Minnovare
Minnovare is a provider of drilling technology that improves the speed, cost and accuracy of underground drilling.
Backed by
EQUITY on April 17, 2016
About
Minnovare makes the Azimuth Aligner, a device that automates rig alignment—replacing manual processes to improve speed, accuracy and cost-efficiency for drilling operations in mining and civil construction worldwide.
Mission
Minnovare commercialized and achieved product–market fit for its Azimuth Aligner over the past three years. The Azimuth Aligner eliminates manual, labor‑intensive rig alignment processes to deliver faster, cheaper and more accurate drilling for the Mining and Civil Construction industries. The company says it has worked with clients, distributors and suppliers to hone the product and build awareness. With the recently completed financing, Minnovare reports it now has the balance sheet to scale internationally. The company plans further Azimuth Aligner product iterations and to broaden its product portfolio through new technology development. Management frames the business as being at an inflection point as it moves from Australian market focus toward global expansion.
Quick Facts
Founded
2012
Funding
EQUITY
Industry
Mining
Team Size
11-50
Headquarters
Perth, Western Australia, Australia
Careers
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https://jobs.ashbyhq.com/minnovareNo open roles at this time.
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