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Semiconductors Series B Founded 2014

Converge

Converge provides concrete monitoring solutions powered by IoT sensors and AI-driven mix insights for the construction industry. Its wireless sensors deliver real-time data on concrete strength and temperature during curing, automating data collection that traditionally relies on manual testing. The platform uses predictive and generative AI to optimize concrete mix selection, design, and performance, helping…

📍 London, United Kingdom · Sensors,

Funding snapshot

Last roundSeries B
Amount$22M
Date21 May 2025
Total raised$41M
Valuation53,627,007 (May 25, 2022)
Team size77

About

Converge provides concrete monitoring solutions powered by IoT sensors and AI-driven mix insights for the construction industry. Its wireless sensors deliver real-time data on concrete strength and temperature during curing, automating data collection that traditionally relies on manual testing. The platform uses predictive and generative AI to optimize concrete mix selection, design, and performance, helping construction teams reduce waste, minimize human error, and accelerate project timelines. By digitizing concrete quality management, Converge enables data-driven decision-making across construction sites. Founded in 2014 and headquartered in London, United Kingdom, the company has raised approximately $40.8 million in Series B funding from investors including OGCI, Climate Investment, ABN AMRO, Entrepreneur First, Martlet Capital, Force Over Mass, and Cambridge Angels.

Business model

Digital Twin > Digital Twin Platforms > Products > Construction > Concrete,

Sensors > Sensor Fusion > Hardware,

Construction Tech > Project Management > Site Monitoring > Quality > Concrete,

MassChallenge Batches > UK > 2015 > Gold

Team background

College Wise > University of Cambridge

Institutional investors

MassChallenge OGCI Climate Investment ABN AMRO Move Energy PI Impact J-Impact Fund Force Over Mass To.org LiFE Ventures Entrepreneur First Martlet Capital Golden Valley Capital Conduit Connect Cambridge Angels

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