Tech Company Financing Transactions
Carbon Upcycling Technologies Funding Round
Carbon Upcycling Technologies, operating out of Alberta, secured $6 million from Clean Energy Ventures, Amplify Partners and Cemex Ventures.
Transaction Overview
Company Name
Announced On
4/21/2022
Transaction Type
Venture Equity
Amount
$6,000,000
Round
Undisclosed
Investors
Proceeds Purpose
The company intends to use the funds to grow its team and build its second commercial-scale facility in North America, capable of manufacturing more than 200 tons per day of low-carbon cement and concrete additive.
Company Information
Company Status
Private & Independent
Industry
Clean Tech
Mailing Address
Bay 4 - 9550 100 Street SE Calgary,
Alberta, T3S 0A2
Canada
Alberta, T3S 0A2
Canada
Phone
Website
Email Address
Overview
Carbon Upcycling Technologies is the first company to reduce cement and concrete's carbon footprint by double digits with our enhanced concrete additives, while exceeding strength activity performance by 40%
Management Team
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