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Real Estate and Construction Tech Series A Founded 2016

Carbicrete

Carbicrete develops technology enabling cement-free concrete production using industrial by-products. The process substitutes cement with steel slag and injects CO2 into fresh concrete, sequestering carbon dioxide within the finished products. Founded in 2016 and headquartered in Westmount, Canada, Carbicrete has raised $22M in Series A funding from investors including Sustainable Development Technology Canada,…

📍 Westmount, Canada · Construction Tech,

Funding snapshot

Last roundSeries A
Amount$14M
Date24 March 2022
Total raised$22M
Team size32

About

Carbicrete develops technology enabling cement-free concrete production using industrial by-products. The process substitutes cement with steel slag and injects CO2 into fresh concrete, sequestering carbon dioxide within the finished products. Founded in 2016 and headquartered in Westmount, Canada, Carbicrete has raised $22M in Series A funding from investors including Sustainable Development Technology Canada, Innovobot, Harsco, and Fonds de solidarite FTQ. The company licenses its process to concrete makers, enabling them to produce carbon-negative concrete while repurposing steel industry waste. Carbicrete's technology addresses the significant carbon footprint of cement production, which accounts for approximately 8% of global CO2 emissions, by eliminating cement entirely from the concrete manufacturing process.

Business model

Air Pollution Management Tech > Carbon Management > Carbon Capture > Carbon to Materials > Building Materials,

Construction Tech > Building Technology > Modular Construction > Concrete > Eco Friendly

Institutional investors

Google for Startups Sustainable Development Technology Canada Innovobot Harsco Fonds de solidarite FTQ Fondaction FS Investors ARC Financial Something Good Ventures New Climate Ventures NOVA by Saint-Gobain MacKinnon Bennett & Company

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