Playground Global led a $16m Series A round in Ideon Technologies.

Playground Global, a venture capital firm, led a $16m Series A round in Ideon Technologies, a provider of subsurface imaging solutions for the mining industry. “Our company mission is to help accelerate the world’s transition to low-impact mining, which we’re achieving by delivering an unprecedented level of geological certainty in an exploration market that has traditionally been dominated by uncertainty. Today, billion-dollar decisions are being made with just 1 percent of 1 percent of knowledge of the ore body. Our solution gives clients the confidence to identify new discoveries, map and characterize ore bodies in-mine to accelerate resource-to-reserve conversion, and to target high-recovery/low-waste deposits to deliver critical minerals faster, more reliably, and more sustainably than ever before,” Gary Agnew, Ideon Technologies Co-Founder and CEO.