# I-ROX

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/i-rox

- Industry: Mining
- Headquarters: Toulouse, France
- Website: www.ipulse-group.com
- Total disclosed funding: $12M
- Latest round: Series A (Nov 28, 2022)
- Investors on record: 1

## About

Based in Toulouse, France, and founded in 2022, I-ROX SAS, a.k.a. I-ROX operates as a mining metal ore company that focuses on providing a grinding process to extract valuable minerals from ores. The company is currently located on the premises of I-Cube Research, a 100-person company from Toulouse belonging to the I-Pulse group that develops industrial applications of High Pulsed Power (HPP). In November 2022, I-ROX raised EUR 12 million in venture funding from Breakthrough Energy Ventures. As of November 2022, Dr. Mahadevan Krishnan is the Head of Technology and Innovation at I-ROX.

The company is developing a technology to replace several stages within the grinding process and thereby decrease power usage to the levels miners require as they strive to achieve their carbon reduction and neutrality targets. The technology will deliver high-intensity bursts of energy using pulsed-power technology that can efficiently shatter rocks and mineral ores.

I-ROX plans to use its proceeds from November 2022 funding to support the approach to drive particle size reduction for advancing the technology to commercial-scale applications.

## Funding rounds

- Series A, Nov 28, 2022, $12M — Breakthrough Energy Ventures

## Investors

- Breakthrough Energy Ventures (https://capitalatlas.ai/funds/breakthrough-energy-ventures) — Series A