Loading organizations...
§ Private Profile · Red Hill, Queensland, Australia
Plotlogic is a technology company.
Plotlogic combines cutting-edge sensors and AI to deliver clarity in mining operations, providing high-resolution material characterization in under 15 minutes.
Plotlogic has raised $51.0M across 3 funding rounds.
Plotlogic has raised $51.0M in total across 3 funding rounds.
Plotlogic has raised $51.0M across 3 funding rounds. Most recently, it raised $28.0M Series B in July 2023.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Jul 1, 2023 | $28M Series B | Galvanize Climate Solutions, SE Ventures | Airtree Ventures, Cisco Investments, Dcvc (data Collective), Drive Capital, Energy Impact Partners, Giant Ventures, Innovation Endeavors, Intel Capital, LAM Research Capital, Main Sequence Ventures, MS&AD Ventures, Greg Papadopoulos, RWT Horizons, Space Capital, David Lieb, Marc Benioff, Mark Cuban, Samir Kumar, Bentley Itwin Ventures, GRIDS Capital | Announced |
| Mar 1, 2022 | $18M Series A | Innovation Endeavors | MS&AD Ventures, RWT Horizons, Baidu Ventures, Bentley Itwin Ventures, BHP Ventures, Data Collective, Grid Ventures | Announced |
| Oct 1, 2019 | $5M Seed | — | Dcvc (data Collective), Drive Capital, David Lieb | Announced |
Plotlogic has raised $51.0M in total across 3 funding rounds.
Plotlogic's investors include Galvanize Climate Solutions, SE Ventures, Airtree Ventures, Cisco Investments, DCVC (Data Collective), Drive Capital, Energy Impact Partners, Giant Ventures, Innovation Endeavors, Intel Capital, Lam Research Capital, Main Sequence Ventures.
Plotlogic is a Series B-stage technology company founded in 2018 that develops OreSense®, an advanced sensing platform combining hyperspectral imaging, LiDAR, AI, and machine learning to deliver real-time, high-resolution ore characterization for mining operations.[1][2][3] It serves major global miners like BHP, Vale, South32, and Pilbara Minerals, solving critical problems such as ore/waste dilution, low recovery rates, and inefficient resource mapping by providing decision-ready data in under 15 minutes—far faster than traditional methods that take over an hour.[1][2][3][5] With $46M raised (including a $28M Series B two years ago), Plotlogic has achieved strong growth momentum, scaling from university prototypes to commercial deployments worldwide, earning cleantech awards, and focusing on high-value use cases in sustainable mineral extraction as of 2024–2025.[1][2][6]
Plotlogic emerged from research at the University of Queensland, where early sensing work in 2016 led to the first OreSense® prototype in 2017.[1] The company was formally founded in 2018 by CEO Andrew Job in Zillmere, Australia, with a mission to revolutionize mining through data-driven decisions via IoT and AI technologies.[1][2][4] Key early milestones included MRIWA-funded field trials in 2019–2020 proving tangible value, global beta testing in 2021–2022, cleantech recognition in 2023, and scaling smart mining applications by 2024–2025.[1] This progression from academic innovation to proven commercial platform highlights Plotlogic's rapid transition, backed by investors like Main Sequence Ventures, SE Ventures, and Galvanize Climate Solutions.[2][6]
Plotlogic stands out in mining tech through these key strengths:
Competitors like Veracio offer similar scanning but lack Plotlogic's established global traction and funding scale.[2]
Plotlogic rides the critical minerals boom for energy transition (e.g., lithium, metals for batteries), where demand surges amid supply constraints and net-zero goals.[2][6] Timing is ideal: mining's stagnant, under-innovated practices face ESG pressures, making Plotlogic's real-time tech a game-changer for efficiency, reduced emissions, and profitability in a $1T+ industry.[1][6] Market tailwinds include investor focus on climate tech (e.g., CSIRO's Main Sequence fund) and miners' need for whole-mine optimization amid rising costs.[2][6] By enabling precise extraction, Plotlogic influences the ecosystem, accelerating sustainable mining and supporting global decarbonization without expanding footprints.[1][6]
Plotlogic is poised to dominate ore characterization as mining digitizes, leveraging its Series B to expand platform touchpoints, enter North America, and advance R&D for broader mineral applications.[2][6] Trends like AI integration, ESG mandates, and critical mineral shortages will propel growth, potentially doubling deployments with majors like BHP. Its influence may evolve from niche innovator to industry standard, tying back to its core mission: transforming uncertain mining decisions into confident, sustainable outcomes through data precision.[1][3]