Overview

CarbonBuilt produces ultra-low carbon concrete blocks that significantly reduce the carbon emissions from concrete production, which is responsible for nearly 10% of global emissions. Their technology can lower emissions by 70% to over 100% without affecting performance or production costs. The company serves concrete producers, the building industry, and carbon credit buyers, offering benefits like improved bidding capabilities and high-quality carbon credits. CarbonBuilt's goal is to promote sustainable construction practices by providing cost-effective solutions that help decarbonize the industry.

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Simplify's Take

What believers are saying

• CarbonBuilt raised $14.35 million to scale its carbon reduction technology in 2024.
• Partnerships with Meta and Shopify highlight tech giants' interest in sustainable construction.
• Winning Fast Company Innovation by Design prizes boosts CarbonBuilt's reputation in green tech.

What critics are saying

• Increased competition from similar clean technology companies may erode market share.
• Regulatory changes in carbon credit markets could impact profitability.
• Supply chain disruptions could affect CarbonBuilt's production capabilities.

What makes CarbonBuilt unique

• CarbonBuilt's Reversa® Binder reduces concrete's carbon emissions by 70% to over 100%.
• Their technology offers ultra-low carbon concrete without compromising performance or plant operations.
• CarbonBuilt's products are cost-effective, matching traditional concrete block production costs.

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Funding

Total Funding

$17.5M

Above

Industry Average

Funded Over

2 Rounds

$10,000,000

Series A

Oct 2021

Series A funding typically happens when a startup has a product and some customers, and now needs funding to scale. This money is usually used to grow the team, expand marketing, and improve the product. Venture capital firms are frequently the main investors here.

Series A Funding Comparison

Below Average

Industry standards

Ind Avg. $15M

$3.7M

$5M

$8.2M

$10M

$15M

$30M

View all funding stages