The Venture Codex

Participated · Equity · Dec 2022

Copperstone Technologies develops and operates HELIX, an amphibious robot designed for environmental monitoring and site investigation of mine waste tailings. The company provides site investigation services including measuring geotechnical parameters, collecting samples, and conducting bathymetric surveys. It primarily operates in North America through a Robotics-as-a-Service (RaaS) segment to perform autonomous and unmanned monitoring and sampling projects. Led by CEO Craig Milne, Copperstone plans to use newly raised capital to expand production, reach new customers, and increase equipment sales. The company also intends to develop new HELIX models capable of tackling more demanding and specialized projects. The article reports a funding event that supports these operational and product development plans.