CyanoGuard has developed and commercialised a next-generation cyanide monitoring solution: a comprehensive digital platform for rapid toxin detection and process optimization in gold mining. The platform enables mining companies to reduce cyanide consumption by 15–20% through improved process control and to save about 20% on detox reagents, while improving recovery rates. Those efficiency gains translate into cost savings and productivity improvements worth several million US dollars per mine per year. The company already counts three of the world’s top ten gold producers among early adopters and has projects with KCGM (Australia), AgnicoEagle (Finland) and Ecolab (Colombia). CyanoGuard plans to further develop its cyanide monitoring and optimization technology and to scale its customer base across the global gold mining industry. The company also participated in Prospect Mining Studio’s inaugural 12-month accelerator program, which supported its product realization and go-to-market efforts. CyanoGuard develops next-generation cyanide detection and monitoring solutions that use a colour-changing sensor to allow both trained and untrained users to test liquid samples without hazardous reagents. Its offerings combine simple chemical sensing with data-driven, connected and AI-based tools for process control and toxicological analyses. The company’s solutions are used in gold mining, where they support process digitization, improved cyanide usage and reduced operating costs and environmental footprint, as well as in food safety and medical applications such as blood, urine or breath testing. CyanoGuard plans to scale its monitoring solutions across global mining operations and to accelerate development of product offerings for healthcare and food-safety markets. The startup emphasizes safer, more efficient industrial process control and claims validated technology applicable to multiple sectors. CyanoGuard was founded in 2016 and is based in Zurich, Switzerland.

Total raised

$4M

Funding rounds

3

Latest round

Seed

Latest activity

Mar 2021