XtremeX Mining Technology

XtremeX Mining Technology Inc. (XMT) develops and commercializes hybrid coiled tubing drilling rigs, adapting oil and gas technologies for the mining sector. Their patented system offers faster, safer, and more sustainable drilling, improving speed, core recovery, and data quality compared to conventional methods. This enhances mineral exploration and resource delineation.

Buy Funded Startups lists

Funding Round: Series A

Funding Amount: $11M

Date: 14-Jan-2025

Investors: GoGreen Partners, Precision Drilling, Baker Hughes, Mines Venture Fund 1, LP

Markets: Mining Technology, Drilling Technology, Mining, CleanTech

HQ: Bellaire, Texas, United States

Founded: 2022

Website: https://www.xtremexmining.com

LinkedIn: https://www.linkedin.com/company/xtremex-mining-technology

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