EACON Mining Technology (Equity)
Funding Details
Awarder
SemiNews
Date Award
November 21, 2023
Vertical
Mining Technology
Funding Amount
$55,220,000
Company Info
Traction
EACON has 304 autonomous trucks in operation, covering 4.2 million kilometers autonomously with a strong safety record over five years.
Market
Autonomous Haulage Solutions
Location
Beijing, China
Coinvestors
Richen Capital, Shenyin&Wanguo Capital Management, ESTAR Capital
Company Description

EACON Mining Technology specializes in autonomous haulage solutions for the mining industry. They have successfully deployed 304 autonomous trucks, covering a total of 4.2 million kilometers autonomously with a strong safety record over five years. Their technology aims to revolutionize the mining sector by enhancing operational efficiency and safety.

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