Thursday, September 29, 2022

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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

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