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 8
Date | Title | Description | Source |
14.03.2024 | Autonomous Driving Innovator EACON Secures $44.5 Million in ... | BEIJING, March 14, 2024 /PRNewswire/ -- EACON, a leading company in autonomous driving for mining, h... | en.prnasia... |
29.11.2023 | China's Eacon raises $55M Series C to take its autonomous ha... | The 5-year-old company is China's pioneer in the industry Human haul driving is doomed to become a p... | vator.tv/n... |
22.11.2023 | EACON Mining Technology Secures $55.22M in Funding to Propel... | BEIJING, Nov. 22, 2023 /PRNewswire/ -- EACON Mining Technology, a frontrunner in autonomous haulage ... | en.prnasia... |
21.11.2023 | Eacon Mining Technology Raises $55.22M in Funding | Eacon Mining Technology, a Beijing, China-based provider of autonomous haulage solutions (AHS), rais... | finsmes.co... |
20.11.2023 | Deals in brief: Accelerating Asia invests in ninth startup c... | Accelerating Asia invests in eight startups from latest cohort The early-stage venture capital fund ... | kr-asia.co... |
12.10.2023 | EACON Won Two New AHS Projects | BEIJING, Oct. 12, 2023 /PRNewswire/ -- EACON Mining Technology has won two new projects recently, th... | en.prnasia... |
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 auto... | en.prnasia... |
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