DuraMon

DuraMon is a Switzerland-based startup that focuses on providing structural health corrosion monitoring solutions, addressing the limitations in the service life of reinforced concrete structures caused by corrosion. The company's slogan "Structural health corrosion monitoring solutions" reflects its commitment to offering continuous and reliable corrosion diagnosis and forecast. This is particularly crucial as corrosion often leads to premature repair needs, resulting in foregone revenues and compromised safety. Founded in 2019, DuraMon has garnered significant attention in the industry. The company recently secured a noteworthy Fr.1.00M Seed Round investment on 26 June 2023, with participation from reputable investors such as Serpentine VC, QBIT Capital, ETH Zurich Foundation, and Sika. DuraMon's innovative solution aims to not only provide continuous corrosion diagnosis but also to forecast and determine the right time for repair. This predictive capability is set to have a transformative impact on the industry, as it can lead to a reduction in the number of structures requiring simultaneous repair. As a result, the startup's solution has the potential to significantly decrease corrosion costs while ensuring safety, offering substantial benefits to its clientele. This strategic focus on risk mitigation and cost reduction positions DuraMon as a promising player in the infrastructure and construction technology space.