Photo - Concrete ai
play_arrow
View
62700

Concrete ai

USA, California
Market: Building, Artificial Intelligence
Stage of the project: Operating business

Date of last change: 18.10.2024
Go to the owner's profile
3
equalizer from 2000
help
Calculated and estimated occupancy of the project (more about ratings)
My rating
1
2
3
4
5
6
7
8
9
10
Average rating:
 

Idea

After 10 years of research at UCLA, we created a genAI solution to help concrete producers become more profitable and sustainable. This is key to building at low cost while protecting the environment.

Current Status

1) We have built the world’s largest concrete dataset, which gives us a competitive edge in the industry.
2) We have secured a patent protecting our core generative AI technology.
3) We have signed 4 major concrete producers as paying clients.
4) We have already deployed our solution at t0 concrete plants across North America.
5) We have optimized more than 3 million cubic yards of concrete.

Problem or Opportunity

As the most used material on Earth, concrete is irreplaceable, but it produces three times more emissions than the aviation industry. Simultaneously, concrete producers are under immense pressure from material shortage, rising cost, and shrinking profit margins (already in the single digits).

Solution (product or service)

Our generative AI solution prescribes the most cost-effective, low-carbon concrete formulations for each construction job, meeting and exceeding all performance targets. Our technology significantly cuts time to market, doubles profit margins, and slashes carbon emissions by 30%.

Business model

We charge producers with a subscription fee that typically accounts for a quarter of the savings they are able to generate.

Incubation/Acceleration programs accomplishment

- Venture Accelerator at UCLA Anderson
- Google for Startups
5,00
1
2
3
4
5
1 voice
Sign in/Sign up
arrow_back
EN
more_horiz
close
visibility101
star0
Add to favorites
Delete from favorites
share
close
thumb_up0
Like
Unlike
Idea
Current Status
Market
Problem or Opportunity
Solution (product or service)
Competitors
Advantages or differentiators
Finance
Invested in previous rounds, $
Business model
Money will be spent on
Offer for investor
Team or Management
Mentors & Advisors
Lead investor
Risks
Incubation/Acceleration programs accomplishment
Won the competition and other awards
Invention/Patent
Product Video
Presentation