EACON Mining logo — Driving Autonomy in Mining For a Safer and Cleaner Future

EACON Mining

Driving Autonomy in Mining For a Safer and Cleaner Future

Founded 2018 Australia Australia 26 employees Series C Total: $760.00M IT, Autonomous and Sensor Tech

General Information

Company Name EACON Mining
Founded Year 2018
Location Australia Australia +2
Employees 26
Industries IT, Autonomous and Sensor Tech
Funding Stage Series C
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About EACON Mining

EACON Mining, established in May 2018, is positioned as a trailblazer in the autonomous haulage solution industry, spearheading initiatives to make the mining sector safer and more environmentally friendly. Emphasizing its commitment to innovation, the company merges cutting-edge autonomous driving technology with robust operational capabilities, offering field-proven solutions characterized by autonomous haulage and zero-emission truck engineering.

EACON's pioneering solutions are operational in major Chinese open-pit coal mines, including those of CHN Energy and TBEA. A notable achievement is its collaboration with China National Building Material Group to establish China's first fully automated and zero-carbon quarry located in Fushan, Shandong. These efforts underline EACON's status as the first company in China to execute true 24/7 autonomous haulage operations without safety drivers.

Expanding its global footprint, EACON established an entity in Perth, WA, in 2023, targeting the burgeoning Australian market. The company's recent CNY300.00M Series C round, backed by prominent investors such as Xinghang State-owned Assets Investment, Zhengzhou High-tech Industrial Investment Fund, and Zijin Mining Group, underscores strong investor confidence and commitment to advancing a green and autonomous future in mining.

Taxonomy: Autonomous Haulage Solutions, Zero-Emission Truck Engineering, Mining Technology, Autonomous Driving Systems, Open-Pit Mining Automation, Safety in Mining Operations, 24/7 Unmanned Operations, Autonomous Mining Trucks, Operational Safety Innovations, Communication Network Solutions, Fleet Management, Cost-Efficiency in Mining, Zero-Carbon Quarry, Coordination Systems in Mining, Autonomous Transportation Solutions

Funding Rounds & Investors (4)

View All
Funding Stage Amount Investors Lead Investors Date
Series C •••••• 3 •••• •••• 12 Mar 2024
Series C •••••• 3
Investor Investor
•••• ••••
17 Nov 2023
Series B •••••• - 01 May 2022
Angel Round •••••• 1 •••• •••• 02 Jul 2019

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FAQ About EACON Mining

Driving Autonomy in Mining For a Safer and Cleaner Future
EACON Mining was founded in 2018.
EACON Mining is headquartered in Australia.
EACON Mining operates in the following industries: IT, Autonomous and Sensor Tech.
EACON Mining has approximately 26 employees.
EACON Mining has completed 4 funding rounds, raising a total of $760.00M. The latest funding stage is Series C.
Top alternatives and competitors to EACON Mining include Pronto, Autowise.ai, EasyMile, Fusionride, VisLab. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
EACON Mining and Pronto are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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