MineSense, a Vancouver, BC, Canada-based developer of real-time, sensor-based bulk ore sorting solutions for large-scale, low-grade base and precious metal mines, closed a multi-million dollar Series B financing.
The round was led by Prelude Ventures with participation from Export Development Canada (EDC), Cycle Capital Management, and initial investor Chrysalix Energy Venture Capital.
The company intends to use the funds to commercialize its sensor-based ore sorting systems.
Led by CEO & Founder Andrew Bamber, MineSense Technologies provides real-time, sensor-based bulk ore sorting solutions designed to increase resource extraction & metal recovery while reducing costs & environmental impact. Its mineral sensing platform integrates with shovel and belt-based material handling equipment to provide accurate real-time grade control and ore routing decisions at the point of extraction for maximum resource conversion and metal recovery.