Concrete4Change raises £2.5M for CO2 capturing technology in concrete
Concrete4Change(C4C), an advanced materials company that permanently captures and utilises CO2 by mineralising it in concrete, has raised £2.5 million in seed funding. C4C’s carrier material captures CO2, and the loaded material is mixed in fresh concrete as an additive. The CO2 in the concrete undergoes a chemical reaction and is permanently mineralised. The result is concrete that is not only 20 percent stronger but becomes a CO2 sink that prevents any leak, even after the demolition of the concrete.
The round was led by Zacua Ventures and Counteract, a carbon removals focused venture fund, with participation from the family office of Goldbeck. This brings the total investment raised to date to £4.5 million, including £1.5 million in grant funding.