TIMining
Financials
Estimates*
USD | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
---|---|---|---|---|---|---|
Revenues | 2.9m | 4.0m | 7.0m | 9.3m | 14.4m | 17.5m |
% growth | - | 38 % | 75 % | 32 % | 56 % | 22 % |
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
N/A | N/A | Early VC | |
* | $3.8m | Late VC | |
* | $10.0m | Late VC | |
Total Funding | €12.5m |
Recent News about TIMining
EditTIMining specializes in providing advanced mining simulation and data analysis solutions aimed at improving productivity, efficiency, and safety in mining operations. The company serves large mining corporations, offering tools that assist in making better operational, planning, geotechnical, and continuous improvement decisions. TIMining operates in the mining technology market, leveraging high data analysis capabilities, artificial intelligence, and simulation technologies. The business model revolves around corporate agreements and approvals, facilitating timely acquisition and implementation of their software solutions. Revenue is generated through the sale of software licenses and corporate agreements. Key products include Orchestra for loading and hauling process analysis, Delta for automated mine plan spatial compliance, and Tangram for geotechnical monitoring. The company also utilizes Digital Twin technology to create digital models of physical assets, enabling better forecasting and optimization of processes.
Keywords: mining simulation, data analysis, productivity, efficiency, safety, operational decisions, geotechnical monitoring, Digital Twin, artificial intelligence, Mining 4.0.