TI Mining

Chile Founded: 2017 • Age: 9 yrs
IoT and digital twin solutions are offered for mining operations.
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About TI Mining

TI Mining is a company based in Chile founded in 2017 by Carlo Calderon Becerra and Nicolas Jubera.. TI Mining has raised $13.8 million across 3 funding rounds from investors including Kayyak Ventures, LarrainVial and Chile Global Ventures. TI Mining operates in a competitive market with competitors including Trimble, Micromine, Maptek, Bidaal and Carlson Software, among others.

  • Headquarter Chile
  • Founders Carlo Calderon Becerra, Nicolas Jubera
  • Sectors
    Technology
    Natural Resources
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Technology → Internet of Things (IoT) & Connectivity
Natural Resources → Mining & Quarrying
Technology → Internet of Things (IoT) & Connectivity
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $13.8 M (USD)

    in 3 rounds

  • Latest Funding Round
    $10 M (USD), Series B

    Oct 17, 2023

  • Investors
  • Employee Count
    Employee Count
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People of TI Mining
Headcount 50-200
Employee Profiles 30
Employee Profiles
People
Susan Andrea Acevedo Castro
Gerente De Productos
People
Christian Eduardo Rozas
Product Consultant Engineer
People
Carlos Apablaza Brito
Lead Software Engineer
People
Erika Barrezueta Delgado
Mining Consultant Manager

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Funding Insights of TI Mining

TI Mining has successfully raised a total of $13.8M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $10 million completed in October 2023. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding
  • Total Rounds 3
  • Last Round Series B — $10.0M
  • First Round

    (19 Aug 2019)

  • Investors Count 5
Date Amount Transaction Name Valuation Lead Investors Investors
Oct, 2023 Amount Series B - TI Mining Valuation Kayyak Ventures
Mar, 2020 Amount Series A - TI Mining Valuation ChileGlobal Ventures , Aurus
Aug, 2019 Amount Series A - TI Mining Valuation Aurus
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in TI Mining

TI Mining has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include Kayyak Ventures, LarrainVial and Chile Global Ventures. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Kayyak Ventures is focused on investing in mission-driven entrepreneurs.
Founded Year Domain Location
Entrepreneurship and innovation are fostered through investment and support.
Founded Year Domain Location
-
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by TI Mining

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - TI Mining

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Ti Mining Comparisons

Employees
+
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Competitors of TI Mining

TI Mining 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 Trimble, Micromine, Maptek, Bidaal and Carlson Software, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Cloud-based positioning solutions are offered for industrial sectors.
domain founded_year HQ Location
Software solutions for mining exploration and operations are provided.
domain founded_year HQ Location
Software solutions for mining industry applications are provided by Maptek.
domain founded_year HQ Location
Cloud-based AIOT solutions for heavy industry monitoring are provided.
domain founded_year HQ Location
Provides specialized software suites for efficient mining operations.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Ti Mining

Frequently Asked Questions about TI Mining

When was TI Mining founded?

TI Mining was founded in 2017 and raised its 1st funding round 2 years after it was founded.

Where is TI Mining located?

TI Mining is headquartered in Chile.

Who is the current CEO of TI Mining?

Phillip Whatmore is the current CEO of TI Mining.

Is TI Mining a funded company?

TI Mining is a funded company, having raised a total of $13.8M across 3 funding rounds to date. The company's 1st funding round was a Series A of $3.8M, raised on Aug 19, 2019.

What does TI Mining do?

TI Mining was founded in 2017 in Chile, focusing on software solutions for the mining sector. IoT and digital twin technologies are utilized in products such as Aris for geotechnical surveillance, SICT for slope construction monitoring, Orchestra for cargo transportation simulation, Tangram for 3D geotechnical modeling, and Holo for holographic geospatial visualization. Services support infrastructure stability and process evaluation, with clients including Teck, Rio Tinto, and KGHM.

Who are the top competitors of TI Mining?

TI Mining's top competitors include Trimble, Micromine and Bidaal.

Who are TI Mining's investors?

TI Mining has 5 investors. Key investors include Kayyak Ventures, LarrainVial, Chile Global Ventures, Aurus, and Fundacion Chile.

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