Riven Systems raises $7.9M pre-seed to speed up minerals processing
What's the deal? Riven SystemsDealroom has a profile for this one. Try Dealroom →, an NYC-based startup using AI and automated lab testing to improve minerals processing, has raised $7.9 million in pre-seed funding, the company tells Axios Pro.
What's the endgame? Riven pairs AI with automated lab testing to refine how minerals are processed, targeting a stage of the supply chain that has drawn fresh attention.
Why now? The Trump administration has vastly expanded US efforts to boost domestic minerals production, sharpening interest in technology that supports the sector.
By the numbers: The $7.9 million raise is sizeable for a pre-seed round, landing in roughly the 37th percentile by amount — a solid but not outsized entry check for a company at this early stage.
The signal: Investor money is flowing towards startups positioned at the intersection of AI and critical minerals, a niche where policy tailwinds and supply-chain concerns now overlap.
Image credit: pete.stephenson
Read more: Axios Pro
