MineSense

Radically Elevate Mining Profitability and Sustainability

MineSense was founded in 2008, is headquartered in Vancouver, Canada, lists 201–500 employees, and has $89.0M in recorded funding across 5 rounds.

Headquarters
Vancouver
Employees
201–500
Founded
2008
Business Model
B2B
Total Funding
$89.0M
Last Round
$42.0M Series EDec 2022
Rounds
5

Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.

Indexed holds 5 funding rounds and 3 investors for this company. The full record is or through the API.

About

MineSense provides real-time ore grade sensing that installs on mining equipment to scan and estimate the grade of material in every shovel and bucket. Its signature ShovelSense sensors work at the face, while BeltSense technology is used on conveyance at downstream points, maximizing ore and waste control and processing value. Originally conceived at the University of British Columbia and incorporated in 2008, the company helps mines increase recovery, minimize environmental impacts, and expand profitability, with headquarters in Vancouver and a regional South American base in Santiago.

Summary

MineSense is an IoT company based in Vancouver, Canada, founded in 2008. It lists 201–500 employees. It has raised $89.0M in total across 5 rounds, most recently a $42.0M Series E round in Dec 2022. Investors include Chrysalix Venture Capital, JP Morgan Growth Equity and Prelude Ventures.

Tech & App Stack

4 technologies & apps tracked

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Funding History

Series ESeries EDec 2022
$42.0M

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Funding: Series A through Series E. Amounts, valuations, and investors where available.

Investors

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