2 years ago
Concrete4Change Raises £2.5M for CO2-Capturing Concrete Technology
Concrete4Change, a company developing a technology to capture and mineralize CO2 in concrete, has raised £2.5 million in seed funding led by Zacua Ventures and Counteract
This technology results in stronger and greener concrete, making it a potential solution for the construction industry's carbon footprint
The investment will be used to scale the technology from lab to pilot projects with strategic investors, including Goldbeck and Siam Cement Group.
ProblemConstruction
"The concrete industry is responsible for 8% of global CO2 emissions, with 3 billion tonnes of CO2 produced annually from cement production. Current methods of reducing these emissions are insufficient and often require significant changes to existing processes and infrastructure."
Solution
"Concrete4Change has developed a technology that captures and mineralizes CO2 during the concrete production process, permanently storing the CO2 within the concrete. The technology is compatible with existing concrete production methods and can be easily integrated into existing supply chains, offering a straightforward way to reduce emissions without disrupting the industry."