When was MineSense founded?

MineSense was founded in 2008 and raised its 1st funding round 5 years after it was founded.

Where is MineSense located?

MineSense is headquartered in Vancouver, Canada.

How many employees does MineSense have?

As of Feb 28, 2026, the latest employee count at MineSense is 256.

Is MineSense a funded company?

MineSense is a funded company, having raised a total of $133M across 11 funding rounds to date. The company's 1st funding round was a $***** Series A round, raised on Mar 01, 2013.

When was the latest funding round of MineSense?

MineSense's latest funding was a $***** Series E round on Dec 07, 2022, with participation from 6 investors.

Where does MineSense rank among its competitors?

MineSense ranks 1st amongst 3 active competitors, only 1 of which is funded. MineSense, which secured $42M in Dec, 2022.

MineSense - 2026 Company Profile, Funding & Competitors

Company Details

Developer of a mineral sensing platform for large-scale mines. It combine hardware sensors and software analytics to classify ore and waste in real time at the extraction face and on conveyors enabling mines to make precise decisions about where to route material. The solution consists of two systems, shovel based and belt-based systems. Shovel based systems are used for real-time mineral telemetry for surface or underground applications. Belt based systems are used for characterizing and grading the conveyed ore.

Website: minesense.com
Social
Email ID: *****@minesense.com
Phone Number: +1 **********

Key Metrics

Founded Year

2008

Location

Vancouver, Canada

Stage

Series E

Total Funding

$133M in 11 rounds

Latest Funding Round

Series E, Dec 07, 2022, $*****

Investors

Prelude Ventures & 15 more

Ranked

1^st among 3 active competitors

Employee Count

256 as on Feb 28, 2026

Similar Companies

KoBold Metals & 27 more

View MineSense's full profile

MineSense has raised a total funding of $133M over 11 rounds. Its first funding round was on Mar 01, 2013. Its latest funding round was a Series E round on Dec 07, 2022 for $*****. 6 investors participated in its latest round. MineSense has 16 institutional investors.

Here is the list of recent funding rounds of MineSense:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Dec 07, 2022	6102215	Series E	7752264	4286427	2155839	4643938
Sep 17, 2020	7267808	Grant (prize money)	2070891	2165221	8590153	Government of British Columbia
Mar 30, 2020	2318260	Series D	2850419	4230884	7243972	6717208

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View details of MineSense's funding rounds and investors

MineSense's employee count trend

MineSense has 256 employees as of Feb 26. Here is MineSense's employee count trend over the years:

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Top competitors of MineSense include NextOre and Qeqywuy.com. Here is the list of Top 10 competitors of MineSense, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	MineSense 2008, Vancouver (Canada), Series E	Developer of a mineral sensing platform for large-scale mines	$133M	North Sky Capital, MaRS Discovery District ... & 14 others	58/100
2nd	NextOre 2017, Sydney (Australia), Funding Raised	Provider of mineral ore sorting system	-	RFC Ambrian	28/100
3rd	Qeqywuy.com 2025, Unfunded	Developer of computer vision ore sorting technology for the mining industry	-	-	24/100