Conundrum
Revolutionising Metals and Minerals Processing with the Power of AI-Driven Process Control
Revolutionising Metals and Minerals Processing with the Power of AI-Driven Process Control
Conundrum is a United Kingdom based startup founded in 2018. The company's slogan, "Revolutionising Metals and Minerals Processing with the Power of AI-Driven Process Control," encapsulates its mission to leverage AI, Analytics, Automation, Information Technology, and Machine Learning in the metals and mining industry. Conundrum offers a low-code software platform that enables metals and mining companies to implement and deploy AI-powered APC (advanced process control) solutions, addressing challenges in crushing, grinding, classification HC, flotation, and smelting.
The company's solutions focus on enhancing throughput and recovery, improving energy efficiency, and addressing sustainability challenges. They have already delivered several hundred million dollars of profit annually to their customers. Conundrum's approach brings AI to the foundational metals and mining industry, providing a toolset to build enterprise-scale industrial AI applications efficiently. Notably, the company recently secured a $4.00M Series A investment on 01 March 2022, with White Cloud as the investor.
Conundrum's innovative approach and ability to drive profit for its clients position it as a promising player in the industry, drawing recognition from major mining companies that have become its clients.
| Funding Stage | Amount | No. Investors | Investors | Date |
|---|---|---|---|---|
| Series A | $4.00M | 1 |
|
01 Mar 2022 |
| Seed Round | $2.25M | - | 01 Apr 2021 | |
| Seed Round | $1.50M | 1 |
|
25 Feb 2019 |
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