Concrete4Change (C4C), a Nottingham, UK-based advanced materials company that permanently captures and utilises CO2 by mineralising it in concrete, raised £2.5M in Seed funding.
The round was led by Zacua Ventures. This brings the total investment raised to date to £4.5m including £1.5 million in grant funding.
The company intends to use the funds to scale its technology from the lab environment to pilot projects with strategic investors that included some concrete manufacturers, Goldbeck and Siam Cement Group.
Founded by Dr. Sid Pourfalah, Dr. Michael Wise and Dalraj Nijjar, Concrete4Change is an advanced materials startup developing novel technology for mineralising CO2 in concrete. The company has developed proprietary technology that permanently captures CO2 and mineralises it in concrete. CO2 is captured by C4C’s carrier material, and the loaded material is mixed in fresh concrete as an additive. The result is concrete that is 20% stronger and becomes a CO2 sink that prevents any leak, even after demolition of the concrete.
FinSMEs
23/01/2024