VerAI Discoveries is a Boston-based AI mineral-discovery company that uses machine learning to detect concealed metal deposits hidden beneath covered terrain - forests, ice sheets, gravel and young rock - that conventional exploration misses. By analyzing magnetic, gravimetric, electromagnetic and seismic data, its proprietary AI Discovery Platform generates high-probability, drill-ready targets faster and far cheaper than traditional methods, then advances a 60+ project portfolio of critical-mineral assets through joint ventures and partnerships across North and South America.
Yair Frastai is the co-founder and CEO of VerAI Discoveries, a Boston-based company using proprietary AI to find concealed mineral deposits buried under covered terrain. A former Israeli Intelligence special operations officer and Israel Defense Prize recipient turned mining-sector executive, Frastai built VerAI in 2020 with longtime partner Amitai Axelrod to attack what he calls mining's biggest problem: only 1 in 1,000 exploration projects ever becomes a mine. VerAI reads raw geophysical signals from deep underground with machine learning, and has raised roughly $39 million to date, including a $24M Series B led by Insight Partners in 2025.