MineSense Technologies closes Series B round led by Prelude Ventures

MineSense Technologies Ltd, a Canadian provider of real-time, sensor-based bulk ore sorting solutions, has completed a Series B financing. The investment's value was not released. Leading the round was Prelude Ventures, a U.S. venture capital firm focused on climate innovations. Prelude was joined by Export Development Canada, Cycle Capital Management and Chrysalix Energy Venture Capital, which led the company's Series A round in 2013. The Vancouver-based MineSense said it is currently working to commercialize its technology, which is designed to increase resource extraction and metal recovery while reducing costs and environmental impacts.

3 June 2015•5 mins read
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