Haje Jan Kamps of Tech Crunch reports on Carbon Re.
- Carbon Re, which recently raised $4.8 million, has developed software to decarbonize the cement industry.
- The company’s AI constantly analyzes manufacturing data to help cement plants optimize production processes in real-time.
- Carbon Re estimated that its software can eliminate more than 50 kilotons of CO2 emissions per plant.
“Planet A Ventures, a Berlin-based climate tech venture capital firm, led the £4.2 million round, with participation from Clean Growth Fund, UCL Technology Fund and Cambridge Enterprise. The new investment will enable Carbon Re to focus on rolling out its product to the global cement market. The next target the company has set itself is to expand into other energy-intensive industries, such as steel and glass.”
Read the full article here.
The views and opinions expressed are those of the author’s and do not necessarily reflect the official policy or position of C3.
