Concrete-Ai Raises $2 Million To Commercialize Data Science Platform That Reduces The Cost And Embodied Carbon Footprint Of Concrete
Concrete-Ai Raises $2 Million To Commercialize Data Science Platform That Reduces The Cost And Embodied Carbon Footprint Of Concrete
01/13/22, 7:00 AM
Location
Money raised
$2 million
Round Type
seed
Concrete-AI today announced it has raised $2 million in a seed financing round with participation by the Grantham Foundation for the Protection of the Environment, a prominent family office and other marquee investors. This financing will accelerate the rollout of Concrete-AI’s pioneering data science platform that uses artificial intelligence (AI) and machine learning (ML) to optimize supply chains and materials selection to bring new efficiencies to the design, proportioning and production of concrete mixtures. Concrete-AI’s platform delivers unparalleled reductions in the cost and embodied carbon of ready mixed and precast concrete used in construction, without any changes in their method of production, the materials used or anything else.