Tech Company Financing Transactions
Carbon Upcycling Technologies Funding Round
Carbon Upcycling Technologies closed a $26 million Series A funding round on 7/31/2023. Backers included BDC Venture Capital, Climate Investment and Amplify Capital.
Transaction Overview
Company Name
Announced On
7/31/2023
Transaction Type
Venture Equity
Amount
$26,000,000
Round
Series A
Investors
Proceeds Purpose
The company intends to use the funds to deploy multiple commercial projects, including two co-located directly at cement plants.
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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We do our best to report on every notable VC transaction. All VC database entries reported here are sourced from a variety of public sources. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.
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