Capital K
Assembly Line
ClimateCrete Inc. announces close of $3.3 million series A funding round led by Capital K
Sustainable construction aggregates startup ClimateCrete Inc. announced today the close of a $3.3 million series A funding round led by Capital K, a Silicon Valley VC firm specializing in deep tech startups, and joined by KAUST Innovation Ventures, the venture arm of Saudi Arabia’s King Abdullah University of Science and Technology (KAUST).
ClimateCrete makes concrete production sustainable and more climate friendly thanks to a patent-pending technology that uses abundant local sand, instead of increasingly scarce imported sand, in a formulation that requires less cement, the main source of concrete’s CO2 footprint. Compared to conventional concrete, ClimateCrete™ has a significantly reduced carbon footprint and costs no more than comparable products.