10 Top Mining Startups and Companies to Watch in 2025

Mining startups are innovating how we explore, extract, and manage Earth’s resources by developing technologies that reduce environmental impact and optimize material recovery. From AI-driven exploration and autonomous equipment to sustainable mineral processing and resource recycling, these ventures are addressing long-standing challenges in one of the world’s most resource-intensive industries.

In this article, we spotlight 10 top mining startups and companies to watch in 2025. Selected for their innovation and contribution to a more sustainable mining value chain, these companies are redefining what the future of mining looks cleaner, smarter, and more responsible.

Global Startup Heat Map highlights Emerging Mining Startups to Watch

Through the Big Data & Artificial Intelligence (AI)-powered StartUs Insights Discovery Platform, covering over 7M+ startups, 20K+ technology trends plus 150M+ patents, news articles & market reports, we identified 10 mining tech startups.

The Global Startup Heat Map below highlights the 10 mining tech companies you should watch in 2025 as well as the geo-distribution of 1150 mining startups & scaleups we analyzed for this research.

According to our data, we observe high startup activity in the USA and Singapore, followed by the UK. The top 5 Startup Hubs for mining are Perth, Vancouver, London, New York City, and Singapore.

Meet Emerging Mining Startups to Watch in 2025

We hand-picked startups to showcase in this report by filtering for their technology, founding year, location, funding, and other metrics. These 10 mining startups work on solutions ranging from geochemical analysis and a machinery management platform to mining fleet management and a mine management system.

1. Veracio – Geochemical Analysis
2. Mineural – AI-based Mining Feasibility
3. MinersAI – AI-based Mine Visualization
4. m4mining – Multi-sensor Mine Monitoring
5. coaXion – Machinery Management Platform
6. Hevi – AI-based Contract Administration
7. Ceibo – Copper Leaching Technology
8. KMO-Fleet – Mining Fleet Management
9. NextAV – Satellite-based Mine Monitoring
10. KHA – Mine Management System

1. Veracio

• Founding Year: 2023
• Location: Salt Lake City, Utah, USA
• Use For: Geochemical Analysis

Veracio develops and deploys geochemical analysis technologies that enhance the efficiency and sustainability of mining operations. The startup’s Minalyzer platform utilizes advanced AI algorithms to analyze geological samples.

It combines high-resolution photography, precise topography, and compact XRF core scanning to provide detailed insights into rock quality and composition. This technology automates complex analyses, reducing processing time while improving accuracy and reliability. It also enables geologists to make more informed decisions.

Minalyzer reveals hidden patterns and anomalies not visible to the naked eye, facilitating smarter decision-making and important discoveries. Further, Veracio allows miners to unlock the full potential of their resources while minimizing environmental and social impacts. This contributes to a more sustainable future through better data-driven insights and more efficient workflows.

2. Mineural

• Founding Year: 2023
• Location: Montreal, Canada
• Use For: AI-based Mining Feasibility

Mineural develops and implements AI-driven technologies to enhance mining feasibility, focusing on reducing risks and environmental impacts associated with mineral exploration. Its intelligent resource identification system (IRIS) technology utilizes proprietary AI algorithms to analyze vast datasets.

This includes geological surveys and historical mining records to identify discrete exploration targets. This enables more targeted and efficient exploration efforts by pinpointing areas with high potential for mineral deposits, thereby minimizing unnecessary exploration and reducing operational costs.

Mineural’s technology enhances efficiency, reduces environmental impact, and improves decision-making through data-driven insights. The solution supports sustainable mining practices, helping companies make informed decisions that balance resource extraction with environmental stewardship and financial viability.

3. MinersAI

• Founding Year: 2023
• Location: Boulder, Colorado, USA
• Use For: AI-based Mine Visualization

MinersAI develops and operates an AI-driven platform for geological data analysis and visualization, focusing on enhancing mineral exploration outcomes. The startup’s platform integrates vast amounts of geological, geochemical, and geophysical data, standardizing it to facilitate analysis and AI processing.

MinersAI generates high-resolution mineral probability maps, which provide valuable insights into a region’s mineral potential, enabling clients to make faster, data-driven decisions.

The platform streamlines data integration, facilitates collaboration, and monetizes unused data, which saves time and resources for exploration companies. MinersAI supports the transition to a more sustainable economy by improving the efficiency and success rate of mineral exploration projects. This meets the growing demand for critical minerals while promoting environmentally responsible practices.

4. m4mining

• Founding Year: 2023
• Location: Bergen, Norway
• Use For: Multi-sensor Mine Monitoring

m4mining develops and implements an integrated remote sensing technology for mapping and monitoring active and inactive mining sites. This technology combines hyperspectral and multispectral imaging with 3D surface measurements. It utilizes unmanned aerial vehicles (UAVs) and satellite sensors to identify materials from the mine face to the site scale.

By synergistically unifying UAV and satellite-based processing algorithms, m4mining enables real-time data analysis and decision-making. It enables the dynamic monitoring of mine operations and their environmental impact.

