Mariana Minerals, which builds and operates mines using its MarianaOS software platform, raised a $310M Series B, bringing its total funding to $400M (Allie Garfinkle/Fortune)

Summary

Mariana Minerals raised $310 million in Series B funding, taking its total funding to $400 million as it pushes a software-enabled mining model.

Why it matters

This is another sign that venture capital still likes industrial software when it sits on top of a real-world operation with scarce assets and strategic inputs.

Founder/operator read

For founders in infrastructure-heavy sectors, the lesson is to own the workflow and the economics together. Software is stronger when it directly improves throughput, reliability, or access to constrained supply.

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