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Concrete4Change raises £2.5M for CO2 capturing technology in concrete

📅 Date:

🔖 Topics: Funding Event

🏢 Organizations: Concrete4Change, Zacua Ventures, Counteract

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.

Read more at Tech EU