AI platform for water infrastructure management gains traction with new investment
CRH Ventures has led a Series A investment in VODA.ai.
Founded in 2017, VODA.ai's platform helps utilities to manage aging water infrastructure by providing AI-driven predictive analytics to assess pipe condition and risk across transmission, distribution, and collection systems. To date, the Boston-based company's proprietary platform has analyzed over one million miles of pipe across 26 U.S. states and six countries, enabling utilities to prioritize the protection of critical infrastructure and efficiently allocate resources.
"This investment expands CRH's existing smart water management solutions and represents a significant step forward in our mission to support technologies that make infrastructure smarter, more resilient, and more sustainable," said Eduardo Gomez Mendoza, Head of CRH Ventures. "VODA.ai is a standout innovator in AI-driven asset management that can play a critical role in helping utilities around the world to deliver safe, reliable and clean water to the communities they serve."
The investment will support VODA.ai's growth, expand its R&D capabilities, and accelerate innovation to better serve municipal utilities and private water operators worldwide. It builds on a commercial partnership announced earlier this week between VODA.ai and Oldcastle Infrastructure, CRH's leading water infrastructure business in North America, which will enhance market access and collaboration opportunities.
"CRH brings more than capital - it brings global reach, deep infrastructure expertise, and a shared vision for innovation," said George Demosthenous, CEO of VODA.ai. "We're excited to work together to scale our impact and help utilities make smarter, data-driven decisions."
"This investment in VODA.ai reflects CRH's commitment to supporting transformative solutions that address the world's most pressing infrastructure challenges," added Jason Jackson, President, Oldcastle Infrastructure. "We're excited to support its next phase of growth."
Related News
From Archive
- OSHA issues 16 citations following fatal sewer confined space incident
- 27 pipeline safety violations tied to deadly Pa. chocolate factory explosion
- Contractor gas line strike triggers home explosion in Missouri
- LA recovery reports call for $650 million power line burial, major utility upgrades in Pacific Palisades
- Comprehensive microtrenching FAQ: Key insights on the Vermeer MTR516 microtrencher
- T-Mobile to expand fiber broadband infrastructure footprint with $4.9 billion Metronet acquisition
- First tunnel boring machines complete testing for Hudson Tunnel Project
- NWPX grows water infrastructure portfolio with Colorado precast facility
- Cityside launches $100 million fiber build in Corona, Calif.
- FiberLight to build 1,400-mile West Texas dark fiber network in $350 million expansion
Comments