ALICE’s AI Investment: Impact on Construction

If you have been following the tech space closely, then you know—like we do—the IoT (Internet of Things) and AI (artificial intelligence) have the potential to drive economic value in the trillions by 2025. That’s why when I was scrolling the wires last Tuesday and saw ALICE Technologies’ latest announcement, I stopped to take a closer look.

If the news didn’t cross your inbox last week, let me catch you up now. ALICE Technologies announced $4.6 million in convertible debt financing led by Future Ventures, bringing the total company funding to date to more than $25 million.

ALICE model

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Balaji Hume pipes

Hume pipes

RCC Hume Pipes

Reinforced Concrete Cement Pipes

RCC Manhole Covers

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