CarbiCrete logo — Concrete carbon removal

CarbiCrete

Concrete carbon removal

Founded 2016 Canada Montreal, Canada 42 employees Convertible Note Total: $37.75M ESG, Energy +1

General Information

Company Name CarbiCrete
Founded Year 2016
Location Canada Montreal, Canada
Employees 42
Industries ESG, Energy, Construction
Funding Stage Convertible Note
Social

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About CarbiCrete

CarbiCrete is a Montreal-based carbon removal technology company founded in 2016. Its patented technology enables the production of cement-free, carbon-negative concrete made with industrial by-products and captured carbon dioxide. The company's mission is captured in its slogan, "Concrete carbon removal." With conventional concrete production accounting for nearly 10% of the world’s CO2 emissions, CarbiCrete's innovation is a significant step in addressing carbon emissions in construction. By replacing cement with steel slag, a cheaper industrial waste, and utilizing carbonation activation by injecting CO2 into the wet concrete, CarbiCrete creates a product that not only reduces carbon emissions but is also carbon-negative due to the captured and permanently sequestered CO2. The company's recent milestone includes a $5.00M Convertible Note investment received on 15 November 2022, with BDC Capital’s Climate Tech Fund participating as the investor. CarbiCrete's technology, which can be implemented in any concrete products plant, holds promise in revolutionizing the construction industry by offering a sustainable and environmentally friendly alternative to traditional concrete production.

Business keywords: Carbon removal, Concrete technology, Carbon-negative, CO2 abatement, Innovative construction materials, Industrial by-products, Montreal-based, Sustainable building materials, Carbon capture and sequestration, Steel slag utilization

Funding Rounds & Investors (10)

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Funding Stage Amount Investors Lead Investors Date
Convertible Note $5.00M 1
BDC Capital’s Climate Tech Fund
15 Nov 2022
Series A $6.00M 3
Fondaction, MacKinnon, Bennett & Company +1
20 Apr 2022
Debt Financing $4.00M -
24 Mar 2022
Series A $12.00M 6
Aera VC, ARC Financial +4
24 Mar 2022
Debt Financing $500.00K 1
Government of Canada
11 Feb 2021
Seed Round $2.00M 1
SQN Venture Partners
17 Dec 2020
Grant $3.15M 1
Ministère de l’Énergie et des Ressources Naturelles
08 Dec 2020
Corporate Round $3.00M 1
Harsco Environmental
10 Dec 2019
Grant $2.10M 1
Sustainable Development Technology Canada
03 Oct 2018
Non Equity Assistance Undisclosed 1
Cycle Momentum
01 Apr 2017

CarbiCrete Alternatives & Competitors

View All Alternatives
CarbiCrete vs

Decarbonizing Concrete by Replacing Cement

Series A
30 employees
ESG, Industrial
CarbiCrete vs
Carbix
Carbix United States

Climate Technologies, Carbon Capture and Utilization, Building Materials

Grant
2 employees
ESG, Industrial
CarbiCrete vs
LEKO
LEKO Luxembourg

Carbon Negative Construction. Powered by AI and robotics systems

29 employees
Energy, Information Technology

FAQ About CarbiCrete

Concrete carbon removal
CarbiCrete was founded in 2016.
CarbiCrete is headquartered in Montreal, Canada.
CarbiCrete operates in ESG, Energy and Construction. Its work centres on Carbon removal, Concrete technology, Carbon-negative and CO2 abatement.
CarbiCrete has approximately 42 employees.
CarbiCrete has completed 10 funding rounds, raising a total of $37.75M. The latest funding stage is Convertible Note.
Top alternatives and competitors to CarbiCrete include Terra CO2 Technology, Carbix, LEKO, Skyonic, Octavia Carbon. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
CarbiCrete and Terra CO2 Technology are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for CarbiCrete, https://bouncewatch.com/company/carbicrete, updated 25 November 2024. When citing, please name BounceWatch and link this page.

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