Displaying items by tag: Giatec
BDC Capital invests US$3.7m in Giatec
23 September 2022Canada: Investment bank BDC Capital has invested US$3.7m in concrete testing technologies supplier Giatec. BDC Capital hopes that the investment will further the development of CO2-reducing technology and AI-based concrete testing.
Giatec CEO Pouria Ghods said "The BDC Capital investment will propel Giatec's expansion into international markets and accelerate our innovation in CO2-reducing technology, moving the concrete industry towards carbon neutrality. BDC has a long history of supporting emerging Canadian cleantech firms in their growth through exports, research and development. We at Giatec are looking forward to working with BDC in our mission to revolutionise the concrete industry and to create yet another success story for the BDC cleantech practice.”
Giatec receives funding for cement-reducing testing software
12 August 2021Canada: Giatec has launched Roxi, an AI testing programme designed to reduce cement use in ready-mix concrete production. The programme combines with Giatec’s proprietary sensing technology. The supplier has received funding from Sustainable Development Technology Canada (SDTC) for Roxi’s development and industrial roll-out.
CEO Pouria Ghods said “Based on two case studies, we estimate that up to 20% reduction in cement usage can be achieved using our technology. With this funding, Giatec will provide a solution that will bring not only economic, but also environmental benefits, by reducing CO2 emissions, air pollution, and water use in the construction industry.”
Canada: Testing specialist Giatec has launched SmartMix, a web-based software product for concrete ingredient optimisation. It is intended to help concrete users lower their cement construction for jobs. The supplier estimates that the tool could lower the CO2 emissions of concrete production by 400Mt/yr, the equivalent carbon footprint of 110m cars.
Head of research and development Andrew Fahim said, “Artificial intelligence (AI), machine-learning algorithms and advanced analytics on construction jobsites are going to pave the path forward for our industry to meet increasing infrastructure demands. I am proud to provide contractors and producers AI tools to make impactful decisions and get ahead of the competition by bringing more value to their customers while reducing the carbon impact of their products.”
Canada: Testing specialist Giatec has launched Roxi, an artificially intelligent (AI) concrete visualisation programme for builders. PR Newswire has reported that Roxi “provides insights regarding the amount of cement that is needed, including the amount that can be removed without compromising the concrete's setting time or strength development,” aiding project completion while diminishing extraneous cement demand.
The company thanked Sustainable Development Technology Canada for its US$1.83m grant towards the development of Roxi, part of the fund’s US$44.6m total contribution to “clean technology projects” so far in 2020.