Plotlogic

Plotlogic

Private
Brisbane, QueenslandFrontier & Industrial Techhttps://plotlogic.com

Last Round

Series B

Jul 31, 2023

Total Funding Raised

$53.46M

Company Overview

Plotlogic is a global technology company founded in 2018 that aims to make mining more sustainable and efficient. The company has developed the OreSense® platform, which combines hyperspectral imaging sensors, artificial intelligence, and LiDAR to provide real-time, high-precision characterization of ore and waste materials. This technology enables mining operators to precisely map ore bodies, allowing for more selective extraction, which increases ore recovery, reduces dilution, and minimizes the hauling and processing of waste rock. By providing actionable data in minutes rather than hours, Plotlogic helps mining companies improve operational efficiency, reduce their environmental footprint, lower energy and water consumption, and enhance safety. The company serves major global mining clients such as BHP, Vale, and South32 and has raised significant venture capital from investors including Galvanize Climate Solutions, SE Ventures, and Innovation Endeavors to fund its global expansion.

Sector

Frontier & Industrial Tech

Verticals

Vertical SaaS, Computer Vision, Sensors, ML Platforms

Business Model

B2B

Customer Profile

Hardware + Subscription, Services & Consulting

AI Layer

Application

Keywords

ore characterizationmine mappinggrade controlhyperspectral imagingmining technologymine techore sensingLiDARAI for miningprecision miningselective miningsensor fusionore grade mappingcleantechcritical mineralstechnology-as-a-serviceTaaSmining APIs

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Plotlogic Comps

Public and private peers based on sector, stage, and business model.

CompanyStatusEst. ValuationRev Multiple
OpenAIPrivate$86.0B~40x
CoherePrivate$5.0B--
Competitor 1Public$XX.XBXXx
Competitor 2Public$XX.XBXXx

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Plotlogic Funding Rounds

Historical fundraising activity

RoundDateAmount RaisedValuationInvestorsSources
Series BJul 31, 2023
Series AMar 21, 2022
AngelApr 30, 2020

Key People

Founding team and executive leadership

Ben Suppe

CFO

Executive Team

Steve Lennard - FAusIMM / GAICD

Chief Operating Officer

Executive Team

Plotlogic Investors

Notable investors and investment history

InvestorRounds
Baidu VenturesSeed, Series A, Angel
SE VenturesSeries B
Innovation EndeavorsSeries B, Series A
Main Sequence VenturesSeries B
Cerity Partners VenturesSeries A
Galvanize Climate SolutionsSeries B
8VCSeed, Angel

Plotlogic Filings

SEC and related filings with document metadata.

TypedDateAmount OfferedAmount SoldFillingPagesDownload
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Plotlogic Filings

SEC and related filings with document metadata.

Frequently Asked Questions

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Firmographic Details

HeadquartersBrisbane, Queensland
Employee Range37
Year Founded2018
Last FundingJul 31, 2023

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