StartupsTurkiye

Founder One Invests in Binamod: Assessing Earthquake Risk in Buildings

Binamod provides the user with earthquake performance information of the building they will purchase or rent from their residence; It determines possible earthquake damage and designs reinforcement scenarios that increase the earthquake resistance of buildings.

Binamod, which provides the user with earthquake performance information of the building they will buy or rent from where they live, determines the possible earthquake damage situation and designs reinforcement scenarios that increase the earthquake resistance of buildings, received investment from Founder One. Financial details of the investment were not shared.

Offering risk inquiry services to individual users with the mobile application it developed, Binamod manages the field data collection process for corporate users and experts. In this way, the initiative determines the reactions of buildings during and after the earthquake, ensuring that they are constantly monitored and necessary improvements are made when necessary. It offers a holistic service from determining risk priority for buildings to managing the post-disaster process with big data and artificial intelligence technologies.

Binamod, developed by Kurtulus Atasever, also carries out research and development studies on the development of seismic dampers that have the potential to minimize the harmful effects of large earthquakes on structures. Binamod’s goal is to ensure that houses are the safest place in an earthquake.

Founder One Investment Committee Member and General Manager Ali Sahin said, “Earthquake risk poses a serious threat both economically and socially, especially for regions located in the earthquake zone. Binamod contributes to making buildings more resistant to earthquakes by offering innovative solutions against this threat. This investment not only provides a financial return, but also supports our mission of creating social value and protecting human life. We believe that Binamod will play an important role in reducing the risk of earthquakes and will contribute to the creation of safer living spaces.”

Source: Webrazzi / Prepared by Irem Yildiz

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