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AICrete
Concrete manufacturing solutions
- 1-20 employees
- B2B
- Artificial Intelligence
- Sustainability
- Manufacturing
- Robotics
- Construction
- Santa Fe, Richmond, CA
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Company mission
To double profitability of ready-mix and precast concrete producers and reduce their CO2 emissions by up to 35%.
Our take
Concrete is the second most consumed substance on earth after water and is responsible for approximately 10% of CO2 emissions globally. AICrete offers the first ‘recipe-as-a-service’ platform that optimizes local materials for cleaner and more cost-effective recipes for concrete.
AICrete empowers concrete producers with the tools to respond to and improve the supply chain issues which have long plagued the trillion-dollar industry. By using AI, the company claims to be able to reduce emissions by up to 35% - ultimately hoping to achieve carbon neutral concrete by 2050 - whilst doubling profit margins for concrete producers. However, some have argued that the use of concrete, however optimized, should be called into question.
Recent funding will go towards expanding AICrete’s paid proof of concept program to several major concrete producers with the aim to illustrate AICrete’s current and potential capabilities. Meanwhile, the company will continue investing in the development of its ambitious software by improving its machine learning models and developing robotic systems to automate data collection.
Kirsty
Company Specialist at Welcome to the Jungle
Benefits
- Health insurance (medical, dental, vision, and life)
- Equity in a fast-growing startup
- Paid time off
Funding (2 rounds)
Sep 2024
$5m
SEED
Sep 2022
$4m
SEED
Total funding: $9m
Leadership
Dr. Parham Aghdasi
(CEO)Was a Postdoctoral Scholar at the University of California, Berkeley. Previously served as a Research Scientist Assistant at the University of Texas at Arlington.