Carbonaide, a Finland-based startup that enables the manufacturing of carbon-negative concrete, raised EUR 1.8M in funding.
The round was led by Lakan Betoni and Vantaa Energy.
The company intends to use the funds to integrate its CO2 curing technology into an automated production line of its precast concrete factory in Hollola, Finland.
Led by Tapio Vehmas, Carbonaide provides a solution that is based on an effective carbonation method, which binds carbon dioxide into precast concrete using an automated system at atmospheric pressure. The technology can halve the CO2 emissions of traditional Portland cement concrete by reducing the required cement content and mineralizing CO2 into concrete.
Carbonaide is a spin-out company from VTT Technical Research Centre of Finland.
FinSMEs
28/03/2023