Saalg Geomechanics, a Barcelona, Spain-based engineering startup, received an investment from Cemex Ventures.
The amount of the deal was not disclosed.
The company intends to use the funds to launch the first commercial version of the software, which is currently available as a project case version.
Founded by geotechnical engineers Cristian de Santos and Ignasi Aliguer, Saalg Geomechanics has developed Daarwin, a software platform which provides real-time analysis of the behavior of the ground during civil works and large building projects.
Through Machine Learning and Real Time Data Analysis technology, it enables real-time control of civil work projects, increasing safety by anticipating potential catastrophes or substantial changes due to ground movement that are imperceptible at the beginning of the work.
FinSMEs
21/02/2018