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Portfolio Showcase: Aren
October 5, 2020 @ 1:00 pm - 2:00 pm
Join Shadow Venture’s newest investment Aren and their founders Ali Khaloo and Edgar Martinez Ceja to learn more about how they are helping solve our global infrastructure challenge.
Our bridges and infrastructure are failing and woefully behind on repairs and inspections. Of the roughly 600,000 bridges in the US, 231,000 need major repairs, and 46,000 are classified as structurally deficient. According to a recent ARTBA report, there are 178 million bridge crossings happening every day over structurally deficient bridges in poor condition. It would take us an estimated 50 years to fix these structurally deficient bridges at the current processes and technology. This is an issue of public safety that must be addressed and can be solved with new technology and a commitment to innovation.
Aren is an AI infrastructure and 3D visualization platform for engineering firms and infrastructure owners to quickly understand the assets’ health. Aren’s vision is to improve the resiliency of infrastructure and optimize spending. They aspire to tackle all infrastructure verticals beyond bridges and building facades. Aren’s SaaS-based platform utilizes raw data to automatically create high-resolution 3D visualizations and digital twins of the asset. It then deploys an AI engine to conduct a health assessment of that asset.