[Funding alert] Concrete4Change Secures £2.5Million in Seed Funding

The Goldbeck family office invested in the round, which was led by Zacua Ventures and Counteract, a venture fund that focuses on carbon decreases. With £1.5 million in grant money, the total investment raised to date is £4.5 million.

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The CO2 is captured by the carrier material of C4C, and the loaded material is added to the newly poured concrete. After going through a chemical reaction, the CO2 in the concrete becomes irreversibly mineralized.

As a result, the concrete is not only 20% stronger but also turns into a CO2 sink that stops leaks even after the concrete has been demolished. Eight percent of the world's CO2 emissions are created annually—roughly four billion tonnes of cement are produced, resulting in three billion tonnes of CO2 emissions annually.

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C4C aims to build regional supply chains by utilising inexpensive waste streams, like the carbon dioxide produced from cement manufacturing facilities. The CO2 mineralization technology offered by the company is entirely new to the market.

Dalraj Nijjar, Co-founder & Chief Commercial Officer, Concrete4Change, said: "Concrete4Change's technology offers a viable route to turn an emission problem into an emission solution and set in stone a path for the construction industry to achieve net-zero concrete. This fresh injection of funding from specialist investors with deep sector expertise means we can now go from successful demonstrations in the lab and small-scale trials to real-world pilot projects."

Prof. Sid Pourfalah, Founder & CEO, of Concrete4Change, said: "Concrete can naturally absorb a small amount of CO2 in its lifetime, but its full potential can never be reached in nature. The concrete industry needs scalable, long-term solutions, and this is where Concrete4Change comes in with our novel and easy-to-adopt approach. We are the first company in the world to create a technology that harnesses chemistry to efficiently mineralise CO2 and enhances the properties of concrete while enabling it to become the safest form of CO2 sink in the world. The cement and concrete industry are struggling to use the CO2 they produce and we want to convert their CO2 emissions into concrete."

Juan Nieto, General Partner, Zacua Ventures and former investor at Cemex Ventures, added: "When we first met the C4C crew, we just clicked – their team brings the right skills to the table, turning their breakthrough mineralisation tech into a real game-changer. C4C's approach has major potential to green up concrete without altering its existing production process, capitalising on the established supply chains. And here's the kicker – no extra cost for going green, plus it's already playing nice with regulations, it's a total win-win for everyone on board. We are particularly enthused by its commendable brief time-to-market, which markedly surpasses alternatives we have encountered elsewhere."

Richard Barker, Partner, Counteract, added: "We really like C4C's innovative solution for decarbonising cement. Utilising a carrier containing captured CO2 creates a potential drop in solution for a long-standing industry with well-established supply chains. The solution also complements the industry's other decarbonising pathways currently in development. We also love the C4C team and have been impressed by their deep domain knowledge and tenacious approach to business development."

With the help of strategic investors like Siam Cement Group and Goldbeck, two of the top producers of concrete globally, C4C will utilise the funding to expand its technology beyond the lab setting and into pilot projects.

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About Concrete4Change

A research and development business called Concrete4Change (C4C) is creating revolutionary technology to use and permanently mineralize CO2 in concrete.

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Numerous accolades were given to Concrete4Change technology, including the Royal Academy of Engineering Enterprise Award and the United Nations (UN) Most Innovative Net-Zero technology - The Climate Challenge Cup at COP26 in Glasgow.