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MineSense Technologies
Revolutionizing the global mining industry that is under pressure to deliver more metals with less impact on the environment
About MineSense Technologies
MineSense is a pioneering startup in the digital mining solutions sector. The company has developed a unique technology that provides real-time data on ore grade and characteristics, enabling mining companies to make informed decisions at the extraction face. This technology, known as ShovelSense, is a robust system that can be installed on existing mining equipment to scan and measure the material in every shovel bucket.
The company's primary clients are mining companies that are looking to optimize their operations, reduce waste, and increase profits. By providing detailed ore characteristics and classification at the extraction face, MineSense helps these companies reduce both ore losses and waste dilution at the front end of the process. This, in turn, leads to significant increases in profits and better sustainability performance.
MineSense operates in the mining industry, a market that is increasingly turning to digital solutions to improve efficiency and sustainability. The company's business model is based on selling its hardware and software system, which is enabled by proprietary algorithms.
In addition to selling its technology, MineSense also generates revenue by providing services that help mining companies optimize their operations. These services include helping companies make better routing decisions through the precise definition of ore grade at the truck level, and connecting pit grade to concentrator grade to optimize blending and campaigning decisions.
In summary, MineSense is a digital mining solutions company that provides real-time data on ore grade and characteristics, helping mining companies optimize their operations, reduce waste, and increase profits.
Source: Dealroom company dataAt a glance
- Status
- Operational
- Founded
- 2008
- Headquarters
- Vancouver, Canada
- Employees
- 255
- Open positions
- 11
- Dealroom signal
- 76.8/100
- Industry
- Energy
- Sub-industry
- Clean Energy
- Sector
- Energy, Mining Technologies, Sustainable Development Goals, Climate Tech, Hard Tech, Copper, Horizon Europe, DT and LS, science-based
- Technology
- Deep Tech
- Business model
- Manufacturing
- Client focus
- b2b
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| GRANTOther financing | Jun 2025 | $124K | — | Mining Innovation Commercialization Accelerator | ↗ |
| GRANTOther financing | Jun 2024 | $183K | — | Mining Innovation Commercialization Accelerator | ↗ |
Growth signals
Latest recorded traffic for MineSense Technologies is 25K monthly website visits, up 66.7% over the last three months. MineSense Technologies's team declined 0.4% over the past year.
Similar companies
Company identity and context are open; selected comparison metrics preview what is available on the platform.
Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Seed3 investors entered at this stage
New Ventures BC
Eureka
Mining Innovation Commercialization Accelerator
Series A4 investors entered at this stage
Chrysalix Venture Capital
Prelude Ventures
Aurus
Mitsubishi
Series B and later8 investors entered at this stage
Caterpillar Ventures
Export Development Canada
Cycle Momentum
ABB Technology Ventures
Aurus Technologies
Aberdeen- EDEDC
J.P. Morgan Asset Management
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about MineSense Technologies on X, ranked by likes and reposts, corporate channels excluded.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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