AICrete: Raises $4M in Seed Funding

AICrete Raises $4M in Seed Funding

• AICrete, a Richmond, CA-based platform optimizing local materials for cleaner and more cost-efficient concrete, raised $4m in a seed funding
• The round was led by Clear Ventures and VoLo Earth Ventures with participation from Cortical Ventures
• In connection with their investment, Vijay Reddy, Partner at CLEAR Ventures, and Kareem Dabbagh, Managing Partner of VoLo Earth Ventures, will join the AICrete Board of Directors
• The company provides a platform that works with concrete producers to optimize local materials to minimize their concrete mixture costs and CO2 footprint. for more info
• The company is combining data and AI with automation and robotics, and aims to make these optimizations in real time in the coming years
• These measures also improve the supply chain issues plaguing the industry