Established in May 2018, EACON is a leading autonomous haulage solution company that empowers the most traditional mining industry with the most advanced technology. By combining cutting-edge autonomous driving technology with strong on-site operational capabilities, EACON provides a field-proven solution of autonomous haulage and zero-emission truck engineering. The solution has been implemented in top Chinese large-scale open-pit coal mines from CHN Energy and TBEA, conducting 24-hour normalized unmanned driving operations with multiple fleets. In collaboration with China National Building Material Group, EACON has created the first fully-automated and zero-carbon Quarry in Fushan, Shandong. EACON were the first in China to conduct 24/7 autonomous haulage operations as well as the first to operate without the need for safety drivers. In 2023, EACON established its Australian entity in Perth, WA. By leveraging existing experience and establishing a new local team, EACON aims to expand its operations in Australia and contribute to the transition towards an autonomous and green future.
Location: Australia, Western Australia, Perth
Employees: 201-500
Total raised: $152.8M
Founded date: 2018
Funding Rounds 2
| Date | Series | Amount | Investors |
| 14.03.2024 | Series C | $97.3M | - |
| 29.11.2023 | Series C | $55.5M | - |
Mentions in press and media 9
| Date | Title | Description |
| 14.05.2024 | EACON Mining Secures New Contract and Achieves Autonomous Fleet Deployment in 17 Days | BEIJING, May 14, 2024 /PRNewswire/ -- EACON Mining has once again demonstrated its expertise in the field of opencast coal mining with the 6th AHS contract. The latest project is the Shitoumei coal mine with reserves of 10 billion tons and ... |
| 14.03.2024 | Autonomous Driving Innovator EACON Secures $44.5 Million in Series C++ Funding, Surpassing $97.3 Million Raised in 6 Months | BEIJING, March 14, 2024 /PRNewswire/ -- EACON, a leading company in autonomous driving for mining, has secured $44.5 million USD in Series C++ financing, led by Zijin Mining. With the completion of Series C and Series C+ financing, EACON ha... |
| 29.11.2023 | China's Eacon raises $55M Series C to take its autonomous haulage trucks overseas | The 5-year-old company is China's pioneer in the industry Human haul driving is doomed to become a profession of the past, as several pioneers around the world race to scale their autonomous haulage solutions. Among them is China-based Eaco... |
| 22.11.2023 | EACON Mining Technology Secures $55.22M in Funding to Propel Autonomous Haulage Solutions | BEIJING, Nov. 22, 2023 /PRNewswire/ -- EACON Mining Technology, a frontrunner in autonomous haulage solutions (AHS), has successfully closed its C round of equity funding, securing an impressive sum of approximately $55.22 million. Spearhea... |
| 21.11.2023 | Eacon Mining Technology Raises $55.22M in Funding | Eacon Mining Technology, a Beijing, China-based provider of autonomous haulage solutions (AHS), raised $55.22M in funding. The round, which brought the total amount to $62.13M, was led by Richen Capital, with participation from Shenyin&... |
| 20.11.2023 | Deals in brief: Accelerating Asia invests in ninth startup cohort, Pawprints and Wize secure funding, multiple China and India deals, and more | Accelerating Asia invests in eight startups from latest cohort The early-stage venture capital fund and startup accelerator has announced its investment into eight startups joining the ninth cohort of its flagship accelerator program. Accor... |
| 12.10.2023 | EACON Won Two New AHS Projects | BEIJING, Oct. 12, 2023 /PRNewswire/ -- EACON Mining Technology has won two new projects recently, the Gobi Desert No. 2 Coal Mine, a subsidiary of the TBEA Group, and Huolinhe South Coal Mine, a subsidiary of State Power Investment Corporat... |
| 19.07.2023 | EACON to Deploy 100 Hybrid Autonomous Mining Trucks | BEIJING, July 19, 2023 /PRNewswire/ -- On July 18th, EACON, a leading provider of comprehensive autonomous mining technology and haulage services in China, held a launch ceremony for the deployment of 100 hybrid autonomous mining trucks. Au... |
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