EACON Mining is a pioneering autonomous haulage solution company founded in May 2018, with a mission to revolutionize the traditional mining industry through cutting-edge technology. The company's emphasis on autonomous driving and zero-emission truck engineering has resulted in successful implementations in top Chinese open-pit coal mines, leading to 24-hour unmanned driving operations. Partnering with China National Building Material Group, EACON established a groundbreaking fully-automated and zero-carbon Quarry in Fushan, Shandong, showcasing its commitment to eco-friendly practices. EACON's achievements include being the first in China to conduct 24/7 autonomous haulage operations and operate without the need for safety drivers. In 2023, the company expanded its presence by establishing an Australian entity in Perth, WA, signaling its intent to contribute to the global shift towards an autonomous and green future. The recent CNY300.00M Series C investment from Xinghang State-owned Assets Investment, Zhengzhou High-tech Industrial Investment Fund, and Zijin Mining Group further validates EACON's potential for growth and innovation in the mining industry. Overall, EACON's focus on driving autonomy in mining for a safer and cleaner future positions it as a promising player in the evolving landscape of autonomous technology and sustainable mining practices.
Funding Stage | Amount | No. Investors | Investors | Date |
---|---|---|---|---|
Series C | CNY300.00M | 3 | Xinghang State-owned Assets Investment, Zhengzhou High-tech Industrial Investment Fund +1 | 12 Mar 2024 |
Series C | CNY400.00M | 3 | Shenwan Innovation Investment | 17 Nov 2023 |
Series B | Unknown | - | 01 May 2022 | |
Angel Round | CNY60.00M | 1 | Xingtao Investment | 02 Jul 2019 |
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