Lisus: Helping Miners Identify Better Sites to Source Materials

Lisus Fast Facts

Headquarters

Hawthorne, California

Product

Lisus has 2 products, Green Eye and Alchemist

• Green Eye: a sustainability platform that uses remote sensing to help mining companies be more transparent, and to monitor the impact of their sites

• Alchemist: an enterprise product that uses peer-reviewed exploration techniques and combines it with machine learning to identify better sites

In the future, these products will become tools that Lisus will use to source the materials themselves and become the leader in critical materials.

Funding

Lisus has received $120,000 from Techstars Sustainability Paris Accelerator. They are currently Raising $1.5 million round at a valuation of 6-8 million.

Team

CEO & Technology Lead: Dr. Oscar Neyra-Nazarrett

• Holds a doctorate in Environmental Science and Engineering from UCLA

• Completed master's studies at USC and Johns Hopkins

• Worked as a research associate at NASA's Jet Propulsion Laboratory

• Founded an organization with over 5,000 active members

• First in their family to graduate from college and start a business

CTO: Scott Hoffberg-Wilson

• Experienced CTO

• Previously led software development at Nori

• Former CTO of Alaya Care

• Holds a MA degree from Stanford

• Has more than 14 years of experience in the field

Business Model

Lisus helps mining companies explore faster and make their sites more sustainable using advanced technology. In the future, they plan to partner with others to sell the materials they find. The most exciting part is that they can start by selling software and then expand to selling materials, which is a bigger opportunity.

Market Opportunity

The critical minerals market is the largest opportunity of the century, as relevant as oil was in the 1800s. The critical minerals market sees unprecedented growth as clean energy demand drives strong increase in investment. Investment in critical mineral development rose 30% last year, following a 20% increase in 2021.

• Total Addressable Market: 1T+ (Electrification enablers)

• Serviceable Addressable Market: $21B (Critical Minerals)

• Service Obtainable Market: $1B (Lithium)

• Lisus’ key competitors:

  • Earth AI

  • Kobold

  • VerAI

  • Ideon

Traction

• Techstars Sustainability Accelerator

• The Engine Blueprint Program

• Harvard Innovation Labs

• In the last few months Lisus built momentum with target partners in Chile, Argentina, Arkansas, California, and Nevada

• Built Green Eye in 5 months

• Patented a technology to detect critical minerals from space

Why Now?

We are seeing a rapid rise in Electric Vehicles, transforming commuting and reducing carbon footprint. AI capabilities are also growing exponentially, revolutionizing industries and improving daily life. Additionally, satellite imagery availability is increasing, giving us valuable data about our planet. These phenomena are shaping a sustainable and technologically advanced future.

Climate Impact

The challenge of the century will be to meet the ever-increasing demand for critical minerals and metals while ensuring sustainable and responsible practices in their mining and sourcing. Therefore, Lisus is building technology to prioritize efficient and responsible mining practices to ensure a stable and sustainable supply of critical minerals for the future. We built Lisus to tackle the biggest unintended consequence of this century before it's too late. Lisus stands for Leaders In SUStainability.

Support Lisus

• Hiring:

  • Senior Software Developer

  • Junior Software Developer

  • Junior Software Developer

  • Chief of Staff and HR

  • Junior Software Developer

  • Sales Specialist

• Investors: currently raising $1.5 million in Seed funding at a $6-8M valuation

Climate Tech Funding

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In December 2023, startups raised over $2.49B in climate tech funding across 287 deals, marking the lowest funding month of 2023 while deal activity remained at the average level.

Latest Climate Deals

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  Investors: Tall Grass Ventures, 2b AHEAD Ventures Fund

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  Investors: Greencode Ventures, Link Capital, Vireo Venture

• Parallel Carbon, a UK based direct air carbon capture system, raised $3.72M in Seed funding to field-test a scaled stack producing 50 kg of hydrogen and capturing one tonne of CO2 daily by early 2025

  Investors: Andrew MacKay, Aramco Ventures, Axon Partners Group, Counteract Partners, Dnx Ventures, Rumbo Ventures, VOYAGERS

• SynMax, a Houston, Texas based data intelligence company, raised $13M in Seed funding to further accelerate growth in its innovative products, including Theia, Hyperion, Vulcan, and Leviaton.

  Investors: Bill Perkins, with participation from Alex Moore

• Rincell, a San Francisco, California based chemistry battery cell manufacturer, raised $1.2M in Seed funding to get its 18650 and 21700 silicon-graphite batteries ready for commercial production in CY2024.

  Investors: NextGen Battery Chem Ventures