Minalyze: €4m

Case

5/19/22

The funding is provided within the framework of the EIC Accelerator blended finance support and will be used to accelerate the development of the first complete AI-driven drill core mapping solution for the mining industry. The European Innovation Council (EIC) promotes breakthrough innovation with scale-up potential at the global level.

“The EIC accelerator funding is game changing for our company. It will allow us to add resources to our team and fully focus on creating value for the mining industry through our unique and completely integrated AI autologging solution. GAEU Consulting has provided professional guidance throughout the EIC accelerator application process. Their experience and knowledge are key success factors that lead to this positive outcome in the highly competitive EIC accelerator program.”

- Annelie Lundström, CEO at Minalyze

“The field of AI-driven innovations is a very crowded and challenging space. It takes a lot of effort to clearly present competitive advantages of such solutions and provide viable arguments for the scale-up potential of those businesses. We are very happy to once again prove our capabilities of supporting deep tech projects of this kind. Minalyze has a unique solution and a very strong, dedicated team. This is the bottom-line requirement to compete for EIC funding.”

- Tomasz Wąsik, MBA, Partner at GAEU Consulting

About Minalyze

Minalyze is the world leader in XRF core scanning instruments and software for visualization of geological data. What the industry saw as revolutionary but impossible was challenged and conquered by the entrepreneurial and innovative Minalyze team. Read more at www.minalyze.com