NOT APPLICABLE, alcemy
€16k
NOT APPLICABLE
More information about location
Software to produce low-carbon concrete
Job no longer available
Software to produce low-carbon concrete
1-20 employees
Job no longer available
€16k
NOT APPLICABLE
More information about location
1-20 employees
Company mission
To make low-carbon concrete a reality, saving costs, bringing production processes up to speed for 21st century concrete recipes, and saving half of Europe’s CO2 emissions.
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Company mission
To make low-carbon concrete a reality, saving costs, bringing production processes up to speed for 21st century concrete recipes, and saving half of Europe’s CO2 emissions.
Our take
Concrete is one of the most-used materials in human society - at around 30 billion tons per year it comes in second only to water. But the processes used in making it date back to the 19th century and release half a ton of carbon dioxide for every ton of concrete produced, accounting for almost 10% of all global emissions. alcemy, a German startup, aims to fix this with an AI-powered quality control process that allows for high quality, low-carbon concrete to be produced at scale.
alcemy is a pioneer in using AI for this purpose, and its machine learning and control technology allows it to stand out in a field which is beginning to attract a lot of attention. alcemy's solution reduces manual intervention by 80% in a process where quality has to be tightly controlled to achieve carbon savings. So far 5 million tons of cement has been produced and 80,000 tons of carbon dioxide has been saved using its software.
Alcemy has recently completed a Series A funding round led by Galvanize Climate Solutions. It will use this funding to expand its software development talent and build a sales team to drive its adoption in the market. In the long term it has the goal of making low-carbon concrete the standard in the EU and to reduce carbon emissions by one billion tons within ten years.
Freddie
Company Specialist at Welcome to the Jungle
Funding (1 round)
Sep 2022
$11.7m
EARLY VC
Total funding: $11.7m
This company has top investors
Leadership
Leopold Spenner
(CEO)Was Technology Scout Intern with Execon Partners. Holds a MSc. in Industrial Engineering from Karlsruhe Institute of Technology and a MSc. in Informatics from Tsinghua University.
Robert Meyer
(CTO)Prior to co-founding alcemy was a Data Scientist at FlixBus.