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Terra AI raises $20M to Accelerate Mineral and Reservoir Exploration to Meet Global Critical Mineral and Energy Demands

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The fundraiser included a Series A investment led by Khosla Ventures and strategic investment from BHP Ventures

PALO ALTO, Calif., June 3, 2026 /CNW/ — Terra AI, the artificial intelligence platform helping solve subsurface uncertainty for mineral and energy development, today announced it raised $20 million Series A led by Khosla Ventures and strategic investment from BHP Ventures.

Terra AI’s patented technology integrates nearly every type of exploration data to generate millions of geological models, enabling teams to evaluate a comprehensive range of potential subsurface scenarios. This allows project teams to identify the best drilling and geophysical approaches to reduce key uncertainty and rigorously assess project economics earlier than ever before. By going beyond geological visualization and delivering risk-quantified decision insights, Terra AI helps explorers on virtually every important decision across their portfolio from determining which assets to acquire in a portfolio to accelerating and de-risking resource development efforts. The outcome: resource pipelines are developed faster and more efficiently to help the world meet its resource needs.

“Explorers today face increasing complexities like rising project uncertainty and immense pressure to bring new resources online faster,” said John Mern, CEO Terra AI. “This investment enables us to move to the next phase of Terra AI’s growth by scaling our generative modeling engine, accelerating enterprise-grade deployments, and advancing the subsurface inference technology the industry needs to meet critical mineral demand.”

Typically, new discoveries require an average of 17 years to advance to production. Terra AI’s platform integrates explorers’ full dataset to produce geologically realistic 3D models that map assets and uncertainty in minutes, allowing developers to make more informed decisions faster. Its geology reasoning agent works with operators to create precise and optimized exploration plans, enabling teams to develop critical assets with minimal time, cost, and environmental disruption. The same platform is now being applied to carbon storage sites where understanding subsurface uncertainty is equally critical to selecting safe, permanent storage locations.

“The world’s ability to discover and develop critical resources is fundamentally constrained by outdated, fragmented exploration,” said Rajesh Swaminathan, Partner at Khosla Ventures. “Terra AI is defining a new, AI-native exploration approach with their continuously improving 3D Earth model. We believe their technology will dramatically accelerate the development of the critical minerals the world needs, and we’re excited to help them scale this vision globally.”

Over the past year, Terra AI has demonstrated modeling capabilities on mining and reservoir projects from early exploration through production and has built strong early momentum with a growing roster of commercial customers across copper, gold, REE, and reservoir projects.

Its technology addresses the longest, most capital-intensive, and uncertain phase of subsurface resource development. Terra AI’s modeling will dramatically compress the time and capital required to define deposits and reservoirs, opening ways to assess and develop resources at higher fidelity.

“Successful exploration depends on reducing geological uncertainty and progressing opportunities efficiently,” said Laurel Buckner, VP of Ventures at BHP. “Terra AI’s technology has the potential to improve drill targeting, support faster prospect evaluation, and help explorers focus capital on the highest-value opportunities.”

The capital will accelerate deployment of Terra AI’s generative geological modeling platform across mining, enhanced geothermal, and carbon storage.

To learn more, read Terra AI’s Series A Announcement.

About Terra AI:
Terra AI solves the world’s most critical subsurface problems with cutting-edge artificial intelligence. The company’s patented platform fuses geophysics, geochemistry, and drilling data to generate probabilistic models of the underground–driving faster, more accurate, and lower-cost resource exploration. Backed by Khosla Ventures, BHP Ventures, Rio Tinto, and others, Terra AI is already being adopted in the field and creating value for priority projects with the world’s leading resource companies. Learn more at www.terraai.com.

About Khosla Ventures:
Khosla Ventures is a venture capital firm focused on investments in artificial intelligence, financial services, healthcare, consumer, enterprise, and sustainability sectors. It is known for making early capital investments in startups such as OpenAI, Instacart, Affirm, DoorDash, and Block. https://www.khoslaventures.com/

About BHP Ventures:
BHP Ventures is the in-house venture capital arm of BHP Group Limited. The fund invests in breakthrough technologies, shaping the future of BHP and the global resources industry. BHP Ventures complements the innovation already underway within BHP by enabling new partnerships and creating opportunities to strengthen the company’s portfolio and lower emissions. BHP is a global resources company that produces essential commodities the world needs, including iron ore, copper, steelmaking coal – and soon potash. With operations and projects in over 90 countries around the world, BHP is the world’s largest copper producer.

