Last updated 2026-06-18
- Raised $1M funding round, Oct 2003
Total raised
$1.0M
Last: 2003-10
Stage
Mature
Founded
1996
Headcount
6
HQ
Yavne, Israel
Sector
Industrial Technologies
About
Concretec develops and markets the Contest-8, a technology based on the company's patented method and apparatus for monitoring, setting, and hardening characteristics and forecasting the strength of cementitious and bonding materials. The company's technology is based on the nuclear magnetic resonance effect, which is currently utilized in various medical and industrial fields. The device can be used throughout the cement production process and is capable of returning results within minutes. The company also provides consultancy services for incorporating its technology into a variety of construction materials and project applications.
Funding history · 1 round · $1.0M total
2003-10
$1.0M
Q&A
- What is Concretec's primary business?
- Concretec develops and markets the Contest-8, a technology for monitoring, setting, hardening characteristics, and forecasting the strength of cementitious and bonding materials. The company also provides consultancy services.
- When was Concretec founded?
- Concretec was founded in November 1996.
- What is the current status of Concretec?
- Concretec is currently inactive and ceased to operate in May 2020.
- How much funding has Concretec raised in total?
- Concretec has raised a total of $1,000,000.
- When was Concretec's last funding round and who invested?
- Concretec's last funding round occurred in October 2003, with investment from NewBold Intertrade.
- What technology is Concretec's Contest-8 based on?
- Concretec's Contest-8 technology is based on the nuclear magnetic resonance effect.
- Who are the co-founders of Concretec?
- The co-founders of Concretec are Shimon Boiko, David Shtakelberg, and Boris Vilge.
Team · 3
Founder · Co-founder & Chairman
Founder · Co-founder & Project Manager
Sectors & technology
Primary sector
Industrial Technologies
Sub-sectors
Industrial TechnologiesMaterial Innovations & Applications
Technologies
SensingElectro-Magnetic
Target customers
Real Estate & Construction
Business model
B2B
Highlights
1 Patents
Tags
materialsconstructionmonitoring
Full data — links, identifiers, deals & radar signals (jobs, patents, research, more)
Identifiers & details
| Founded | 1996-11 |
|---|---|
| Employees (exact) | 6 |
| Status reason | Non Active, May 2020 ceased to operate |