Ideon Technologies

Ideon Technologies

World pioneer in cosmic-ray muon tomography, providing unique insights to those who explore beneath the Earth’s surface.

Founded 2014 Canada

Richmond, Canada 61 employees Grant Total: $26.80M AI, Privacy and Security +1

Ideon Technologies is a Canadian startup specializing in cosmic-ray muon tomography, a revolutionary method for exploring beneath the Earth’s surface. As a spin-off from TRIUMF, Canada’s national particle accelerator laboratory, Ideon has developed a cutting-edge discovery platform that leverages proprietary detectors, imaging systems, inversion technologies, and artificial intelligence to provide unprecedented visibility up to 1 km underground. This allows exploration geologists to detect sub-surface muons and create reliable geophysical surveys and 3D density maps, enabling them to identify mineral and metal deposits more precisely and confidently. With its ability to reduce drilling costs, minimize environmental impact, and save time, Ideon is gaining traction in industries beyond mining, including oil and gas, critical infrastructure, and national security. In 2014, Ideon Technologies was founded and has since received a significant $21.00M Series A investment, the most recent being on 13 September 2022 from Playground Global. This investment underscores the industry's recognition of Ideon's potential and the value it brings to the sectors it operates in. As it continues to push boundaries in muon tomography and expand its applications, Ideon Technologies is poised to drive transformative changes in how sub-surface exploration is conducted across various industries.

Funding Stage	Amount	Investors	Lead Investors	Date
Grant	$2.70M	1	Pacific Economic Development Canada	11 Oct 2024
Series A	$21.00M	1	Playground Global	13 Sep 2022
Venture Round	$1.80M	-		30 Apr 2021
Grant	Undisclosed	1	National Research Council of Canada Industrial Research Assistance Program	16 Nov 2020
Seed Round	$1.30M	3	Sprout Fund LP, UBC Seed Fund +1	07 Jul 2020
Non Equity Assistance	Undisclosed	1	Creative Destruction Lab	10 Jul 2018

Funding Stage

Amount

Investors

Lead Investors

Date

Grant

$2.70M

Pacific Economic Development Canada

11 Oct 2024

Series A

$21.00M

Playground Global

13 Sep 2022

Venture Round

$1.80M

30 Apr 2021

Grant

Undisclosed

National Research Council of Canada Industrial Research Assistance Program

16 Nov 2020

Seed Round

$1.30M

Sprout Fund LP, UBC Seed Fund +1

07 Jul 2020

Non Equity Assistance

Undisclosed

Creative Destruction Lab

10 Jul 2018

FAQ About Ideon Technologies

World pioneer in cosmic-ray muon tomography, providing unique insights to those who explore beneath the Earth’s surface.

Ideon Technologies was founded in 2014.

Ideon Technologies is headquartered in Richmond, Canada.

Ideon Technologies operates in AI, Privacy and Security and Oil and Gas. Its work centres on cosmic-ray muon tomography, geophysical surveys, mineral exploration and metal deposits.

Ideon Technologies has approximately 61 employees.

Ideon Technologies has completed 6 funding rounds, raising a total of $26.80M. The latest funding stage is Grant.

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Ideon Technologies and Rebellion Industries are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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