Minerva Intelligence

Overview
News
Mining Tech?
Product stageSegments
Expansion
?
Analytics and Modelling
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Minerva Intelligence Inc. is a software development company that specializes in creating decision support tools using artificial intelligence. The company focuses on building applications for climate risk assessment, mineral exploration, and mining. Minerva's flagship product is DRIVER, an AI-powered software solution for the mining industry that transitioned to a fully web-enabled SaaS product sold via annual licenses. In September 2022, Minerva launched climate85, the first pan-Canadian API for climate risk data. This product provides access to climate risk information forecasting for heat, humidex, precipitation, and wind until the year 2100, offering 36 datasets covering various climate change scenarios and time horizons. The climate85 platform integrates available data with predictive models to forecast climate change impacts on natural systems and the economy. Minerva's proprietary technology aims to empower organizations to make informed decisions in the face of climate change.

Key customers and partnerships

Minerva Intelligence secured several customers and partnerships in various sectors. In 2022, the company signed three licensed SaaS customers for its DRIVER AI Software and five DRIVER proof-of-concept projects. Minerva also partnered with 4DM to design a national-scale hydrographic data model for Natural Resources Canada. Additionally, the company was awarded a USD 94,000 contract with Natural Resources Canada for a project aimed at supporting the identification and prioritization of opportunities to unify and standardize geoscience information across provincial, territorial, and federal sources. In the climate risk sector, Minerva's Climate Risk Division was awarded a phase one USD 130,000 Canadian coastal zone project to identify how different hazards can affect the coastline. The company's climate85 product is designed to cater to a wide range of clients, including Canadian businesses, communities, and individuals seeking to understand and assess physical climate risks.


Sources

Disclaimer: This company profile has been generated using data obtained through automated web searches and advanced generative AI technology. While we strive to ensure the accuracy and reliability of our sources, auto-generated information could be outdated or inaccurate and should be verified independently.
HQ location:
850 West Hastings St Suite 301 Vancouver BC CAN
Founded year:
2017
Employees:
11-50
IPO status:
Public
Total funding:
USD 6.2 mn
Last Funding:
USD 4.9 mn (Undisclosed; Dec 2018)
Last valuation:
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