Ideon Technologies

Canada
Port Elgin, Ontario, Canada, V6V 2K9

Company profile

Ideon Technologies company profile

Ideon Technologies is a spin-off from TRIUMF (Canada’s national particle accelerator laboratory) and a world pioneer in the application of cosmic-ray muon tomography. We use the energy from supernova explosions in space to image in 3D deep beneath the surface of the Earth. Ideon has developed a subsurface intelligence platform that integrates proprietary detectors, imaging systems, inversion technologies, and artificial intelligence to provide x-ray-like visibility down to 1 km beneath the Earth’s surface. By detecting sub-surface muons and transforming the data into reliable geophysical surveys and 3D density maps, Ideon helps exploration geologists identify, map, and monitor mineral and metal deposits with precision and confidence. They drill less and recover more with Ideon – reducing cost and risk, saving time, and minimizing environmental impact.

Business identity

Contact email
[email protected]
Phone number
888-704-3366
Operating status
Active
Company type
For Profit
Employee range
51-100 employees
Revenue range
$0-$1M
Founded
2013-01-01, Year

Headquarters

Postal code
V6V 2K9
Country code
CA
Continent
North America

Capital profile

Funding and company signals

Funding stage
Early Stage Venture
Funding rounds
6
Total equity funding
$18.4M
Last funding
Grant / $2M / 2024-10-11
Last equity funding
Series A / $15.9M
Investors
7
Lead investors
3
Founders
3
Articles
78

Founders and investors

Founders

Don FursethDouglas SchoutenGary Agnew

Lead investors

Pacific Economic Development CanadaPlayground GlobalUBC Seed Fund

Investors

Creative Destruction Lab (CDL)National Research Council of Canada Industrial Research Assistance ProgramPacific Economic Development CanadaPlayground GlobalSprout Fund LP