Finland
Caidio is a Finnish climate tech startup founded in 2018 that focuses on developing data-driven technologies to optimize the quality and productivity of global concrete construction. With a slogan of "Data-driven products for decreasing costs, reducing CO2 emissions, and improving the quality of produced concrete," Caidio aims to make the concrete production industry more sustainable. The company addresses the environmental concerns associated with concrete production, which accounts for 10% of industrial water consumption and 8% of global CO2 emissions.
The latest milestone for Caidio was the $1.50M Seed Round investment on 05 June 2022. This round saw participation from a diverse group of investors including ADB Ventures, MiraclePlus, A & S Beteiligungsgesellschaft, Random Ventures, and AINS Ventures. The investment not only signifies confidence in the potential of Caidio's data-driven products but also provides the necessary capital for the company's further expansion and development.
By leveraging analytics and SaaS, Caidio is well-positioned in the intersection of technology, sustainability, and construction industries. With its headquarter in Finland, Caidio is poised to make a significant impact in the global construction landscape and contribute to the ongoing efforts in reducing the environmental footprint of concrete production.
