CarbonCure Technologies is a leading company with the slogan "Making Concrete That Matters." Established in 2007 and headquartered in Canada, the company is dedicated to transforming the concrete industry into a network of carbon removal factories. It offers concrete producers a comprehensive decarbonization platform including hardware, software, and services to decrease the carbon footprint of concrete products, lower production costs, and meet the growing demand for eco-friendly building materials. The company's innovative technologies seamlessly integrate into concrete plants without disrupting operations, allowing for the injection of captured COâ‚‚ across the manufacturing process. This process results in the immediate and permanent embedding of mineralized carbon in concrete, significantly reducing the amount of cement required for each batch. Notably, the mineralization of carbon not only benefits the environment but also offers economic advantages for concrete producers. CarbonCure has garnered recognition in the industry, being awarded the Carbon XPRIZE Grand Prize and achieving a position in the Cleantech 100 Hall of Fame. Noteworthy investors such as Breakthrough Energy Ventures, 2150, Samsung Ventures, Taronga Ventures, Microsoft Climate Innovation Fund, Climate Pledge Fund, Samsung C&T Corporation, BH3, and Blue Earth Capital have shown confidence in the company's potential, with a recent $80.00M Venture Round investment on 11 July 2023. In summary, CarbonCure Technologies stands as a pioneer in low carbon concrete technologies and carbon removal, offering both environmental and economic benefits. With their remarkable achievements and continuous support from prominent investors, the company is poised for further success in the challenging landscape of decarbonizing industries. For more information, visit carboncure.com.
Funding Stage | Amount | No. Investors | Investors | Date |
---|---|---|---|---|
Venture Round | $80.00M | 9 | Samsung C&T Corporation, Blue Earth Capital +1 | 11 Jul 2023 |
Venture Round | Unknown | 8 | Microsoft, BDC Venture Capital | 17 Sep 2020 |
Grant | $2.00M | 1 | Breakthrough Energy Solutions Canada | 12 Feb 2020 |
Grant | Unknown | 1 | BloombergNEF | 25 Mar 2019 |
Venture Round | Unknown | 1 | 01 Nov 2018 |
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