About ASI Mining
ASI Mining provides proven OEM-agnostic autonomous solutions for mining equipment, disrupting the industry with a wide range of solutions for various mining vehicles. Their Mobius software platform supervises autonomous vehicles at mine sites, enhancing safety and productivity. ASI Mining ensures compatibility with real-time mine management and optimization solutions, like the partnership with MS4M.
- Headquarter Mendon, United States
- SectorsNatural Resources
- Phone•••• ••••
- Website asimining.com
- Social LinkedIn
- Acquired by Epiroc (May 2024)
- Investors
- Acquired byEpiroc
(May 2024)
Funding Insights of ASI Mining
- Total Rounds 1
- Investors Count 1
All 1 funding rounds of ASI Mining with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun 2018 | – | Seed | – | – |
1 investors in total: 1 institutional.
Investors in ASI Mining
ASI Mining has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Epiroc Group.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Mining and infrastructure equipment is manufactured and supplied globally. | 1873 | epirocgroup.com | Nacka, Sweden |
Investor details for ASI Mining
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of ASI Mining
1 people are tracked at ASI Mining (1 in leadership).
| Name | Role | Group |
|---|---|---|
Mel Torrie | CEO | Leadership |
Complete people profiles for ASI Mining
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of ASI Mining
3 dated milestones of ASI Mining across 12 years, from founding to its latest funding, stage changes and deals.
- Founded ASI Mining is founded.
- Funding First funding round.
- Exit Acquired by Epiroc.
Similar companies to ASI Mining
10 companies that operate in the same segment as ASI Mining (Services for Mining Industry), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Onshore drilling services are provided using programmable multidirectional rigs. | 2011 | Leesburg, Virginia, United States | USD 153 M | USD 210.11 M | 600 | |
Drilling management solutions are provided for the mining sector. | 1933 | Brisbane, Queensland, Australia | – | – | – | |
Mining and infrastructure projects are developed via real estate. | 1902 | Johannesburg, Gauteng, South Africa | – | – | – | |
Oil and gas drilling services are provided worldwide. | 1920 | Tulsa, Oklahoma, United States | – | USD 3.75 B | 7,000 | |
Civil, property construction, quarry, and machinery rental services are provided. | 1977 | Petaling Jaya, Selangor, Malaysia | – | USD 27.77 M | 114 | |
Bulk material handling and mineral processing systems are manufactured. | 1947 | Chennai, Tamil Nadu, India | – | USD 67.25 M | 2,310 | |
Development and exploration company focused on producing coal | 2006 | Gurugram, Haryana, India | – | USD 25.9 M | 574 | |
Drilling services are supplied to mining and mineral exploration sectors. | 1995 | Moncton, New Brunswick, Canada | – | USD 650.49 M | – | |
Provides mineral processing and waste treatment services for the mining and reclamation industries | 2018 | Casper, Wyoming, United States | USD 84.5 M | – | – | |
Mineral deposits are explored and mined by BRM in Indonesia. | 2003 | Jakarta, Jakarta, Indonesia | – | USD 245.28 M | 834 |
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Frequently Asked Questions about ASI Mining
ASI Mining was founded in 2012 and raised its 1st funding round 6 years after it was founded.
ASI Mining is headquartered in Mendon, United States. It is registered at Mendon, Massachusetts, United States.
Mel Torrie is the current CEO of ASI Mining.
ASI Mining provides proven OEM-agnostic autonomous solutions for mining equipment, disrupting the industry with a wide range of solutions for various mining vehicles. Their Mobius software platform supervises autonomous vehicles at mine sites, enhancing safety and productivity. ASI Mining ensures compatibility with real-time mine management and optimization solutions, like the partnership with MS4M.
ASI Mining has 1 investor. Key investors include Epiroc Group.
Yes. ASI Mining was acquired by Epiroc in May 2024.