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Giatec’s SmartRock is a wireless concrete sensor that provides temperature and strength monitoring. (Photo courtesy of Giatec)
Digital concrete technology platform Giatec has announced a strategic minority investment from specialty chemicals company Sika AG as the two companies aim to revolutionize concrete construction through smart testing technologies and real-time collection and analysis of concrete data, from production and delivery to placement.
Ottawa-based Giatec expects the investment to help accelerate global adoption of its advanced concrete technologies, equipping concrete experts everywhere with the tools to enhance concrete quality, improve durability and promote sustainability throughout the concrete lifecycle.
“Partnering with Sika aligns perfectly with Giatec’s vision of transforming the concrete industry through digital innovation,” said Pouria Ghods, CEO and co-founder of Giatec. “With Sika’s global reach and deep industry expertise, this partnership will enable us to expand further into European and international markets, empowering more concrete producers and contractors with the data-driven insights needed to improve efficiency and reduce the industry’s carbon footprint.”
“This partnership is a significant step toward the future of smart construction,” added Ivo Schaedler, head of construction at Sika. “By leveraging Giatec’s advanced digital technologies, we are providing the construction industry with unparalleled data-driven insights that improve sustainability and performance. Together, we are shaping an intelligent approach to modern construction, driving efficiency while reducing material waste.”
Giatec says the investment marks a pivotal moment in its mission to redefine the future of concrete construction. After being fully bootstrapped since its founding, the company welcomed Heidelberg Materials as its first strategic investor in 2022 in a collaboration that it says laid the groundwork for continued growth and innovation, ultimately leading to this most recent strategic partnership.