Plotlogic, a leading provider of ore characterization technology, has successfully raised Series B funding co-led by Galvanize Climate Solutions and SE Ventures, with support from existing investors and Main Sequence Ventures. The company’s innovative OreSense® technology, combining sensor stack and artificial intelligence (AI), enables real-time scanning and accurate ore characterization, empowering mining companies to increase mineral extraction while reducing waste.
Plotlogic’s technology has gained global recognition in the mining industry, with customers like BHP, Vale, South32, and Pilbara Minerals benefiting from enhanced output and sustainability. With the new funding, Plotlogic aims to expand its platform to more touchpoints, enhance commercialization efforts, and invest in additional research and development, especially as it seeks to enter the North American market.
Dr. Andrew Job, the founder and CEO of Plotlogic, emphasizes the pressing need for advanced technologies to address the mining industry’s sustainability challenges. Mining plays a crucial role in providing essential critical minerals required for a sustainable future, and Plotlogic’s technology enables mining operations to be more selective, efficient, and environmentally friendly.
Galvanize Climate Solutions and SE Ventures, known for fostering cutting-edge technologies addressing climate change, recognize the transformative potential of Plotlogic’s AI-enabled sensing technology. With the support of these investment firms, Plotlogic aims to contribute significantly to the global transition to a net-zero future by improving the sustainability of mining operations, enhancing ore recovery, and reducing energy usage and waste.
The successful Series B funding will propel Plotlogic towards achieving its vision of sustainable mining practices and meeting the growing demand for critical metals while safeguarding the planet’s environment for future generations.
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