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Accelerating innovation for the metals and mining industry, sustainably.

Prospect Innovation is a catalyst that addresses critical industry challenges through breakthrough technologies, global cross-sector collaboration and deep industry expertise.

70+ years

of mining expertise powered by the Vimson Group.

800+

founders in our ecosystem.

350M USD+

cumulative funds raised by startups.

What We Do

Acceleration

Turbocharge growth through focused mentorship and resources.

Collaboration

Power innovation by uniting diverse skills and perspectives.

Investment

Fuel success and foster growth via smart, patient capital.

Advisory

Leverage extensive industry expertise to drive transformational change.

Innovation Challenges

Tackle targeted industry problems, igniting creativity and solutions.

Venture Building

Create and grow startups from ideation to success with comprehensive support.

Driving change through cross sector collaboration

Academic & Research Institutions

Mining Companies

Scientists, Technologists & Entrepreneurs

Adjacent Heavy Industries

Financial & Strategic Investors

Governments & Policymakers

Our Portfolio

Leveraging the potential of deep tech innovation to address critical industry challenges across the entire mining value chain.

Energy Generation & Storage

Batteries Energy Storage
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Energy Storage Long Duration Energy Storage
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Energy Storage Long Duration Energy Storage
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Recycling & Recovery

Metal Recovery
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Metal Recovery Valorisation
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Metal Recovery
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Metal Recovery Valorisation
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Metal Recovery Valorisation
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Metal Recovery Valorisation
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Metal Recovery Valorisation
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Metal Recovery Valorisation
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Metal Recovery Valorisation
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Robotics, Mobility & Hardware

Autonomy
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Autonomy
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Robotics
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Autonomy Robotics
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Robotics
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Robotics
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Electro Fracturing
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Hypersonics Rock Breaking
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Data Capture, Analytics & AI

Sensing
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Computer Vision Sensing
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Sensing
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Sensing
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Sensing
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Mapping Sensing
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Sensing
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AI / Analytics Telemetry
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AI / Analytics
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AI / Analytics Computer Vision
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AI / Analytics
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AI / Analytics
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Mapping
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Mapping
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Mapping
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Sustainability & Carbon Capture

Carbon Sequestration Sustainability
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Sustainability
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Sustainability
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Remediation Sustainability
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Carbon Sequestration Sustainability
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Sustainability
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Sustainability
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Remediation
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Remediation
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Synthetic Biology

Synthetic Biology
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Synthetic Biology
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Synthetic Biology
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Prospect Innovation has been instrumental in our growth and success. Their support has empowered us to revolutionize the construction and mining sectors through autonomous technology. I am grateful for our partnership and look forward to further milestones.

Bibhrajit Halder, Ph.D.

Founder & CEO

Prospect is extremely knowledgeable and well connected in the industry. They are leaders in supporting innovative technologies that have the potential to disrupt the mining sector.

Megan O’Connor, Ph.D

Co-founder and CEO

Prospect Innovation is a hub of innovation in a sector that needs new technology and business models to support shifting to a decarbonized future. Over the past few years, their advice, feedback, and connections have helped us grow significantly.

Anthony Balladon

Co-Founder & VP of Partnerships

Want to help us drive innovation and bring about positive change in the mining and metals industry?

GET in touch

Featured Collaborations

World Economic Forum’s open innovation platform to tackle global challenges.

Uplink powers an ‘entrepreneur revolution’ for people and planet by invigorating start-ups with solutions aligned with Sustainable Development Goals. With key partners, it facilitates Innovation Challenges, aiming to source, identify and scale purpose-driven startups.

Mining a brighter and clearer future.

A leading mining company that operates geographically close facilities, including mines and gas production plants, to provide essential resources. They contribute to renewable energy, electric vehicles, sustainable farming, and the global infrastructure and energy transition.

Creating limitless trading opportunities through extensive global reach.

A trading powerhouse that engages in domestic and international trade across a wide range of products, including textiles, machinery, metals, energy, and more, along with investments in Japan and overseas.

Combining over seven decades of expertise with innovation for optimal growth.

Minception is a multidisciplinary consultancy that helps exploration, mining & mineral companies navigate the complexities of today’s mining industry. Built on a legacy-rich foundation, it addresses the present landscape’s challenges with a team of global experts and technical experience.

Paving the way for an autonomous tomorrow.

SafeAI is a leading innovator in retrofitting heavy equipment for autonomous use in mining and construction. It’s open, interoperable systems seamlessly integrate with any software, offering autonomous workflows and retrofit solutions for various OEM brands, while transitioning heavy industry to autonomous worksites.

Join us in this once-in-a-generation opportunity to reshape the future of our planet.

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The Team

Vivek Salgaocar

Founder

Sundar Singh

CTO

Narcinva Ghode

Investment Director

Donna Kitsos

Program Director