Announced
Completed
Financials
Sources
Tags
data analytics
Completed
Canada
Information / Data Services
Productivity Software
Software
Venture Capital
Friendly
Private
Cross Border
Acquisition
Private Equity
Minority
Synopsis
JP Morgan Asset Management, an asset manager for individuals, advisors and institutions, led a $42m Series E funding round in MineSense, a developer of a data analytics platform designed to monitor and improve the productivity and recovery of mines, with participation from Evok Innovations, Prelude Ventures, BDC Industrial Innovation Venture Fund, Cycle Capital and Chrysalix Venture Capital. “MineSense is a distinctive example of how innovative climate technology companies are meeting the challenge of transforming industry to support the low carbon transition. We look forward to partnering with MineSense, and adding value through JP Morgan’s global client network, best-in-class research and data capabilities, and substantial sustainability resources," Osei Van Horne, JP Morgan Co-Managing Partner of Sustainable Growth Equity.
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