Concretene funding news – Manchester-based Concretene Raises €3.5 Million in Funding

This innovative product aims to significantly reduce the carbon footprint of concrete, positioning the company for growth as it moves towards product certification and increased revenue.

Concretene!, Collaborating with industry leaders Roger Bullivant and Cemex, the company is developing low-carbon CEM II/III cements supported by £1.2m in Innovate UK grant funding.

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It's graphene-enhanced liquid admixture is revolutionizing concrete production by enhancing mechanical performance and reducing the carbon footprint. Easy to integrate at batching plants, this innovative product requires no extra training or equipment, making sustainability seamless in construction.

Exciting news from Concretene! Their latest prototype has shown impressive results with compressive strength uplifts of 25-30% in the lab and an average of 17% in three field trials. This performance could potentially lead to a significant reduction of CO2 emissions from concrete by around 10-15%, depending on the application.

To further develop this groundbreaking product, Rob and Alex have assembled a top-notch team, which includes the expertise of the former GEIC scientist and Concretene co-inventor, Dr. Craig Dawson. Their efforts are focused on preparing the product for a commercial roll-out, showcasing their commitment to innovation and sustainability.

Additionally, Concretene has secured a prominent position as the first tenant of Manchester's new innovation district, a £1.7bn development by Bruntwood SciTech. The district, formerly known as ID Manchester, spans 22 acres of the former north campus of the University and was recently unveiled as 'Sister' on 27 September by Mayor of Greater Manchester, Andy Burnham.

Exciting times ahead for Concretene as they pave the way for eco-friendly and advanced construction solutions in the heart of Manchester's innovation hub!

Mike Harrison, Chief Operating Officer at Concretene said: “We’re delighted to welcome Molten Ventures to join with us and LocalGlobe on our mission to decarbonise concrete. We also want to thank LocalGlobe for their enthusiasm and support in getting Concretene off the ground. Our team in Manchester has a unique combination of expertise and experience across construction and nanomaterial science, which will enable us to deliver our next stage of development and earn industry confidence and certification.”

George Chalmers, Head of Climate, Molten Ventures, commented: “Concretene has made tremendous strides in getting its technology out of the lab and into meaningful real-world projects and applications. Its solution, viable today, is poised to make a meaningful impact in reducing emissions in one of the hardest to abate sectors. We are delighted to support Concretene’s world-class team of scientists and operators in scaling its solution across the industry.”

About Concretene

Concretene, the construction industry is tackling a pressing issue related to carbon footprint. Concrete contributes over 7% of global CO2 emissions, primarily from the energy-intensive production of cement. Legislative efforts to decarbonize are shaping industry strategies, impacting planning and budgets. As existing cement alternatives face sustainability challenges, the sector seeks innovative solutions to minimize embodied carbon in construction.