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Terra AI secured $20M in Series A funding led by Khosla Ventures. The company aims to accelerate its generative geological modeling platform for mining and energy applications.

PRIVATEJun 03, 2026

Amount Raised

$20 Million

Round Type

Series A

Palo AltoEnergyOil And GasArtificial IntelligenceMachine Learning

Investors

Bhp VenturesKhosla Ventures

Description

Terra AI, based in Palo Alto, CA, raised $20M in Series A funding to enhance its artificial intelligence platform for mineral and energy development. The funding was led by Khosla Ventures with strategic investment from BHP Ventures. The company will use the capital to deploy its innovative geological modeling technology across various sectors. Led by CEO John Mern, Terra AI provides solutions to reduce uncertainty and improve project economics.

Quick answer

Terra AI raised $20 Million in a Series A round, dated June 3, 2026. Investors: Bhp Ventures and Khosla Ventures. Terra AI is based in Palo Alto, California, United States.

How much did Terra AI raise?
Terra AI raised $20 Million in a Series A round on June 3, 2026.
Who invested in Terra AI?
Bhp Ventures and Khosla Ventures are named as investors in this round.
What does Terra AI do?
Terra AI is an artificial intelligence platform provider based in Palo Alto, CA, that focuses on reducing subsurface uncertainty for mineral and energy development.
Where is Terra AI based and how big is it?
Terra AI is based in Palo Alto, California, United States. Fundz records about 21 employees.
Who are the decision-makers at Terra AI?
Fundz holds 2 contacts at Terra AI, including the Co-Founder, CEO. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Energy and Oil And Gas around the same time

Companies in the same sectors as Terra AI that raised within 45 days of this round, from Fundz verified event records.

  • Applied Computing raised $20M (Series A) on July 16, 2026.
  • Novity raised an undisclosed amount (Corporate Round) on May 20, 2026.
  • CleanDesign raised $20M on April 28, 2026.
  • DeepSeek raised $7.4B on July 18, 2026.
  • General Compute raised $100M (Debt Financing) on July 18, 2026.
  • H2LooP raised $2M (Seed) on July 18, 2026.

Who to call at Terra AI, and when

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Company Information

Company

Terra AI

Location

Palo Alto, California, United States

About

Terra AI is an artificial intelligence platform provider based in Palo Alto, CA, that focuses on reducing subsurface uncertainty for mineral and energy development. The company offers a patented platform that integrates various types of exploration data to generate probabilistic geological models. These models help project teams make informed decisions regarding drilling and resource development by assessing potential subsurface scenarios. Terra AI aims to assist explorers in evaluating asset acquisitions and accelerating resource development efforts.

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Related People

2 contacts
Verified contactsJohn M., Co-Founder, CEO hidden hiddenSee plans and pricing
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Funding Insights

What this usually means
Typical timeline to Series B
Series A companies typically raise their next round in 10-18 months

Terra AI raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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