Cemvision, a Stockholm, Sweden-based climate tech company, raised €10M in funding.
The round saw participation from Polar Structure and BackingMinds, and Zacua Ventures.
The company intends to use the funds to accelerate its near-future operations.
Led by CEO Oscar Hållén, Cemvision provides products that offer an alternative to traditional Portland cement, reducing CO2 while retaining durability and performance. It is produced using raw materials recycled from industrial waste and kilns empowered by green electricity at lower temperatures.
The news comes soon after Cemvision announced its first official customer contract and is part of a plan to accelerate the company’s short-term momentum.
FinSMEs
18/03/2024