Mining has historically been an industry where venture capitalists treaded lightly. High innovation costs and long sales cycles made it tough for emerging companies to gain a foothold. But the winds are changing.

With innovations breaking barriers, investors are now seeing the potential. Why? The answer lies in the growing demand for critical minerals like lithium and copper, essential in the shift towards greener energy. A striking forecast by the International Energy Agency estimates a whopping six-fold increase in mineral requirements by 2040 to meet global net zero goals by 2050.

And while VC investment in mining is still in its early stages, 2023 is already outpacing last year with mining tech companies raising over $550 million, compared to the $508 million in the previous year. (Data Source: PitchBook)

For LATAM’s emerging mining tech startups, this isn’t just a trend – it’s a prime opportunity. As the global attention shifts, it’s time for our region to showcase its innovations, talents, and claim a main role in this new landscape.

Alza Mining Tech is addressing this massive window of opportunity. With a unique management team composed of successful mining tech entrepreneur Andrés Rodríguez, top mining executive André Sougarret and expert investor Álvaro Alliende, the US$25 million fund is identifying and investing in promising mining tech companies with proven products and track record. The goal is to help entrepreneurs scale and grow their companies into world class mining providers.

Andrés Rodríguez
Portfolio Manager
Mining Tech