Lingyun Smart Mining has completed a multi-million-dollar angel round of financing and will continue to deepen the global layout of AI mineral exploration technology.

Recently, "LynAI Mines", a project incubated by Light Source 3i Industrial Innovation Incubator, announced the completion of a multi - million - dollar angel round of financing. This round was led by Shengjing Jiacheng, with participation from a listed domestic energy and mining investment group, Houxue Capital, and well - known entrepreneurs. Light Source Capital L2F continued to increase its investment.

This angel round of financing marks that LynAI Mines has officially entered the global expansion stage of "AI + Mineral Rights Operation". The funds raised will mainly be used to accelerate the locking of high - quality mineral rights in key global metallogenic belts such as Western Australia, Saudi Arabia, and Africa. Through the independently developed intelligent AI decision - making system for mineral exploration, the company aims to achieve a full - process closed - loop of mineral discovery, asset formation, and mineral rights operation. Specifically, the company will deepen business cooperation with global industrial players and listed companies, and conduct in - depth cooperation in areas such as mineral rights exploration, establishment of mining funds, R & D of exploration equipment, supporting drilling projects, and mineral resource recovery. It will promote the extension of AI technology capabilities from "mineral exploration services" to the entire chain of mineral rights exploration, development, and operation. At the same time, the financing will accelerate the practical application of AI exploration technology in mineral rights operation. Relying on the team's experience in over 10 global projects (covering regions such as Australia, the Middle East, and Africa), the company will maximize the value of technology by tying it to mineral rights assets, inject new impetus into the digital and intelligent upgrading of the global mining industry, and consolidate its leading position in the field of AI - driven mineral exploration and development.

LynAI Mines Ltd. (hereinafter referred to as "LynAI Mines") was established in 2025 and is a globally leading AI - driven technology company for mineral exploration and operation, committed to upgrading the entire mining process with artificial intelligence. The company was jointly founded by a top - notch expert team from geology, mining, artificial intelligence, finance and other fields. The core members have rich international experience in international mining capital operation, acquisition and merger of mineral rights, R & D of AI algorithms, and implementation of geological engineering. Relying on the independently developed intelligent AI decision - making system for mineral exploration, LynAI Mines has achieved in - depth mining and intelligent interpretation of multi - dimensional data such as geophysics, geochemistry, and remote sensing, greatly improving the efficiency of mineral exploration and the accuracy of resource evaluation.

The team has previously verified over 10 exploration projects, covering key global metallogenic regions such as Australia, the Middle East, and Africa, successfully helping clients accurately lock in high - value mineral rights in multiple locations and achieve commercial transformation. After the seed - round financing, the team quickly completed the full - scale establishment of the domestic algorithm and operation teams, and promoted global mineral rights cooperation negotiations with dozens of industrial groups to support Chinese capital going overseas and accelerate the integration of global mineral resources. At the same time, the team has locked in multiple high - quality mineral rights target areas globally, which will be quickly transformed into commercial projects and achieve business verification.

The global demand for mineral resources continues to grow. The new energy transition and the guarantee of strategic metals have accelerated a new round of mineral exploration boom. However, the traditional mining industry faces challenges such as low exploration efficiency, high investment risk, long investment return cycle, and complex acquisition and management of mineral rights. Intelligent exploration and mineral rights management driven by AI and big data have become the core engine for the digital upgrading, cost reduction, and efficiency improvement of the global mining industry.

LynAI Mines' AI model and digital exploration system have broken through the high dependence of traditional geological exploration on manual experience, achieving automated processing of multi - source data, high - precision positioning of exploration target areas, intelligent evaluation of mineral rights value, and quantitative control of risks. It has achieved breakthroughs in mineral exploration in multiple international mining areas, increasing the efficiency of target area identification by 300% and reducing exploration costs and cycles by more than 50%. LynAI Mines is seizing the opportunity in the intelligent mining track through AI innovation and international operation capabilities, helping to efficiently develop global mineral resources, promote green and sustainable utilization, and reshape the industrial value chain.

Wang Xiangyun, the managing partner of Shengjing Jiacheng Venture Capital, believes: "LynAI Mines is expected to become a pioneer in the AI RaaS model in the field of AI - assisted mineral exploration. Shengjing was the first to propose AI RaaS (Result as a Service, that is, paying based on workload and work results), and believes that 'pay - for - results' will gradually become the mainstream business model and the ultimate model for AI applications. In the field of AI - assisted mineral exploration, the US unicorn Kobold Metals has firmly adhered to the AI RaaS model from the very beginning and has successfully become a new - type mine owner driven by AI. Mineral resources are the focus of global attention. Relying on China's strong manufacturing and industrial chain foundation, we believe that there is sufficient market space for LynAI Mines to explore and follow a similar AI RaaS path as Kobold and become a new force in the global AI - assisted mineral exploration field."

Huang Xinxin, the person - in - charge of the incubation business of Light Source Capital 3i, pointed out: "The angel - round financing of LynAI Mines is an important milestone in the upgrading and iteration of the mining industry, which will enable Chinese capital to gain an advantageous position in global mining competition. The company uses AI as the core driving force and has achieved breakthroughs in both technology and business globally. Light Source Capital will continue to deepen strategic cooperation with LynAI Mines to jointly promote the digital and intelligent upgrading of the global mining industry."