EACON (Series C++)
Funding Details
Awarder
SemiNews
Date Award
March 13, 2024
Vertical
Autonomous Driving for Mining
Valuation
$97,300,000
Funding Amount
$44,500,000
Company Info
Organizations Involved
Zijin Mining
Market
Mining
Location
Beijing, China
Coinvestors
Zijin Mining
Company Description

EACON specializes in autonomous driving for mining, offering an OEM-agnostic solution for autonomous haulage and zero-emission truck engineering. They have successfully implemented autonomous truck fleets in four of China's top ten open-pit coal mines, with a total of 304 trucks covering 6.5 million kilometers safely over six years. The majority of these trucks are electric battery and hybrid haulage trucks.

Links