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Today: November 16, 2024
May 28, 2024
1 min read

Wavelogix Lands $3M Investment from Rhapsody Venture Partners


TLDR:

– Wavelogix, a startup in Indiana, secured $3M investment from Rhapsody Venture Partners for concrete strength sensors

– Wavelogix’s patented REBEL Concrete Strength Sensors provide real-time, in-place concrete strength data

Wavelogix, an Indiana-based startup manufacturing novel concrete strength sensors, has secured $3M in Series A funding from Rhapsody Venture Partners, a Cambridge-based venture capital firm that specializes in hard-tech investments. The patented REBEL Concrete Strength Sensors developed at Purdue University is the world’s first-ever, completely BREAK-FREE™, real-time, in-place concrete strength sensing solution. These sensors allow construction engineers to make data-driven decisions, optimizing schedules, reducing costs, and improving jobsite safety. This innovation eliminates the need for small cylinder samples and lab testing, providing accurate strength data directly from the construction site.

Wavelogix’s sensor system has received national recognition, including awards from the Edison Awards, TIME’s Best Inventions of 2023 list, and recognition from Fast Company magazine and the American Society of Civil Engineers. Rhapsody Venture Partners’ investment in Wavelogix will allow the company to scale manufacturing and enable nationwide deployment of the technology. This transformative solution not only accelerates project timelines and reduces quality control errors but also enables data-driven decision-making and optimization of concrete mix designs, leading to more durable structures and reduced carbon footprints.

For more information, inquiries can be sent to Wavelogix’s President, Joseph Turek, at [email protected].


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