Minnovex

What Minnovex does

Minnovex AG (Asociación Gremial de Empresas para la Innovación y la Exportación de Productos, Insumos y Servicios para el Sector Minero) is a Chilean guild association founded in 2007 and headquartered in Santiago. It functions as an ecosystem aggregator for approximately 50 member organizations spanning mining technology startups (Coddi, SafetyMind, Chucao Tech, PIGNUS, Graiph, Lidenbrock by GEA), SMEs, large enterprises (Emerson, Enaex, Godelius), and academic institutions (AMTC at Universidad de Chile, Pontificia Universidad Católica de Chile, IIT Universidad de Concepción). The association's core function is intermediation: it connects member technology providers with major mining operators through formal collaboration agreements, annual innovation workshops, operational challenge programs, and major industry exhibitions such as Exponor and the World Mining Congress.

Technically, Minnovex does not build products itself; it curates and promotes a portfolio of member-developed mining technologies that include AI-driven predictive maintenance (Coddi), AI-based behavioral safety platforms (SafetyMind's continuous risk-pattern detection, PIGNUS's VR-AI Rehaviour platform), robotics and autonomous inspection systems (SK Godelius's quadruped and humanoid robots for asset inspection), digital twins for tailings and water management (Alaya's TRIIA, Hibring, We Techs), mineral processing optimization (Chucao Tech's Nanolyx oxygen/water technology), and pipeline integrity scanning (Trazado Nuclear). The association also participates in the Centro Nacional de Pilotaje (CNP) consortium, which gives member technologies access to ENAMI's mining facilities for piloting and validation through 2029.

Commercially, Minnovex generates revenue through recurring membership fees from its ~50 member companies and through professional-services income tied to coordinating international trade missions (e.g., Mining Tech Perú 2026 with ProChile). Pricing is not publicly disclosed. Go-to-market is event-driven and relationship-mediated: mining operator engagement is pursued through formal agreements (Codelco, ENAMI), high-profile exhibitions, B2B matchmaking sessions, executive conversatorios, and trade-mission delegations. The association's 2026-2028 board, led by President Tomás Bravo (Chucao Tech) and Vice President Gloria Aburto (SafetyMind), has signaled strategic priorities including deeper mining-tech operator integration, startup empowerment, and internationalization of Chilean mining technology.

Name

Minnovex

Legal name

Minnovex A.G.

Website

https://minnovex.cl

Company type

Private

Founded year

2007

Operating status

Operating

Headcount range

11–50 employees

Short description

Minnovex AG is a Chilean guild association founded in 2007 that aggregates nearly 50 mining technology providers — startups, SMEs, large companies, and universities — and connects them with major mining operators like Codelco, ENAMI, and Antofagasta Minerals through workshops, challenge programs, and international trade missions.

Ownership category

akta.pro rank

Product category

Mining Industry Association Services

NAICS

Support Activities for Mining (2131), Support Activities for Metal Mining (213114)

SIC

Services-Membership Organizations (8600), Metal Mining (1000)

akta.pro primary industry

Exploration & Production Drilling Services (RC, Core, Directional, Sonic, Auger) (IMAKAKAB)

akta.pro secondary industries

Mine Infrastructure & Utilities EPC (Power, Water, Comms, Camps, Roads, Airstrips) (IMAKAOAB), Technical Committees, Working Groups & Expert Panels (BPADANAB)

Keywords

• Mining technology association
• Mining innovation network
• Industry guild services
• Mining matchmaking services
• Mining supplier coordination

Headquarters

HQ city

Santiago

HQ country

Chile

HQ region

Latin America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales

Revenue model

1. Member Association Fees: Minnovex operates as a guild association (Asociación Gremial) that generates revenue through membership fees from its member companies. The association provides networking, matchmaking, internationalization support, and innovation facilitation services to its members.
2. Trade Mission Services: Minnovex organizes and coordinates international trade missions (e.g., Mining Tech Perú 2026) in partnership with ProChile, facilitating business meetings and networking for member companies in target markets.

Go-to-market motion3 records

Distribution channels3 records

Marketing channels4 records

Core offering

Minnovex AG is a Chilean guild association (Asociación Gremial) founded in 2007 that aggregates nearly 50 mining technology providers — including startups, SMEs, large companies, and universities — and facilitates their connection with major mining operators (Codelco, ENAMI, Antofagasta Minerals, BHP, Gold Fields, Albemarle) through workshops, challenge programs, B2B matchmaking events, the Fernando Riveri Prize, and international trade missions. The association coordinates innovation workshops, organizes delegation visits at industry exhibitions (Exponor, World Mining Congress), and partners with ProChile to internationalize Chilean mining tech to markets such as Peru and Australia.

