Tech Company Financing Transactions

AICrete Funding Round

Clear Ventures, VoLo Earth Ventures and Cortical Ventures participated in a $4 million venture round for AICrete. The round was announced on 9/21/2022.

Transaction Overview

Company Name
AICrete
Announced On
9/21/2022
Transaction Type
Venture Equity
Amount
$4,000,000
Round
Undisclosed
Investors

Clear Ventures (Lead Investor) (Vijay Reddy)

VoLo Earth Ventures (Lead Investor) (Kareem Dabbagh)

Cortical Ventures

Proceeds Purpose
AICrete will use this funding to expand its paid proof of concept program to several key concrete producers to illustrate its current capabilities; expand its database and further improve its predictive machine learning models; as well as, automate data collection through the development of software and robotic systems.

Company Information

Company Status
Private & Independent
Industry
Advanced Materials
Mailing Address
305 Cutting Blvd.
Richmond, CA 94804
USA
Phone
Undisclosed
Website
www.aicrete.com
Email Address
[email protected]
Overview
AICRETE was founded by Parham Aghdasi in 2020 and is located in Silicon Valley. The company aims to reduce both the cost and environmental impact of concrete through a unique "recipe-as-a-service" approach that leverages artificial intelligence (AI), machine learning, and domain knowledge.
Profile
AICrete LinkedIn Company Profile
Social Media
AICrete Company Twitter Account
Company News
AICrete News
Facebook
AICrete on Facebook
YouTube
AICrete on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Parham Aghdasi
  Parham Aghdasi LinkedIn Profile  Parham Aghdasi Twitter Account  Parham Aghdasi News  Parham Aghdasi on Facebook
VP - Administration
Lirong Zhu
  Lirong Zhu LinkedIn Profile  Lirong Zhu Twitter Account  Lirong Zhu News  Lirong Zhu on Facebook
VP - Engineering
Samaria Karimi
  Samaria Karimi LinkedIn Profile  Samaria Karimi Twitter Account  Samaria Karimi News  Samaria Karimi on Facebook
VP - Sales
Michael Fletcher
  Michael Fletcher LinkedIn Profile  Michael Fletcher Twitter Account  Michael Fletcher News  Michael Fletcher on Facebook

 

 

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Next: 9/21/2022: Ply Financial venture capital transaction

 

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