ThoroughTec

Durban, South Africa Founded: 1995 • Age: 31 yrs Acquired By Sandvik
Simulator solutions are provided for the mining industry.
Annual revenue - Latest available
Total funding - 1 rounds
Employees - Tracked headcount
Investors 2 Known backers
Products 5 Services tracked
Competitors 9 Brand Intelligence

About ThoroughTec

ThoroughTec is a company based in Durban (South Africa) founded in 1995 was acquired by Sandvik in February 2026. ThoroughTec offers products and services including Haul and Dump Trucks Simulator, Shovel and Excavators Simulator, ARFF Simulators, Full Mission Simulators, and Operator Training Systems. ThoroughTec operates in a competitive market with competitors including Immersive Technologies, Mevea, Tecknotrove, GembaPro and EXO Insights, among others.

  • Headquarter Durban, South Africa
  • Sectors
    Natural Resources
  • Email
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  • Phone
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  • Website
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  • Social
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  • Legal Name Thoroughtec Simulation (Pty) Ltd
Operational Areas
Natural Resources → Mining & Quarrying Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Latest Funding Round
    Not available
  • Investors
    Sandvik

    & 1 more

  • Employee Count
    Not available
  • Acquired by
    Sandvik

    (Feb 12, 2026)

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Products & Services of ThoroughTec

ThoroughTec offers a comprehensive portfolio of products and services, including Haul and Dump Trucks Simulator, Shovel and Excavators Simulator, ARFF Simulators, Full Mission Simulators, and Operator Training Systems.

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Category locked
Primary

Training system for operating haul and dump trucks in mining

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Simulator for shovel and excavator operations in industrial settings

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Full-motion simulators for aircraft rescue and firefighting training

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Systems for training on cranes and earth-moving equipment

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Tools for procedural and tactical training in defense scenarios

Funding Insights of ThoroughTec

Investors in ThoroughTec

ThoroughTec has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include Sandvik and Medu Capital.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Medu Capital is engaged in capital investment for businesses.
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Mining and construction equipment tools are manufactured and supplied.
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Investor details for ThoroughTec

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Investments & Acquisitions by ThoroughTec

Investments
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Investment portfolio details for ThoroughTec

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Financial Statements - ThoroughTec

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Detailed financials for ThoroughTec

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Thoroughtec Comparisons

ThoroughTec Primary company
Description
Simulator solutions are provided for the mining industry.
Location
Durban, South Africa
Founded Year
1995
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for ThoroughTec

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Competitors of ThoroughTec

ThoroughTec operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Immersive Technologies, Mevea, Tecknotrove, GembaPro and EXO Insights, among others.

Company Name Domain Founded year HQ Location Description
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Operator training simulators for mining equipment are provided.
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Simulator technology is provided for the mining industry.
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Develops and manufactures simulation solutions for critical training in aviation, defense, and mining.
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E-learning software is offered for upskilling industrial equipment operators.
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Virtual environments are simulated for research, training, and process optimization.
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Detailed competitors of ThoroughTec

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Latest news on Thoroughtec

Thoroughtec signs distribution deal with IMT
Miningmagazine4 years ago
Hitachi added to list of ThoroughTec simulators
Australianmining4 years ago
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Complete news archive for ThoroughTec

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Frequently Asked Questions about ThoroughTec

ThoroughTec was founded in 1995 and raised its 1st funding round 19 years after it was founded.

ThoroughTec is headquartered in Durban, South Africa. It is registered at Durban, Kwazulu-natal, South Africa.

ThoroughTec was founded in 1995 and is headquartered in Durban, South Africa. Simulator products for the mining sector are offered, categorized into cybermine, cyberquip, cyberwar, and others, with further divisions into surface and underground applications. Operations are conducted worldwide to support training and simulation needs in the industry.

ThoroughTec's top competitors include Immersive Technologies, Tecknotrove and GembaPro.

ThoroughTec offers Haul and Dump Trucks Simulator, Shovel and Excavators Simulator, ARFF Simulators, Full Mission Simulators, and Operator Training Systems.

ThoroughTec has 2 investors. Key investors include Sandvik, and Medu Capital.

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