Product overview

Minnovex AG is a Chilean guild association that brings together companies and organizations of scientific and technological base for the mining sector. It is not a product company itself but rather serves as a coordination and networking body for its member companies, which include mining technology providers, engineering companies, startups, and academic institutions. The association facilitates connections between mining companies and technology providers, promotes innovation, internationalization, and collaboration among its members, which collectively offer a diverse portfolio of mining technology solutions including AI-powered safety systems, predictive maintenance, robotics, water management, energy efficiency, training platforms, and digital transformation services.

Differentiator

Problem solved

Functional benefit

Products and services

• Minnovex Guild Association Membership
• International Trade Mission Services

Named customers5 records

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

Seven partnerships are on record, tiered core, major and minor.

• CodelcocoreStrategic or Co-development Partner · 1 June 2026Minnovex has a formal collaboration agreement with Codelco's Corporate Innovation and Technology Management. The partnership includes annual workshops to present operational challenges, working sessions with member companies, and joint planning for technology adoption. In 2026, Codelco launched a new operational challenge focused on preventing unexpected operational shutdowns.
• ProChilemajorGTM or Marketing Partner · 1 June 2026Minnovex partnered with ProChile Perú to organize Mining Tech Perú 2026 commercial mission, including B2B meetings with Peruvian mining executives and a Desayuno Ejecutivo in Lima ahead of World Mining Congress 2026.
• Antofagasta MineralsmajorStrategic or Co-development Partner · 1 April 2026Minnovex organized an encounter between member companies and Antofagasta Minerals executives to discuss operational challenges and opportunities for innovative solutions.
• Aster AceleradoraminorStrategic or Co-development Partner · 1 January 2026Aster Aceleradora, in collaboration with BHP, launched an operational challenge. Chilean startup Coddi (Minnovex member) was selected to participate, specializing in AI-based predictive maintenance for mining.
• AlbemarleminorStrategic or Co-development Partner · 1 January 2026Albemarle participated in a Minnovex-organized conversatorio discussing lithium challenges and mining innovation, with VP Regional LATAM Sebastián Carmona sharing strategic priorities.
• ENAMIcoreStrategic or Co-development Partner · 1 January 2026ENAMI opened its facilities for technology piloting and development through CNP partnership, supporting small and medium mining innovation with 1.9 billion pesos in resources until 2029.
• Centro Nacional de Pilotaje (CNP)coreStrategic or Co-development Partner · 1 January 2023CNP partnership with ENAMI opens state mining facilities for piloting and validating new mining technologies until 2029. Minnovex is an integrated member of CNP alongside Universidad de Chile, Pontificia Universidad Católica de Chile, Universidad Técnica Federico Santa María, and Universidad de Antofagasta.

Scale indicators4 records

Recent moves6 records

Expansion highlights6 records

Broad incumbents

• CRU Group: Global mining and metals consultancy and intelligence provider with a much broader scope than Minnovex, but adjacent in serving as an information and market-access intermediary for the mining value chain.

Others

• Codelco / ENAMI (as ecosystem partners): Chilean state mining companies (Codelco and ENAMI) are customers/partners of Minnovex rather than direct peers, but they anchor the demand side of the mining-tech ecosystem Minnovex aggregates and are critical to its value proposition.

Direct peers

• Global Mining Guidelines Group (GMG): GMG is an international multi-stakeholder organization that develops guidelines and accelerates adoption of innovation in mining. Comparable to Minnovex in facilitating cross-company collaboration and standardizing mining-tech best practices across operators and vendors.
• Mining Equipment & Services Council of Australia (MESCA): Industry body representing Australian mining equipment, technology and services suppliers. Directly comparable membership-association model serving mining-tech vendors and engaging with major mining operators.
• Austmine: Austmine is Australia's peak industry body for mining equipment, technology and services (METS) companies. It is the closest international analog to Minnovex — both are mining-tech trade associations aggregating suppliers, running internationalization programs, and bridging to major mining operators.
• Swedish Mining Innovation: A Swedish national strategic innovation program driving mining industry digitalization and sustainability. Comparable as a publicly-backed mining-tech innovation aggregator bridging industry, academia, and technology providers — analogous to Minnovex's ecosystem role.
• Canada Mining Innovation Council (CMIC): CMIC coordinates mining innovation across Canadian operators, suppliers and researchers. Similar in mission to Minnovex as a neutral convener that connects mining companies with technology providers and research institutions.

Regional players

• Cámara Minera de Chile (Mining Council of Chile): Chile's broader mining industry chamber representing operators and large producers. Related as a Chilean mining industry association, but oriented toward operators rather than the technology/service supplier ecosystem that Minnovex represents.
• Asociación de Industriales de Antofagasta (AIA): Regional industry association in Chile's main mining region. Overlaps with Minnovex in supporting mining suppliers but operates at a regional level rather than as a national mining-tech ecosystem coordinator.
• SONAMI (Sociedad Nacional de Minería): Chilean national mining society representing small and medium-scale miners. Adjacent in scope (Chilean mining industry association) but focused on mining operators rather than the technology and service supplier members Minnovex serves.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/minnovex-ag
• Xx.com/minnovex

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Minnovex