TLDR:
Key Points:
- Purdue University startup Wavelogix receives $3 million investment from Rhapsody Venture Partners.
- The investment will help scale manufacturing and enable nationwide deployment of concrete strength sensors.
Wavelogix, a startup associated with Purdue University, has secured a $3 million investment from Rhapsody Venture Partners. The funding will aid in scaling up manufacturing and facilitating the widespread deployment of their patented concrete strength sensors created by Purdue professor Luna Lu. These sensors, named Rebel, provide real-time data on concrete strength, allowing for more efficient construction processes and reducing the need for frequent repairs.
The concrete strength sensors by Wavelogix have already received accolades such as the 2024 Edison Awards gold honor for critical human infrastructure and recognition from Fast Company and the American Society of Civil Engineers. The technology aims to revolutionize the construction industry by optimizing concrete mix designs, reducing waste, and enhancing the durability of structures.
Rhapsody Venture Partners, specializing in hard-tech investments, sees the potential of Wavelogix’s solution in transforming concrete construction and enabling data-driven decision-making. With this investment, Wavelogix is positioned to make significant strides in revolutionizing the industry with their innovative sensor technology.
