MineSense Closes $18 Million financing

MineSense Technologies has closed a US $18 million equity financing to position itself for full commercial launch. Led by Prelude Ventures, the round included industry leaders Caterpillar, Mitsubishi Corporation and new investor ABB Technology Ventures (ATV), ABB’s strategic venture capital unit.

LaBarge Weinstein acted as counsel to Prelude Ventures with a team that included Randy Taylor and Kyle Lavender.

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