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SOURCE Terra AI, Inc

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RiderNav Launches Q5 Pro: 22,000-Lumen Auxiliary Lights for Any Motorcycle, with Native BMW Wonder Wheel Control

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SHENZHEN, China, July 29, 2026 /PRNewswire/ — RiderNav today announced the launch of the Q5 Pro Motorcycle LED Auxiliary Lights, a high-output lighting system engineered for adventure and long-distance riders.

Engineered for Real-World Riding

The Q5 Pro delivers 22,000 lumens with a usable throw beyond 200 meters, addressing a critical pain point for riders navigating unlit roads or adverse weather. Its hybrid optical design fuses a long-throw center beam with wide flood spread, illuminating both distant obstacles and nearby road edges. A dedicated yellow daytime running light enhances rider visibility during daylight hours, while an optional Amber Lens Cover converts output to high-intensity amber for fog, rain, and snow conditions.

Smart Control for Every Rider

The Q5 Pro offers two controller options:

RLC CAN-X Controller: For compatible BMW models, connecting through model-specific adapter cables with no splicing required. Riders control four brightness levels using the native BMW Wonder Wheel, sync with turn signals, and trigger strobe alerts with the horn button. Compatible with R1300GS, R1250GS, R1200GS, R1250RT, K1600, F750GS, F850GS, and more.RLC3 Rotary Dimmer: A universal controller for virtually any 12V motorcycle, offering rotary dimming, beam toggling, and hazard flash mode without apps or complex menus.

Built to Endure

The Q5 Pro carries an IP68 rating for full dust sealing and immersion protection. Internal ceramic capacitors resist heat and vibration, while intelligent thermal management automatically reduces power when temperatures exceed 70-75°C, then restores full output once conditions normalize.

“The Q5 Pro represents our commitment to solving real problems riders face,” said the RiderNav team. “This is purpose-built hardware that performs when it matters most.”

Availability

The Q5 Pro bundle is available now at www.ridernav.com from $711.20 USD / €604.94 EUR, with a limited-time launch price. Use code Q5PRO25 for 25% off. All purchases include a 90-day money-back guarantee and two-year launch warranty coverage.

About RiderNav

RiderNav develops purpose-built hardware for motorcycle riders, including riding displays, TPMS sensors, and auxiliary lighting systems. Founded in 2025 and headquartered in Shenzhen, China, RiderNav delivers innovative, reliable solutions that enhance the riding experience worldwide.

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SOURCE RiderNav

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EBANX and Pagaleve blend Pix and BNPL to expand access to installment plans to 60 million consumers in Brazil

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Powered by AI-driven instant credit scoring, the collaboration between both fintechs enables 60 million people without credit cards to pay in installments using Pix, adopted by 170 million consumers—96% of the country’s adult population

SÃO PAULO and CURITIBA, Brazil, July 29, 2026 /PRNewswire/ — EBANX today announced a strategic partnership with Pagaleve to introduce Pix 4x, a Buy Now, Pay Later (BNPL) solution that enables purchases to be split into installments using Pix as the payment method. While installment payments are a decades-long tradition in the largest Latin American economy—practiced by 70% of consumers, per Serasa Experian—this method makes installment purchasing accessible without a credit card, a trend on the rise in emerging markets. It seamlessly blends this deep cultural preference with the immense popularity of Pix, the instant payment system used by 96% of the adult population, giving consumers the power to split purchases into four biweekly installments.

Through Pix 4x, global companies will be able to reach not only the 60 million people who do not own a credit card, according to the country’s Central Bank, but also the significant number of Brazilians who face low credit limits.

“Brazil has one of the world’s most sophisticated payment ecosystems and Latin America’s largest e-commerce market, but millions of consumers have been locked out of installment payments due to credit barriers,” said Sebastian Fantini, Director of Product at EBANX. “By integrating Pagaleve’s risk engine with our global merchant network and Pix’s ubiquity, we’re creating something the Brazilian market has never had: a truly open BNPL platform accessible to any customer, anywhere in the country, that allows them to participate in the global digital economy.”

EBANX analysis based on Payments and Commerce Market Intelligence (PCMI) data projects Brazil’s digital commerce market will reach USD 516 billion by 2028, a 54% growth from the USD 336 billion recorded in 2025.

“The model we’ve built with EBANX breaks down traditional barriers because it doesn’t require consumers to have a credit card or limit available to pay a purchase in installments”, explained Eduardo Zucareli, Chief Commercial Officer of Pagaleve. “That opens the door to three underserved segments that we’re now reaching at scale: consumers without credit cards and those with restrictive credit card limits”.

