Terra AI Raises $20M Series A

Terra AI, based in Palo Alto, California, is an artificial intelligence platform provider that helps organizations solve subsurface uncertainty for mineral and energy development. The company has announced the closing of a $20 million Series A funding round to support its growth and technology development.

Investors

This round was led by Khosla Ventures, a venture capital firm specializing in AI and sustainability. Additional strategic investment was provided by BHP Ventures.

Terra AI Use of Funds

The capital will be used to scale the company’s generative geological modeling engine, accelerate enterprise-grade deployments, and advance its subsurface inference technology. These funds will support the application of their platform across mining, enhanced geothermal, and carbon storage projects.

Founded in 2026, Terra AI is led by CEO John Mern. The company offers a patented platform that integrates geophysics, geochemistry, and drilling data to generate probabilistic 3D models of the underground. Their mission is to provide risk-quantified decision insights that allow resource companies to identify optimal drilling approaches, reduce exploration time, and improve project economics.

Funding Details

Company: Terra AI
Raised: $20M
Round: Series A
Funding Date: June 3, 2026
Lead Investor: Khosla Ventures
Additional Investors: BHP Ventures
Company Website: www.terraai.com
Software Category: Artificial Intelligence and Geospatial Software
Source: https://www.axios.com/pro/climate-deals/2026/06/03/terra-ai-khosla-bhp-series-a