About Carbicrete
Carbicrete is a company based in Westmount (Canada) founded in 2016 by Mehrdad Mahoutian and Chris Stern. Carbicrete has raised $16.26 million across 6 funding rounds from investors including Google, Enviri and Fonds de solidarite FTQ. Carbicrete offers products and services including CarbiCrete Technology and Carbon Credits. Carbicrete operates in a competitive market with competitors including Solidiatech, Neustark, Hoffmann Green Cement Technologies, Brimstone and Carbon Re, among others.
- Headquarter Westmount, Canada
- Founders Mehrdad Mahoutian, Chris Stern
- SectorsReal Estate & ConstructionEnvironment
- Email••••••••
- Phone•••• ••••
- Website carbicrete.com
- Social LinkedIn X Facebook
- Total Equity Funding$16.26M (USD)
in 6 rounds
- Latest Funding Round$14M (USD), Series A
Mar 2022
- InvestorsGoogle
& 11 more
Products & Services of Carbicrete
Carbicrete offers a comprehensive portfolio of products and services, including CarbiCrete Technology and Carbon Credits.
Licenses system for producing cement-free concrete with steel slag.
Enables purchase of credits to offset construction emissions.
Funding Insights of Carbicrete
Carbicrete has successfully raised a total of $16.26M across 6 strategic funding rounds. The most recent funding activity was a Series A round of $14 million completed in March 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $16.26M
- Total Rounds 6
- Last Round Series A — $14M
- Investors Count 12
All 6 funding rounds of Carbicrete with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar 2022 | $4M | Debt – Conventional | – | – | – |
| Mar 2022 | $14M | Series A | – | FS Investors | |
| Apr 2021 | – | Seed | – | – | |
| Dec 2019 | $2.26M | Seed | – | Harsco | – |
| Oct 2018 | $1.64M | Grant | – | – | |
| Apr 2018 | – | Seed | – | Innovobot | – |
12 investors in total: 12 institutional.
Investors in Carbicrete
Carbicrete has secured backing from 12 investors, including institutional and venture fund investors. Prominent investors backing the company include Google, Enviri and Fonds de solidarite FTQ.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
PE firm investing in the US | – | fsinvestors.com | San Diego, United States | |
Canada's largest energy-focused private equity manager is operated. | 1989 | arcfinancial.com | Calgary, Canada | |
Investments are made in climate tech and media companies. | – | sgv.ca | Toronto, Canada | |
- | – | newclimateventures.com | - | |
Innovobot is recognized as an investment platform fostering innovation. | – | innovobot.com | Montreal, Canada | |
Construction startups are accelerated by NOVA through Saint-Gobain's initiatives. | – | nova-saint-gobain.com | Courbevoie, France | |
Growth capital is provided to climate innovation companies. | – | mkbandco.com | Montreal, Canada | |
Venture capital firm focused on investing in clean tech sectors | – | sdtc.ca | Ottawa, Canada | |
Offers savings plans, investments, and financing for businesses and individuals. | 1983 | fondsftq.com | Montreal, Canada | |
Offers sustainable finance and REER for individuals and businesses. | 1996 | fondaction.com | Montreal, Canada |
Investor details for Carbicrete
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
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People of Carbicrete
11 people are tracked at Carbicrete (7 in leadership, 4 in team).
| Name | Role | Group |
|---|---|---|
Mehrdad Mahoutian | Co-Founder & CTO | Leadership |
Chris Stern | Co-Founder | Leadership |
Jacob Homiller | CEO | Leadership |
Andrew Schmidt | VP, Operations | Leadership |
Gary Belisle | COO | Leadership |
Yuri Mytko | CMO | Leadership |
Sina Mahmoodi | Director Of Operations | Leadership |
Daisy Saba | Senior Procurement Specialist | Team |
Victoire K, CPI | Research And Development Engineer | Team |
Jennifer Martin del Campo, Ph.D. | Project Engineer | Team |
Sarah Manuszak | Content Marketing Associate | Team |
Complete people profiles for Carbicrete
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
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Timeline of Carbicrete
3 dated milestones of Carbicrete across 6 years, from founding to its latest funding, stage changes and deals.
- Founded Carbicrete is founded.
- Funding First funding round.
