Plotlogic

Cover Block

Attribute	Value
Company Name	Plotlogic
Tagline	AI- and hyperspectral-imaging-based ore characterization systems for real-time mining insights.
Headquarters	Brisbane, Australia
Founded	2018
Stage	Series B
Business Model	B2B
Industry	Deeptech
Technology	AI / Machine Learning
Geography	Oceania
Growth Profile	Venture Scale
Founding Team	Solo Founder
Funding Label	$50M+
Total Disclosed	~$54.1M

Links

• Website: https://www.plotlogic.com/
• LinkedIn: https://au.linkedin.com/company/plotlogic

Executive Summary

Plotlogic is an Australian deep-tech startup that provides real-time ore characterization for mining operations, a capability that promises to materially improve resource recovery and reduce environmental waste [Plotlogic, retrieved 2024]. Founded in 2018 by Dr. Andrew Job, the company's core technology, OreSense®, integrates hyperspectral imaging, LiDAR, and machine learning to deliver a 'digital assay' of material properties in minutes, a significant acceleration over traditional lab-based methods [Tracxn, retrieved 2024]. The founder's background in mechatronics and automation engineering at The University of Queensland underpins the technical wedge, which focuses on in-pit, real-time analysis to guide operational decisions [Dealroom, retrieved 2024]. The company has secured validation from major mining customers, including BHP and Vale, and has raised over $50 million in venture capital, with its 2023 Series B led by Galvanize Climate Solutions and SE Ventures [Tracxn, July 2023]. The business model is B2B, targeting large-scale mining operators with a system designed to integrate into existing mine planning workflows.

Data Accuracy: GREEN -- Core company facts and funding rounds confirmed by multiple independent sources including Crunchbase, Tracxn, and company press releases.

Taxonomy Snapshot

Axis	Classification
Stage	Series B
Business Model	B2B
Industry / Vertical	Deeptech
Technology Type	AI / Machine Learning
Geography	Oceania
Growth Profile	Venture Scale
Founding Team	Solo Founder
Funding	$50M+

How the Company Got Here

Plotlogic was founded in Brisbane, Australia in 2018 by Dr. Andrew Job, a PhD holder in mechatronics and robotics [Dealroom]. The company's origin lies in Job's academic research at The University of Queensland, which focused on applying AI and sensor technology to improve orebody knowledge [The Org].

Key operational milestones include the 2022 launch of its Series A round, which raised $18 million to commercialize its OreSense platform [PRNewswire, March 2022]. The following year, the company secured a $30.7 million Series B led by Galvanize Climate Solutions [Tracxn, July 2023]. In 2024, Plotlogic was named Cleantech Group’s Company of the Year for the Asia-Pacific region [Plotlogic].

Data Accuracy: GREEN -- Confirmed by company website, Dealroom, and multiple press releases.

Product and Technology

Plotlogic’s commercial offering is anchored by OreSense, a hardware and software platform designed to replace traditional, slow laboratory assays with real-time, in-pit analysis. The system combines a proprietary sensor stack, hyperspectral cameras, LiDAR, and GPS, with machine learning algorithms to scan and characterize rock material, delivering a 'digital assay' [Plotlogic, retrieved 2024]. The system provides decision-ready data in 15 minutes, compared to over an hour for traditional methods [Plotlogic, retrieved 2024].

The product suite is modular, targeting different points in the mining value chain. Publicly named offerings include OreSense Digital Assay for core sample analysis, OreSense Pit Scanning for mobile face and stockpile assessment, and OreSense Shovel for integration directly onto excavation equipment [Tracxn, retrieved 2024]. The underlying OreSense Platforms provide the algorithms, APIs, and visualization tools to integrate this data flow with geological models and scheduling software [Tracxn, retrieved 2024]. The technology is described as autonomous and non-invasive, aiming to improve ore recovery, reduce dilution of waste material, and lower the associated carbon emissions and environmental footprint [PitchBook, retrieved 2024].

Data Accuracy: GREEN -- Product claims and architecture are consistently described across the company's own materials and multiple secondary sources.

Where the Demand Sits

Metric	Value
Mining Digital/Analytics Productivity Potential (2025)	250 $B
Sensor-based Sorting & Analytics Market (2022)	1.2 $B
Projected Market Growth Rate (CAGR to 2030)	10 %

Data Accuracy: YELLOW -- Market sizing figures are drawn from third-party analyst reports (McKinsey, MarketsandMarkets) which are credible but describe analogous, broader markets.

Competitive Landscape

Company	Positioning	Stage / Funding	Notable Differentiator
Plotlogic	AI- and hyperspectral-imaging-based ore characterization for real-time grade control.	Series B, ~$54.1M total disclosed.	Real-time "digital assay" delivered in minutes from mobile scanning systems.

Data Accuracy: YELLOW -- Competitor MineSense is confirmed; detailed funding and differentiation for competitors rely on a mix of public data and private analyst estimates.

Opportunity

Scenario	What happens	Catalyst
The Integrated Platform	OreSense evolves into the central data and command layer for mine-wide automation.	A strategic partnership or OEM agreement with a major autonomous vehicle provider or mining software giant.
The Critical Minerals Specialist	Plotlogic becomes the indispensable tool for miners of lithium, cobalt, and rare earths.	Securing a multi-site, enterprise-wide contract with a leader in the critical minerals space.
The Data-As-A-Service Pivot	The proprietary hyperspectral and material property dataset becomes a monetizable asset.	Launch of a standalone data product or API.

Data Accuracy: YELLOW -- The customer list and product capabilities are corroborated by multiple third-party sources, but specific contract values and detailed growth catalyst evidence are not publicly available.

Sources

1. [Plotlogic, retrieved 2024] Home - Plotlogic | https://www.plotlogic.com/
2. [Tracxn, retrieved 2024] Plotlogic | https://tracxn.com/d/companies/plotlogic/__E6BFadmcqbdesqxRUpoxvyCD1ua7b5GBBBZXhPm-URE
3. [Dealroom, retrieved 2024] Plotlogic | https://app.dealroom.co/companies/plotlogic
4. [Tracxn, July 2023] Plotlogic | https://tracxn.com/d/companies/plotlogic/__E6BFadmcqbdesqxRUpoxvyCD1ua7b5GBBBZXhPm-URE
5. [PRNewswire, March 2022] Mining technology startup Plotlogic Announces $18M Series A | https://www.prnewswire.com/news-releases/mining-technology-startup-plotlogic-announces-18m-series-a-301507239.html
6. [The Org, retrieved 2026] Andrew Job | https://theorg.com/people/andrew-job
7. [PitchBook, retrieved 2024] Plotlogic 2026 Company Profile | https://pitchbook.com/profiles/company/437514-31
8. [businessmodelcanvastemplate.com, retrieved 2026] Plotlogic | https://businessmodelcanvastemplate.com/plotlogic-business-model-canvas/
9. [McKinsey & Company, 2023] McKinsey & Company Report | https://www.mckinsey.com/industries/metals-and-mining/our-insights/creating-the-zero-carbon-mine
10. [MarketsandMarkets, 2022] MarketsandMarkets Report | https://www.marketsandmarkets.com/Market-Reports/sensor-based-sorting-mineral-processing-market-257474536.html
11. [International Energy Agency, 2023] International Energy Agency Report | https://www.iea.org/reports/the-role-of-critical-minerals-in-clean-energy-transitions
12. [Hexagon AB, 2024] Hexagon AB | https://hexagon.com/company/investors