What's Happening?
Digital Catapult has announced a £400,000 investment in Optimal Slope, a deep tech startup focused on transforming open-pit mining into a more efficient and environmentally sustainable industry. This investment aims
to support Optimal Slope's mission to innovate mining practices, potentially reducing environmental impact and increasing operational efficiency. The funding is part of Digital Catapult's broader strategy to support technological advancements in various industries, including manufacturing and mining.
Why It's Important?
The investment in Optimal Slope highlights the growing emphasis on sustainability within the mining industry, which has traditionally been associated with significant environmental challenges. By supporting startups like Optimal Slope, Digital Catapult is fostering innovation that could lead to more sustainable mining practices, potentially reducing the industry's carbon footprint and environmental degradation. This move aligns with global efforts to address climate change and promote sustainable industrial practices, offering potential benefits to both the environment and the economy.
