# Plotlogic Pty.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/plotlogic-pty

- Industry: Electronics
- Headquarters: Australia
- Website: www.plotlogic.com
- Total disclosed funding: $51M
- Latest round: Series B (Jul 30, 2023)
- Investors on record: 11

## About

Based in Australia and founded in 2018 by CEO Andrew Job, Plotlogic Pty Ltd operates as a provider of an (Internet of Things) IoT and (artificial intelligence) AI-based sensor technology for the mining industry. In July 2023, Plotlogic Pty Ltd raised USD 28 million in series B funding co-led by Galvanise Climate Solutions and SE Ventures, with participation from Main Sequence Ventures. Bentley iTwin Ventures, DCVC Bio, GRIDS Capital, and Innovation Endeavors also participated in the round.


Plotlogic Pty Ltd provides OreSense® which uses LiDAR, hyperspectral imaging technology, and machine learning algorithms to produce real-time ore characterization and to identify the location and material properties of rocks in the mine. The company provides OreSense® Digital Assay which is a hyperspectral assaying system that is used for grade control and real-time mineralogical classification; OreSense® Pit Scanning to scan in pits, at stockpiles, and highwalls; OreSense® Over the Conveyor to scan the ore as it travels along the conveyor and to identify deleterious materials or variance in ore quality in real-time; OreSense® Shovel to scan the active ore face in real-time; and OreSense® Platforms to monitor the mining process and to compare the expected ore characteristics with those measured by OreSense®.

## Funding rounds

- Series B, Jul 30, 2023, $28M — Innovation Endeavors, DCVC, Main Sequence Ventures, SE Ventures, Bentley iTwin Ventures, GRIDS Capital, Galvanize Climate Solutions
- Series A, Mar 21, 2022, $18M — Innovation Endeavors, DCVC, Touchdown Ventures, Baidu Ventures, Grid Ventures, Bentley iTwin Ventures, BHP Ventures
- Seed, Oct 25, 2019, $5M — DCVC, GRIDS Capital

## Investors

- DCVC (https://capitalatlas.ai/funds/dcvc) — Seed, Series A, Series B
- GRIDS Capital — Seed, Series B
- Innovation Endeavors (https://capitalatlas.ai/funds/innovation-endeavors) — Series A, Series B
- Touchdown Ventures (https://capitalatlas.ai/funds/touchdown-ventures) — Series A
- Baidu Ventures (https://capitalatlas.ai/funds/baidu-ventures) — Series A
- Grid Ventures — Series A
- Bentley iTwin Ventures (https://capitalatlas.ai/funds/bentley-itwin-ventures) — Series A, Series B
- BHP Ventures (https://capitalatlas.ai/funds/bhp-ventures) — Series A
- Main Sequence Ventures (https://capitalatlas.ai/funds/main-sequence-ventures) — Series B
- SE Ventures (https://capitalatlas.ai/funds/se-ventures) — Series B
- Galvanize Climate Solutions (https://capitalatlas.ai/funds/galvanize-climate-solutions) — Series B