Brazil’s BNPL market landscape

Brazil’s BNPL sector is experiencing strong momentum, with e-commerce spending projected to reach USD 2.7 billion by 2028, representing an 8% compound annual growth rate from 2024 to 2028, according to PCMI data analyzed by EBANX.

Last year, 47% of transaction value in e-commerce was processed through installments, placing Brazil second among the 15  emerging markets analysed by PCMI, behind only Argentina at 60%.  According to EBANX’s internal data featured in the Beyond Borders 2026 study, installments can boost Average Order Value (AOV) in Brazil by up to 2.7 times. Retailers offering this payment option also recorded an average 20% revenue increase, with SaaS providers experiencing growth peaks of 22.5%.

The technology and its economic impact

At the core of Pix 4x is Pagaleve’s proprietary risk analysis engine, built with machine learning and artificial intelligence algorithms. The system conducts instant credit assessments in under three seconds, evaluating over 100 data points, including products purchased, quantity, amount, seller, customer profile, credit score, device, and IP address.

“This approach delivers approval rates 2-3 times higher than competitors while maintaining a delinquency rate of just 2%, demonstrating the precision of AI-driven risk assessment”, Zucareli noted.

The partnership with EBANX connects this credit intelligence to more than 500 merchants across online retail, gaming, social media, and online education verticals, democratizing access to products and services previously available only to higher-income consumers.

For global merchants, Pix 4x simplifies the complexity of offering installments as a cross-border payment option while removing financial risk. While shoppers pay the first of four biweekly installments immediately at checkout, sellers receive the payment, with Pagaleve assuming 100% of the default risk. This mirrors EBANX’s proven approach in local payments of using advanced technology to extend installments to underbanked consumers, enabling them to access the global digital economy.

According to Pagaleve, one retailer using the platform saw a 40% increase in AOV, and conversion rates rose by up to 20%. Total e-commerce sales increased 5%, with 82% of new shoppers using the solution, proving that the technology serves as both a payment facilitator and a significant growth lever.

“What makes Brazil’s BNPL market unique is how it merges the nation’s long-standing installment culture with modern instant payment infrastructure. This combination creates something powerful: a purchasing behavior Brazilians already trust, delivered through technology they already use daily, and extended to populations that traditional credit never reached,” said Fantini. “This is another success story that positions emerging markets as innovation leaders in the payments industry.”

ABOUT EBANX

EBANX is the leading payments platform connecting global businesses to the world’s fastest-growing digital markets. Founded in 2012 in Brazil, EBANX was built with a mission to expand access to international digital commerce. Leveraging proprietary technology, deep market expertise, and robust infrastructure, EBANX enables global companies to offer hundreds of local payment methods across Latin America, Africa, and Asia. More than just payments, EBANX drives growth, enhances sales, and delivers seamless purchase experiences for businesses and end-users alike.

For further information, please visit:
Website: https://www.ebanx.com/en/
LinkedIn: https://www.linkedin.com/company/ebanx

ABOUT PAGALEVE

Founded in 2021, Pagaleve is a Brazilian fintech specializing in payment solutions, with a focus on installment payments via Pix. The company offers an installment solution with instant, transaction-by-transaction risk analysis, ensuring security for merchants and greater access to credit for consumers. With a business model backed by strategic investors such as Banco do Brasil, OIF Ventures, Sun Hung Kai & Co, Endeavor Catalyst, Salesforce Ventures, and Founder Collective, Pagaleve serves major national and international retailers including SHEIN, Cobasi, Hering, Farm, and Reserva, democratizing access for millions of customers.

For further information, please visit:
Website: https://www.pagaleve.com.br/
LinkedIn: https://www.linkedin.com/company/pagaleve/

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SOURCE EBANX

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Roland DG Announces North American Launch of the EU2-1000MF, Simplifying High-Output Board Production With Direct-to-Board UV Flatbed Printing

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The new EU2-1000MF delivers higher productivity and a more predictable production
workflow for sign and display businesses.

IRVINE, Calif., July 28, 2026 /PRNewswire/ — Roland DG Corporation, the world’s leading provider of digital printing solutions, today announced the North American launch of the EU2-1000MF, a next-generation large-format UV flatbed printer designed to simplify rigid media production by enabling efficient, direct-to-board printing in high-output environments.

