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.
Licenses system for producing cement-free concrete with steel slag.
Enables purchase of credits to offset construction emissions.
People of Carbicrete
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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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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 |
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PE firm investing in the US
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Founded Year | Domain | Location | |
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Canada's largest energy-focused private equity manager is operated.
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Founded Year | Domain | Location | |
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Investments are made in climate tech and media companies.
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Founded Year | Domain | Location |
Investments & Acquisitions by Carbicrete
Financial Statements - Carbicrete
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.
| 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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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.