đź“ť CVector raises $1.5M

Author

Liam Gill
July 28, 2025

News of the Day

Industrial AI startup CVector has raised a $1.5 million pre-seed round led by Schematic Ventures to help manufacturers, energy providers, and utility operators modernize their aging infrastructure. Co-founders Richard Zhang and Tyler Ruggles, with backgrounds in oilfield tech and particle physics, respectively, built a resilient, real-time software platform that overlays legacy systems to provide predictive insights and operational efficiency. Amid increasing industry concern that AI startups may vanish or be acqui-hired, CVector’s founders emphasize long-term commitment and mission alignment to win trust. Already active in chemicals, automotive, and energy sectors, CVector’s small but focused team is now expanding, aiming to become a “brain and nervous system” for critical infrastructure worldwide.

This gold miner, with a pre-money valuation of only C$15 million, is completing a C$2 million pre-IPO equity raise to restart the Gold Road mine in Arizona, USA. The mine and mill, idled since 2021, are in excellent condition to capitalize on current high gold prices. Gold Road is Arizona's only fully permitted integrated gold mill and plans to list on the TSX.V this October. Management aims to reach 20,000 ounces of gold per year by 2025/26. This would generate over US$40 million EBITDA in 2026 and offer a substantial dividend yield paid in physical gold and silver, presenting significant upside from its current low valuation. Learn more. *

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