A Solid Raise for CarbonCure

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Concrete injected with CO2 (Photo credit: CarbonCure Technologies)

CarbonCure Technologies just closed a round of funding for an undisclosed amount of money. Notable investors include Amazon’s Climate Pledge Fund and Breakthrough Energy Ventures (with others in the syndicate). CarbonCure recycles waste carbon dioxide to make stronger and greener concrete.

Why does this matter?

What’s next?

Thoughts

Carbon offset purchases are only one way for companies to go carbon neutral. It is just as important, if not more important, for companies to adopt greener and more sustainable practices/operations. Purchasing carbon offsets is the easier of the two options to become carbon neutral, but it is not enough. Carbon offsets should primarily be used for small and medium sized businesses that can’t afford to change their practices, meanwhile large companies should take responsibility for their footprint.

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Impact Investment Analyst at One World | Startup Weekend Facilitator | Climate Tech Enthusiast

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