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Giatec® Secures $5M In Investment From Bdc Capital’s Cleantech

Sep 20, 2022almost 3 years ago

Amount Raised

$5 Million

OttawaSoftware

Description

BDC Capital invests in Giatec, a global leading cleantech company, to further CO2-reducing technology and AI-based concrete testing.

Company Information

Company

Giatec

Location

Ottawa, Ohio, United States

About

Giatec's vision is to revolutionize the concrete industry. Combining wireless concrete sensors and mobile apps, Giatec has developed smart IoT-based technologies [https://www.giatecscientific.com/product/] for real-time monitoring of concrete properties such as temperature, humidity and strength. This provides critical information to contractors so they can make efficient and informed decisions on the jobsite, ultimately saving time and money. Ready-mix producers also leverage the Giatec cloud solution that gives them access to field concrete performance data in order to optimize their mix designs. Giatec has also developed advanced non-destructive testing (NDT) technologies for the durability-based performance analysis of concrete materials and the accurate condition assessment of infrastructure including electrical resistivity method and corrosion rate measurement. These products help engineers better manage civil infrastructure by allowing them to schedule maintenance, rehabilitation and replacement operations more efficiently.

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