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AsianFin -- LynAI Mines, a China-based artificial intelligence startup focused on mineral exploration, has closed its angel round of funding, marking the company’s official entry into global expansion.
The funds will be used to acquire high-value mining rights in critical mineral belts across Western Australia, Saudi Arabia, and Africa, while scaling the company’s proprietary AI-powered exploration platform.
Founded in 2025, LynAI Mines aims to build an end-to-end AI infrastructure for the mining rights value chain—ranging from resource discovery and asset formation to operations. Its intelligent mineral exploration decision-making system leverages geophysics, geochemistry, and remote sensing data to significantly boost efficiency in target identification and risk control. The company claims to have improved exploration efficiency by 300% while cutting exploration cycles and costs by more than half.
The angel round also signals LynAI’s transition from exploration services to deeper integration across the mining rights lifecycle. The startup plans to form strategic partnerships with global industrial players and listed companies for collaborative development in areas such as mineral fund structuring, equipment R&D, drilling services, and resource recovery. It is also in active discussions with several groups on mining rights cooperation projects, supported by its domestic algorithm and operations teams.
The financing comes amid surging global demand for strategic metals and energy transition materials. Traditional mineral exploration, which is costly and time-consuming, has become increasingly inefficient, creating demand for digital tools to streamline exploration and development. AI-driven solutions are now seen as essential to unlocking new mineral value chains.
“Lingyun Smart Mining”—the Chinese name for LynAI—has already validated its system across more than ten global projects spanning Australia, the Middle East, and Africa, helping clients secure and develop high-grade mining assets. Several of these projects are now moving into commercial execution.
Investors say LynAI Mines is positioned to lead the rise of AI-driven mineral RaaS (Results-as-a-Service)—a model where AI firms are compensated based on exploration outcomes. Wang Xiangyun, Managing Partner of Shengjing Jiacheng Venture Capital, which participated in the round, compared LynAI’s model to that of U.S. unicorn KoBold Metals, a pioneer of the RaaS approach that uses AI to discover and own mining assets.
“In the field of AI exploration, paying for results will become the dominant model,” said Wang. “With China’s global manufacturing edge, we believe LynAI can chart a similar course and emerge as a transformative force in global mining.”
Huang Xinxin, head of 3i Incubation at Lighthouse Capital, echoed the sentiment. “LynAI’s angel round marks a critical step in the digital evolution of mining. With real-world traction and deep tech breakthroughs, the company is creating new opportunities for Chinese capital to play a central role in global resource development.”
With the angel funding secured, LynAI is accelerating commercialization of its AI system and preparing to convert its mining rights pipeline into viable projects—aiming to become a cornerstone player in the next generation of intelligent mineral resource development.
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