PiVoT to Receive $25k in Seed Funding
PiVoT, an Arizona-based company that is developing a concrete mixture where specific quantities of crumb rubber are added to the concrete mix, resulting in improved thermal cycling resistance without the expense of additional cement, will receive $25k in seed funding.
The capital will be provided by the Arizona Commerce Authority and BioAccel, as part of the AZ Furnace Accelerator, the state’s technology transfer startup program.
PiVoT intends to commercialize its concrete mixture, which can provide an end use for discarded rubber tires.
AZ Furnace is statewide, public-private partnership among the Arizona Commerce Authority, BioAccel, Arizona State University, Northern Arizona University, University of Arizona, Thunderbird School of Global Management, Arizona Technology Enterprises, and Dignity Health Arizona.