specializes in using deep learning to enhance drilling accuracy and efficiency in the mining industry, with a focus on gold and base metals like copper.
Company Overview
StratumAI, previously known as Stratum Technologies and Stratum, is a technology company based in Toronto, ON, Canada. StratumAI specializes in providing machine learning solutions for the industrials sector, specifically within the climate sub-industry. With a team size of 5, the company is part of the Y-Combinator W20 batch and operates across multiple regions including Canada, America/Canada, and remote locations.
Services
StratumAI offers a range of services designed to optimize mining operations. They utilize deep learning to predict the most effective drilling locations and estimate the amount of gold between drillholes. Their technology also applies to other metals such as copper. Their solutions include machine learning for mine planning and grade control, dynamic reconciliation, error correction for real-time ore tracking across mines, and improved drill targeting for more effective drilling programs.
Technological Innovations
StratumAI's technology replaces traditional statistical interpolation methods in the mining industry. Their machine learning solutions have demonstrated significant benefits, including a reduction in waste produced, increase in yield gained, decrease in tonnage deviation, and increase in high-grade stockpile grades in copper mines. These innovations are projected to create approximately $10M in annual value for the average mine.
Global Presence
While headquartered in Toronto, Canada, StratumAI has a global presence with offices in Peru and Australia. This international footprint allows the company to offer its advanced mining solutions to a wider range of clients and adapt to various mining conditions across the world.
Knowledge Resources
StratumAI provides extensive knowledge resources for clients and stakeholders. These include a knowledge portal with technical documents, blog posts, webinars, and more. The company also offers case studies and presentations that showcase the application and benefits of their technology in real-world mining operations. Additionally, an investor kit is available for potential investors seeking more detailed information about the company's offerings and financial projections.
