First Investment: 2019
Mining companies use spectral analysis to locate the richest ores and decide where to dig, but that often means sending samples to a lab, with turnaround time measured in hours or days. Australia-based Plotlogic automates the process with machine learning algorithms that analyze hyperspectral data from field cameras in real time — fast enough to guide a power shovel or separate high-quality and low-quality ore as it passes on a conveyor belt.
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