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ACCELERATOR - deep tech

Rio Tinto & Founders Factory Mining Tech Program

  • Applications open

    Capital • 4 months operational support • Perth & Remote

program overview

Investing in technologies to provide the materials the world needs

Rio Tinto is a leading global mining group that focuses on finding, mining, and processing the Earth's mineral resources.

Founders Factory and Rio Tinto are partnering with early stage startups across the world to fund and accelerate technologies shaping the future of mining and expediting the path to a Net Zero future.

Operating from both our hub in Perth and remote, the program offers founders access to Rio Tinto's industrial expertise and advanced mining facilities in Western Australia, in addition to a 4 month cohort-based support program led by expert operators.

go further, faster

Build, fund and commercialise your technology with the backing of Rio Tinto and Founders Factory



Receive cash investment and opportunities for follow-on funding through our investor networks.

Operational Excellence

Operational Excellence

Four months of expert-led programming across product development, operations, commercialisation, data science, partnerships, and fundraising.

Industry Access

Industry Access

Commercial opportunities with Rio Tinto and access to mining facilities and testing grounds in Western Australia.

Community & Network

Community & Network

Connect with our global community of founders, operators and investors at private in-person and online events.

Playbooks & Resources

Playbooks & Resources

Leverage our venture building knowledge, systems and processes to de-risk your startup and increase the probabilities of success.

Deals & Perks

Deals & Perks

Access hand-picked deals, discounts and benefits with leading software and service providers, worth AU$500,000.


Our global deep tech portfolio

  • DronamicsDronamics


     / Series B

    Dronamics is building the first fleet of ultra-efficient long distance cargo drones to transform middle mile logistics.


  • MonolithMonolith


     / Series A

    Monolith is a no-code AI software built for engineers, enabling any engineer to use test data to solve intractable physics problems. ​​


  • JeevanJeevan


     / Pre-Seed

    Jeevan Climate Solutions is developing modular, efficient carbon capture and removal technology that minimizes impact on the environment and powers a new green CO2 circular economy.


  • Materials NexusMaterials Nexus

    Materials Nexus

     / Seed

    Materials Nexus is accelerating R&D for next-generation materials through AI and quantum mechanics


  • ACUA OceanACUA Ocean

    ACUA Ocean

     / Pre-Seed

    ACUA is building hydrogen-powered unmanned ocean surface vessels for collecting ocean data



We're investing in the future of mining

Meet the program team

Join the Rio Tinto x Founders Factory Accelerator