Lithosquare is accelerating critical minerals discovery with AI-driven geological intelligence that addresses the global supply bottleneck.

The Paris-based company helps mining companies identify, rank and advance high-potential copper, lithium and rare earth deposits, faster, with higher confidence and at a fraction of the traditional cost.

What sets Lithosquare apart is its geology-first approach. Where most AI-exploration tools look for statistical patterns in historical data, Lithosquare reasons from the science of how deposits form. Its platform is built around a proprietary metallogeny ontology covering around 20 deposit types, developed and maintained by PhD metallogenists working alongside AI engineers. This allows the system to generate credible targets in greenfield areas where no historical training data exists, a capability that pattern matching approaches cannot replicate.

Why we invested in Lithosquare

The climate case: Only around 1 in 1,000 mineral exploration projects ever becomes a mine, yet global demand for copper, lithium and rare earths is accelerating as electrification and AI infrastructure intensify. Average mine development lead times have stretched to nearly 18 years, creating a critical gap between exploration decisions today and production needed in the 2030s and 2040s. Lithosquare directly addresses this bottleneck by accelerating high-confidence discovery in jurisdictions that can meet Western supply-chain resilience requirements. By bringing new reserves to market faster and from jurisdictions with stronger environmental standards, Lithosquare unblocks the materials supply that global electrification depends on.

The business case: Global mineral exploration budgets have historically ranged between $12-15bn annually, with a portion allocated to target generation, data analytics and technical advisory. Lithosquare's asset-light, partnership-driven model captures exploration service revenues while retaining long-term economic upside through Net Smelter Return royalties on successful discoveries. The global royalty and streaming sector has a combined enterprise value of over $140bn. Early partnerships validate strong demand for AI-accelerated exploration workflows and demonstrate traction across both large-cap operators and mid-tier explorers.

The team: Co-Founder and CEO Aymeric Preveral-Etcheverry previously scaled Fieldbox, an industrial AI company. COO Simon Leclair brings 15+ years of mining expertise, including early-career mine development work at Eramet and 8 years as a partner at BCG specialising in Metals and Mining strategy. Both are Mines Paris graduates, combining deep geological credibility with proven operational execution and AI expertise.

Website: https://www.lithosquare.com/