BASF Venture Capital led and investment round in IntelliSense.io. as BASF Mining Solutions partnered with IntelliSense.io on BASF Intelligent Mine.
BASF Intelligent Mine is a platform that leverages AI and is used by the control room to optimize operations.
BASF said the investment and partnership speaks to the growing trend in deployment of AI-leveraging analytics solutions in mining.
“The IntelliSense.io team offers a flexible and future-proof system, which can help to optimize the metal lifecycle from extraction to processing to disposal,” Mark Solibieda, director, BASF Venture Capital, said. “We believe in the IntelliSense.io team and the potential of this technology, and we are happy to support the further development and distribution of this innovative solution with our investment.”