Developed for businesses producing signage, retail displays, exhibitions, and interior panels, the EU2-1000MF removes the complexity of traditional roll-to-roll print, laminate and mount workflows. By allowing users to move directly from file to finished board, the new flatbed printer helps reduce manual handling, minimize rework, and deliver a more controlled, reliable production process.

Simplifying Board Production From File to Finished Output

Workflow simplification is at the core of the EU2-1000MF. Direct-to-board UV flatbed printing eliminates multiple production stages associated with roll printing, laminating, and mounting, enabling print businesses to streamline operations while improving consistency and turnaround times.

By reducing labor-intensive steps and material handling, the EU2-1000MF supports a more predictable production workflow, helping operators maintain quality and efficiency even in demanding, high-volume environments.

Built for Production, Designed for Consistency

The EU2-1000MF is engineered for daily, production-scale board printing. Designed to deliver stable output and consistent image quality, it provides a dependable flatbed solution for businesses handling rigid signage, display panels, and decorative applications.

Supporting media sizes up to 48 in. x 96 in. (1,220 mm x 2,440 mm)* and materials up to 3.74 in. (95 mm) thick, the EU2-1000MF accommodates a wide range of rigid substrates, making it suitable for both established flatbed users and screen printers transitioning to digital production.

Higher Output Without Added Complexity

Built with a new high-definition printhead, the EU2-1000MF delivers approximately 1.5 times higher productivity than the previous EU-1000MF, while maintaining image quality and operational approachability. Despite the performance increase, pricing remains unchanged from the outgoing model, offering a clear step forward without disruption.

This balance of higher output and familiar operation enables businesses to increase capacity and efficiency without adding complexity to existing workflows.

“With the EU2-1000MF, we focused on helping print businesses simplify how rigid media work gets done,” said Ryugo Nimura, Executive Officer, Global Sales and Marketing Division, Roland DG. “By moving directly from file to finished board, users can reduce manual steps, improve consistency, and increase output – all while maintaining the stable, repeatable quality needed for daily production.”

A Complete Flatbed Production System

The EU2-1000MF is positioned as part of a complete production ecosystem, combining a UV flatbed printer optimized for rigid and thick materials with VersaWorks 7 RIP software for organized, accurate and repeatable output, new E-US inks that deliver controlled running costs and stable performance, and Roland DG service and warranty support designed for production environments. Together, these elements provide print businesses with a reliable, end-to-end solution for efficient board production.

The EU2-1000MF is available now in the U.S., Canada, and Latin America through authorized Roland DGA dealers.

To learn more about the new EU2-1000MF, visit https://www.rolanddga.com/eu2-1000mf.

* The default setting is 44 in. x 96 in. (1,120 mm × 2,440 mm), and it can be expanded to 48 in. x 96 in. (1,220 mm x 2,440 mm) by a service engineer.

About Roland DG

Roland DG empowers creators and businesses worldwide to Make Your Mark with more than four decades of delivering reliable, innovative digital imaging technology. The company provides advanced solutions that combine hardware, software, supplies, and service to help customers build successful businesses and produce work they are proud to stand behind. Roland DG’s inkjet printers, integrated printer/cutters, milling machines, and other digital fabrication technologies enable applications ranging from signage and interior décor to personalized products and industrial customization. Serving print professionals, manufacturers, entrepreneurs, and makers across industries, the company enables high-mix, on-demand production and enhances performance through connected, cloud-based solutions. Through innovation, craftsmanship and partnership, Roland DG pioneers new ways for customers to be successful with digital technology. To learn more about Roland DG or the complete line of Roland DG products, visit https://www.rolanddg.com/en.

About Roland DG Americas

Roland DGA serves North and South America as the marketing, sales, distribution, and service arm of Roland DG Corporation. Founded in 1981, Roland DG of Hamamatsu, Japan empowers creators and businesses worldwide to Make Your Mark using innovative digital imaging solutions that turn ideas into positive impact. Combining hardware, software, services, and supplies, Roland DG is a global leader in wide-format inkjet printers for sign, textile, industrial, interior design, personalization, and vehicle graphics markets; engravers for awards, giftware and signage; photo impact printers for direct part marking; and milling machines for dental CAD/CAM, parts manufacturing and medical industries. Uniquely designed for high-mix, on-demand production, Roland DG solutions enable print professionals, manufacturers, and entrepreneurs in a variety of industries to elevate their level of craftsmanship, productivity, and profitability. To learn more about Roland DG Americas or the complete Roland DGA product lineup, visit https://www.rolanddga.com.

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SOURCE Roland DGA

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