Earth ‘x-ray’ pioneer Ideon Technologies closes $1.3M in seed funding Heavily oversubscribed round to fuel development of much-anticipated borehole detector

Vancouver, BC, CANADA (July 7, 2020) – Canadian start-up Ideon Technologies Inc. has raised $1.3 million CAD in seed funding through a diverse group of global investors with expertise in mining, technology, and venture fundraising, as well as the University of British Columbia (UBC)’s Seed Fund. Ideon is a world pioneer in cosmic-ray muon tomography, providing x-ray-like imaging to those who explore beneath the Earth’s surface. Ideon will deploy the new capital, combined with existing funding, to develop its new bore-hole detector, slated for commercial release in 2021.

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