Funding
Angel financing · AI

MineMind raises USD1 million from mining industry angels

The financing supports AI software for geology and an expansion into mine planning.

By RoundOS Funding desk

MineMind raised USD1 million in angel financing at a reported USD11 million valuation, according to an October 27, 2026 report. Individual investors include Edson Ribeiro, Nicholas “Nick” Fogarty, Francisco Bittencourt and Mauro Sérvulo Delgado Santos.

The company develops AI agents that work inside the software used by geologists and mining engineers. It combines subscriptions with consulting and will use the capital to improve its platform and expand into mine planning. Its team is concentrated in Brazil, with a US corporate presence.

Use of funds

AI platform development

Expansion into mine planning

Funding history

Angel financing · This round$1M

Sources

  1. MineMind raises USD1m from mining industry angelsstartupslatam.com · Oct 27, 2026
  2. MineMind AI platform and teamminemindai.com

Similar rounds

All AI rounds →
Fact Base

Fact Base develops Zumen, cloud software for managing manufacturing drawings and related documents.

¥4.5BSeries D — primary equity and secondary share transfers · Nov 5, 2026
Helium Health Foundation

Helium Health Foundation develops maternal healthcare programmes using AI risk identification and links to clinical care.

$2.5MGoogle.org grant for HeliumMum — funding confirmation · Nov 4, 2026
Transtreams Technology

Transtreams Technology develops video-processing chips and AI hardware for cloud platforms and edge-computing applications.

CN¥1BSeries B · Nov 4, 2026
Supa

Supa acquires local property management firms and equips their teams with technology for maintenance, service charges and building compliance.

£21MSeed financing combining equity and debt · Nov 4, 2026

Related