Plotlogic
Assembly Line
Mining technology startup Plotlogic Announces $18M Series A
Deep-tech mining startup Plotlogic, whose mission is to improve mining to make it more sustainable, today announced it has raised an $18 million Series A led by Innovation Endeavors. The round included participation from DCVC, which led Plotlogic’s Seed round. Baidu Ventures and GRIDS Capital reinvested, and new investor Bentley iTwin Ventures also participated. The company plans to use the capital to invest in additional research and development, bolster commercialization, and support Plotlogic’s proprietary OreSense® Technology.
Plotlogic’s first commercial product combines LiDAR, hyperspectral imaging technology and advanced machine learning algorithms to produce real time ore characterization and enhance environmental performance.