ParaStruct, founded in 2023 and headquartered in Austria, is pioneering the decarbonization of the construction industry with their innovative recycling technology. The company stands by its slogan, "We are decarbonising the construction industry by making it circular," aiming to transform how waste is managed in construction.
The technology from ParaStruct facilitates the recycling of demolition waste, concrete waste, wood waste, industrial residuals, and various biogenic and mineral waste streams. This not only promotes sustainability but also provides an opportunity for businesses to enhance performance by upcycling otherwise costly waste materials.
In December 2022, the company secured a €20.00K grant investment from EIT Climate-KIC, highlighting external recognition and confidence in its potential impact. With a mission to reshape lifeworlds through sustainable practices, ParaStruct presents a promising investment opportunity within the circular economy and sustainability sectors.