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
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Sectors
Real Estate & ConstructionEnvironment
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Email
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Phone
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$16.26 M (USD)
in 6 rounds
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Latest Funding Round
$14 M (USD), Series A
Mar 24, 2022
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Investors
Google
& 11 more
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Employee Count
Employee Count
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Products & Services of Carbicrete
Carbicrete offers a comprehensive portfolio of products and services, including CarbiCrete Technology and Carbon Credits. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Licenses system for producing cement-free concrete with steel slag.
Enables purchase of credits to offset construction emissions.
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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.
- Total Funding Total Funding
- Total Rounds 6
- Last Round Series A — $14.0M
- First Round First Round
- Investors Count 12
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Mar, 2022 | Amount | Debt – Conventional - Carbicrete | Valuation |
investors |
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| Mar, 2022 | Amount | Series A - Carbicrete | Valuation | FS Investors | |
| Apr, 2021 | Amount | Seed - Carbicrete | Valuation |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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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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Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Carbicrete
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Carbicrete
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Carbicrete Comparisons
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. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
The company is offering sustainable solutions for the construction industry
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| domain | founded_year | HQ Location |
Provider of carbon mineralization technology that stores CO2 in demolished concrete.
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| domain | founded_year | HQ Location |
Manufacturer of low carbon cement
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| domain | founded_year | HQ Location |
Low-carbon cement is produced via a carbon-negative process.
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| domain | founded_year | HQ Location |
AI-powered platform providing cutting-edge decarbonization solutions for industrial processes in cement, steel, and glass production sectors
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Carbicrete
Frequently Asked Questions about Carbicrete
When was Carbicrete founded?
Carbicrete was founded in 2016 and raised its 1st funding round 2 years after it was founded.
Where is Carbicrete located?
Carbicrete is headquartered in Westmount, Canada. It is registered at Westmount, Quebec, Canada.
Who is the current CEO of Carbicrete?
Jacob Homiller is the current CEO of Carbicrete.
Is Carbicrete a funded company?
Carbicrete is a funded company, having raised a total of $16.26M across 6 funding rounds to date.
What does Carbicrete do?
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.
Who are the top competitors of Carbicrete?
What products or services does Carbicrete offer?
Carbicrete offers CarbiCrete Technology and Carbon Credits.
Who are Carbicrete's investors?
Carbicrete has 12 investors. Key investors include Google, Enviri, Fonds de solidarite FTQ, Fondaction, and FS Investors.
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