MineSense Technologies nets $19 mln in Aurus Ventures-led deal
MineSense Technologies Ltd, a Vancouver provider of data analytics systems for the mining industry, has secured $19 million in a follow-on financing. Chile's Aurus Ventures led the round. It was joined by Caterpillar Ventures, the venture arm of Caterpillar Inc, and existing investors Chrysalix Venture Capital, Cycle Capital Management, Prelude Ventures and Export Development Canada. Founded in 2008, MineSense provides real-time, sensor-based ore sorting solutions that help improve the productivity and environmental footprint of mines. It plans to use the funds raised to commercialize its technology. MineSense is led by President and CEO Jeff More.
15 February 2017•3 mins read
