Carbicrete

Westmount, Canada Founded: 2016 • Age: 10 yrs
Cement-free concrete technology is developed using by-products and captured CO2.
Annual revenue - Latest available
Total funding $16.3M 6 rounds
Employees - Tracked headcount
Investors 12 Known backers
Products 2 Services tracked
Competitors 9 Brand Intelligence

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
  • Sectors
    Real Estate & Construction
    Environment
  • Email
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  • Phone
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  • Website
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  • Social
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Operational Areas
Real Estate & Construction → Property Technology (PropTech) Unlock Sub-Sector Unlock Segment
Environment → Environmental Management & Pollution Control Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $16.26 M (USD)

    in 6 rounds

  • Latest Funding Round
    $14 M (USD), Series A

    Mar 24, 2022

  • Investors
    Google

    & 11 more

  • Employee Count
    Not available
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Products & Services of Carbicrete

Carbicrete offers a comprehensive portfolio of products and services, including CarbiCrete Technology and Carbon Credits.

Product name locked
Category locked
Primary

Licenses system for producing cement-free concrete with steel slag.

Product name locked
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Enables purchase of credits to offset construction emissions.

People of Carbicrete

Headcount 10-50
Employee Profiles 10
Employee Profiles
People
Daisy Saba
Senior Procurement Specialist
People
Andrew Schmidt
VP, Operations
People
Gary Belisle
COO
People
Chris Stern
CEO & Co-Founder

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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.

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.

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Venture Fund
Institutional
Investor Description Founded Year Domain Location
PE firm investing in the US
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Canada's largest energy-focused private equity manager is operated.
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Investments are made in climate tech and media companies.
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Investor details for Carbicrete

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Investments & Acquisitions by Carbicrete

Investments
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Investment portfolio details for Carbicrete

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Financial Statements - Carbicrete

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Detailed financials for Carbicrete

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Carbicrete Comparisons

Carbicrete Primary company
Description
Cement-free concrete technology is developed using by-produc...
Location
Westmount, Canada
Founded Year
2016
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Carbicrete

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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 year HQ Location Description
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The company is offering sustainable solutions for the construction industry
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Provider of carbon mineralization technology that stores CO2 in demolished concrete.
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Manufacturer of low carbon cement
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Low-carbon cement is produced via a carbon-negative process.
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AI-powered platform providing cutting-edge decarbonization solutions for industrial processes in cement, steel, and glass production sectors
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Detailed competitors of Carbicrete

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Latest news on Carbicrete

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Complete news archive for Carbicrete

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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's top competitors include Neustark, Brimstone and Carbon Re.

Carbicrete offers CarbiCrete Technology and Carbon Credits.

Carbicrete has 12 investors. Key investors include Google, Enviri, Fonds de solidarite FTQ, Fondaction, and FS Investors.

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