Product Reports Resources Pricing Login Book a demo
COMPANY PROFILE

MineSense Technologies

Explore full profile

Revolutionizing the global mining industry that is under pressure to deliver more metals with less impact on the environment

Vancouver, CanadaFounded 2008Energy
Valuation $250–500M Last recorded · 2022
Headcount 100–500 Current team size
Total funding $100–500M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for MineSense Technologies and the history behind them.

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 data

At 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

Funding history

10 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
GRANTOther financing Jun 2025 $124K — Mining Innovation Commercialization Accelerator ↗
GRANTOther financing Jun 2024 $183K — Mining Innovation Commercialization Accelerator ↗
Showing the latest 2 of 10 recorded eventsBook a demo for the full funding history →

Growth signals

MineSense Technologies website traffic

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.

Latest monthly visits25K 3-month web change+66.7% 1-year team growth-0.4%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

15 investors on the cap table

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
  • EDC
  • J.P. Morgan Asset Management
Team profiled 20 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 3 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
9 countries with
team presence
🇨🇦 Canada65.5%
🇨🇱 Chile22.7%
🇵🇪 Peru5.7%
🇺🇸 United States3.6%
🇮🇩 Indonesia0.5%
Top 5 of 9 shown

Market sentiment

Posts on X, past 7 days

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

See MineSense Technologies’s full profile on Dealroom

Request a free trial to see the complete deal history, financials, people graph and growth signals.

Takes under a minute. Already use Dealroom? Log in.