Recent Posts
Mining Tech Startup Raises $28 Million Amid Critical Minerals Rush
Australian mining tech startup Plotlogic has raised $28 million in Series B financing asattention grows on the need for greater supply of clean-energy metals and on the environmental costs of extracting them. The round was co-led by Tom Steyer and Katie Hall’s climate investment platform, GalvanizeClimate Solutions, and SE Ventures, the investing firm backed by French energy andautomation giant Schneider Electric.
Four Companies at the forefront of change
Forbes article looking at Australian companies on the forefront of innovation, feature Ploltogic as 1 of 4 companies.
Australian tech companies are jumping on the AI wave: we’ve looked at 20 of the best
Despite the reams of breathless reportage about artificial intelligence and theimpact it will have on the workplace and life in general, there may be a risk theimpact is being underplayed. Much of the attention has been focused over the past year on the large languagemodel AI ChatGPT and its later iteration GPT4, developed by OpenAI, and forgood reason.
BHP turns VC to back mining AI star’s $25m round
Mining giant BHP and former Google chief executive Eric Schmidt’s Innovation Endeavours have tipped $25 million into Brisbane-based Plotlogic, whose AI scanning technology powered the five-year life extension at BHP’s massive Yandi iron ore mine in Western Australia last year. The series A round, first flagged by The Australian Financial Review’s Street Talk, marks the first Australian investment for Innovation Endeavours, which is joined on the investor register by angel investors DCVC, Baidu Ventures and GRID Ventures.
Plotlogic catches the eye of BHP, Google investors
Plotlogic, a mining technology start-up, has raised $25 million to support its OreSense geological mapping technology, benefitting customers such as BHP, Anglo American and Glencore. The fundraising was led by venture capital firm Innovation Endeavours – owned by former Google chief executive Eric Schmidt – and BHP’s dedicated venture capital business unit, BHP Ventures.
Plotlogic scoops up $18M to put hyperspectral imaging to work in the mines
Mining is one of the oldest industries out there, but it has increasingly embraced high-tech methods as demand has increased. Plotlogic uses hyperspectral imaging, a technique generally found in labs and satellites, to add a new layer of data and automation to these crucial but often dated operations.
Cleantech Company of the Year for Asia-Pacific
Australian deep-tech breakthrough Plotlogic named Cleantech Company of the Year for Asia-Pacific
Plotting a cleaner, greener and quicker mining industry
There’s an adage that goes, ‘people don’t want certainty, they want clarity’. What if you could have both? For a miner that would mean you’d know the size of the resource in your orebody as well as the way it would best be processed
Key Climate policy bill through the final hurdle
Martin Keetels, Vice President at Plotlogic says that the climate policy legislation in Australia, the so-called 'safeguard mechanism,' is a great start in reducing emissions from high emission facilities.
Talking Business with Leon Gettler
Talking Business #42 Interview Leon Gettler with Andrew Job from Plotlogic
This Aussie mine-tech reveals where to dig without the waste
This time last year, Aussie mining tech company Plotlogic was just a concept. Now four of the world’s top five top mining companies are on board with its groundbreaking hyperspectral imaging. To break down what that is, and how it boosts the mining industry, Founder Andrew Job talks to ausbiz about the journey to date. The technology uses special imaging sensors to scan mine sites, but the innovation is that the tech spans from exploration right through to extending mine life. And just to tick all boxes, it enables miners to operate far more efficiently, with less wastage and environmental impact - an overdue ESG lens. And so where to from here, from ground zero to an eventual listing? Andrew has big plans.