- Funding Latest funding round, Series A, of $14.0M.
Competitors of Carbicrete
Carbicrete operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Solidiatech, Neustark, Hoffmann Green Cement Technologies, Brimstone and Carbon Re, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| solidiatech.com | 2008 | Piscataway, United States | $105M | 48 | The company is offering sustainable solutions for the construction industry | |
| neustark.com | 2019 | Bern, Switzerland | $69M | – | Provider of carbon mineralization technology that stores CO2 in demolished concrete. | |
| ciments-hoffmann.com | 2014 | – | $28.73M | 59 | Manufacturer of low carbon cement | |
| brimstone.com | 2019 | Oakland, United States | $60.1M | 50 | Low-carbon cement is produced via a carbon-negative process. | |
| carbonre.com | 2020 | London, United Kingdom | $6.15M | 14 | AI-powered platform providing cutting-edge decarbonization solutions for industrial processes in cement, steel, and glass production sectors | |
| betolar.com | 2016 | Kannonkoski, Finland | $8.26M | – | Low-carbon, waste-free solutions are developed for construction and mining sectors. | |
| carboncure.com | 2007 | Dartmouth, Canada | $168.57M | – | CO2 is injected into concrete mixes for greener, stronger materials. | |
| blueplanetsystems.com | 2012 | Los Gatos, United States | $37.43M | 27 | Carbon capture and sequestration solutions are delivered via mineralization technology. |
Detailed competitors of Carbicrete
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Carbicrete
The website of Carbicrete (carbicrete.com) receives about 5K visits a month.
- Monthly visits5K
▼ 17.4% vs previous month
Latest news on Carbicrete
Complete news archive for Carbicrete
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
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- Brand-specific news history
Verified entity values are shown only after access is granted.
Similar companies to Carbicrete
10 companies that operate in the same segment as Carbicrete (Construction & Building Tech), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Multi-category products are supplied via a B2B marketplace platform. | 2015 | Singapore, Singapore | USD 470.85 M | USD 642.28 M | 1,331 | |
SaaS project management software is provided for construction professionals. | 2003 | Carpinteria, California, United States | USD 405.2 M | USD 1.32 B | 4,200 | |
Cloud-based positioning solutions are offered for industrial sectors. | 1978 | Sunnyvale, California, United States | – | USD 3.59 B | 12,100 | |
Digital procurement and supply solutions for construction materials are facilitated. | 2016 | Thane, Maharashtra, India | USD 763.1 M | USD 1.43 B | 1,710 | |
Provider of cloud and AI-based virtual tour solutions for construction professionals | 2011 | Sunnyvale, California, United States | USD 163.18 M | – | – | |
Hover is recognized for providing construction and renovation software solutions. | 2011 | San Francisco, California, United States | USD 142.3 M | – | – | |
Cloud-based CRM and project management software for contractors is provided. | 2011 | American Fork, Utah, United States | USD 383 M | – | – | |
Cloud-based AR-enabled photo collaboration for field services is provided. | 2015 | Lincoln, Nebraska, United States | USD 36.25 M | – | – | |
AI and app-based smart windows are provided for buildings. | 2007 | Milpitas, California, United States | USD 3.71 B | – | – | |
Provider of management solutions for the construction sector | 1963 | Munchen, Bayern, Germany | – | USD 1.4 B | – |
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Frequently Asked Questions about Carbicrete
Carbicrete was founded in 2016 and raised its 1st funding round 2 years after it was founded.
Carbicrete is headquartered in Westmount, Canada. It is registered at Westmount, Quebec, Canada.
Jacob Homiller is the current CEO of Carbicrete.
Carbicrete is a funded company, having raised a total of $16.26M across 6 funding rounds to date.
Founded in 2016 in Westmount, Canada, the company focuses on sustainable construction materials. Cement-free concrete is produced through a process that incorporates industrial by-products and captured CO2, thereby reducing carbon emissions associated with traditional cement. Technology licensing is offered to concrete producers, along with implementation support. Applications include masonry units and pavers, while industrial waste is repurposed to minimize environmental impact.
Carbicrete offers CarbiCrete Technology and Carbon Credits.
Carbicrete has 12 investors. Key investors include Google, Enviri, Fonds de solidarite FTQ, Fondaction, and FS Investors.