What is CarbonBuilt?
CarbonBuilt is an innovative building materials company based in Los Angeles, California. It has pioneered a process that effectively injects concrete with carbon dioxide emissions sourced from power plants and other industrial facilities. This groundbreaking approach not only offers a sustainable solution for carbon capture but also transforms industrial byproducts into valuable construction materials, positioning CarbonBuilt at the forefront of green construction technology.
How much funding has CarbonBuilt raised?
CarbonBuilt has raised a total of $10M across 1 funding round:
Series A
$10M
Series A (2021): $10M with participation from Climate Capital, Tony Pritzker, Lime Street Ventures, and Grantham Environmental Trust's Neglected Climate Opportunities
Key Investors in CarbonBuilt
Climate Capital
Climate Capital specializes in the investment and management of renewable energy projects, focusing on behind-the-meter solutions and sustainable income generation from renewable energy assets.
Lime Street Ventures
Lime Street Ventures is an early-stage investor focused on technology and life science companies, particularly within the Boston and Cambridge innovation hubs.
Grantham Environmental Trust's Neglected Climate Opportunities
Grantham Environmental Trust's Neglected Climate Opportunities is an investment arm focused on addressing critical climate challenges through strategic financial backing.
What's next for CarbonBuilt?
The substantial enterprise-level funding indicates CarbonBuilt is poised for significant scaling and market expansion. This capital injection is expected to accelerate the company's technological development, enhance its manufacturing capabilities, and broaden its market reach. Strategic partnerships and further investment rounds are likely as CarbonBuilt continues to disrupt the traditional building materials industry with its carbon-negative solutions.
See full CarbonBuilt company page
