Pitchfest prize money will lay a solid foundation for FPrimeC Solutions, an Ottawa-based startup with a device that can predict the future for concrete structures.
The company’s prototype, Timeshift, uses high-frequency sound waves to gauge the condition and quality of concrete structures. The device can purportedly predict what concrete dams or bridges will look like in three years time, giving a heads up to any potential danger or required maintenance.
“There is nothing like our product in the market,” said co-founder Farid Moradi in a statement.
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“We’re working to bring the most innovative non-destructive testing solutions for cost-effective and reliable assessment of aging infrastructure in Canada and across the world.”
FPrimeC took home $25,000 in seed money at the Spark Centre’s Ignite Startup pitch competition. After two rounds of pitches and from a crop of four finalists, the Ottawa company was declared the winner in a category sponsored by Ontario Power Generation.
The firm will use the seed round to launch Timeshift in a few pilot projects in preparation for commercial use.
Founded in 2015, FPrimeC operates out of Bayview Yards in the Invest Ottawa incubator.