CarbiCrete

CarbiCrete is a Montreal-based carbon removal technology company founded in 2016. Its patented technology enables the production of cement-free, carbon-negative concrete made with industrial by-products and captured carbon dioxide. The company's mission is captured in its slogan, "Concrete carbon removal." With conventional concrete production accounting for nearly 10% of the world’s CO2 emissions, CarbiCrete's innovation is a significant step in addressing carbon emissions in construction. By replacing cement with steel slag, a cheaper industrial waste, and utilizing carbonation activation by injecting CO2 into the wet concrete, CarbiCrete creates a product that not only reduces carbon emissions but is also carbon-negative due to the captured and permanently sequestered CO2. The company's recent milestone includes a $5.00M Convertible Note investment received on 15 November 2022, with BDC Capital’s Climate Tech Fund participating as the investor. CarbiCrete's technology, which can be implemented in any concrete products plant, holds promise in revolutionizing the construction industry by offering a sustainable and environmentally friendly alternative to traditional concrete production.