The startup’s technology provides high-resolution data, facilitates interactive decision-making during UAV flights, and integrates seamlessly with satellite workflows for enhanced classification.

Further, m4mining enhances the sustainability of mining operations by improving material sorting, re-mining of secondary materials, and environmental monitoring. This reduces energy consumption and promotes more efficient and environmentally responsible mining practices.

5. coaXion

• Founding Year: 2023
• Location: Wilston, Australia
• Use For: Machinery Management Platform

coaXion develops and implements a machinery management platform that utilizes proprietary algorithms to provide clients with real-time operational and financial intelligence. This enables mine managers to make informed decisions that drive business success.

By integrating Internet of Things (IoT) devices with machine learning, coaXion’s technology offers asset valuation and usage tracking, facilitating innovative finance models such as usage-based lending.

The technology enhances efficiency, reduces costs, and improves asset management, allowing businesses to optimize equipment usage and better manage their balance sheets. coaXion provides actionable insights to the heavy equipment industry, enabling data-driven decision-making. This improves operational efficiency and financial performance for its stakeholders.

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6. Hevi

• Founding Year: 2022
• Location: Sydney, Australia
• Use For: Machinery Management Platform

Hevi develops and implements an AI-powered contract administration platform that manages from tendering to completion. The startup’s platform utilizes AI to analyze contracts, specifications, and standards, providing users with instant insights and explanations through an AI chat feature.

Hevi automates initial tender reviews, monitors site diaries and correspondence to flag potential issues, and manages contract processes with smart workflows.

Further, Hevi’s technology streamlines workflows, mitigates risks, ensures compliance, and enhances collaboration among team members, thereby reducing errors and disputes.

7. Ceibo

• Founding Year: 2021
• Location: Santiago, Chile
• Use For: Copper Leaching Technology

Ceibo develops and implements a novel copper leaching technology that enhances the efficiency and sustainability of copper extraction from sulfide ores. The startup’s proprietary leaching process utilizes electrochemical reactions to catalyze the oxidation of copper in ores, which increases recovery rates compared to traditional methods.

Moreover, Ceibo’s technology utilizes existing infrastructure to reduce implementation time and resource consumption. This offers a more environmentally friendly alternative to traditional concentrators and smelting processes.

The startup’s technology recovers over 70% of copper from chalcopyrite-rich ores, which extends mine life and reduces environmental impact. Ceibo supports the mining industry to meet the growing global demand for copper while promoting sustainable practices. This contributes to a cleaner energy transition by making copper production more efficient and environmentally responsible.

8. KMO-Fleet

• Founding Year: 2022
• Location: Cornwall, UK
• Use For: Mining Fleet Management

KMO-Fleet develops and implements a fleet management system that optimizes the performance of mobile mining fleets. The startup’s system captures detailed motion information, tracks sources and destinations, and provides financial control metrics, including estimated tonnage data. This allows mining operations to make data-driven decisions by utilizing AI to convert sensor data into actionable insights.

KMO-Fleet’s technology is OEM-agnostic, which does not require extensive communication networks, and offers a low-cost subscription model. The startup’s solution improves operational efficiency, reduces costs, and improves decision-making capabilities for mine fleets.

9. NextAV

• Founding Year: 2021
• Location: Sousse, Tunisia
• Use For: Satellite-based Mine Monitoring

NextAV develops and implements advanced satellite-based monitoring technologies that enhance environmental and operational oversight in the mining industry.

Its flagship product, NextAV SR, utilizes AI-driven super-resolution technology to transform public satellite imagery into high-resolution visuals. This provides mining companies with precise insights into excavation progress, equipment usage, and resource extraction.

The enhanced visuals from NextAV’s solution enable early detection of potential hazards such as subsidence or instability. It also tracks compliance with environmental regulations and monitors land reclamation projects.

NextAV’s system automatically detects unauthorized activities, such as illegal mining, ensuring timely intervention and compliance.

The startup thus supports sustainable mining practices by delivering actionable insights that improve operational efficiency, safety, and environmental stewardship. This enables mining companies to make informed decisions that minimize environmental impact and maximize resource utilization.

10. KHA

• Founding Year: 2022
• Location: Indonesia
• Use For: Mine Management System

KHA develops and implements a cloud-based mine management system, focusing on optimizing mining logistics and operations. This platform integrates various features such as fuel monitoring, GPS tracking, equipment management, and budget control. This provides real-time data analysis to enhance productivity and operational efficiency.

KHA’s technology, by utilizing cloud computing, allows for access to critical data on production, equipment health, and personnel safety. The platform, in this way, enables mining companies to make informed decisions and improve overall efficiency.

KHA’s system further facilitates reduced operational costs, minimized downtime, and increased productivity, achieved through customizable solutions tailored to meet specific business needs. KHA supports the digital transformation of mining operations by delivering actionable insights and streamlined processes.