ALICE Technologies Closes Financing with Future Ventures to Drive Massive Construction Industry Efficiencies Through Artificial Intelligence
ALICE Technologies Closes Financing with Future Ventures to Drive Massive Construction Industry Efficiencies Through Artificial Intelligence
11/10/20, 1:09 PM
Location
menlo park
ALICE Technologies (www.alicetechnologies.com) today announced $4.6 in convertible debt financing led by Future Ventures, bringing total company funding to date to over $25M. ALICE Technologies' AI-powered construction simulation platform is already helping companies around the world generate scenarios and optimize resources for large-scale infrastructure and commercial projects. Clients have used ALICE to optimize more than $15B in construction projects in the last two quarters. Leveraging the expertise of Future Venture's founding team, Maryanna Saenko and Steve Jurvetson, the latest financing will be used to further develop the product, build out the team and attract additional customers worldwide.