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Calgary’s EnviCore Raises $4.2M to Scale Sustainable Cement Technology

October 15, 2024 by Newsdesk

Calgary-based EnviCore has secured $4.2 million in seed funding to advance its low-carbon cement technologies. The startup produces supplementary cementitious materials (SCMs) from recycled and natural feedstocks, helping reduce cement’s carbon footprint by up to 30%. Investors include CSN Inova Ventures, Heidelberg Materials, and Techstars.

EnviCore plans to expand production capacity and partner with Heidelberg on a pilot SCM facility. CEO Shahrukh Shamim called the investment pivotal for scaling the technology, which offers a sustainable alternative to traditional cement. The funds will also support research, development, and business growth.

Want to know more? Check out the source code on Calgary.tech.

Filed Under: News Tagged With: EnviCore

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