DELCOR Family Office Participates in Funding Round for Interlate Mining Technology

October 19, 2018

Following successful seed and funding rounds, DELCOR Family Office has participated in Interlate’s current funding round backing the expansion of Interlate into Tier 1 & 2 miners.

Interlate is transforming the mining sector by creating predictable outcomes, reducing operating risk and increasing competitiveness. Interlate does this by harnessing the power of the Industrial Internet of Things (IIoT), tightly integrated with expert human skills and world leading technical innovation.

Interlate is a data business using historical data of a plant to inform and deliver insights in real time, back to the mining companies preventing production interruptions as a focus and taking the lead with unconventional and innovative ways to use the IIoT through world leading technologies.

Interlate simultaneously optimise production output by uncovering hidden value while the expertise of Interlate unlocks the potential for additional cash flow.