Carbon Upcycling

Calgary-based Carbon Upcycling has been named one of six winners of the Build Better Innovation Challenge, backed by Elemental Impact and partners like Microsoft and Capgemini.

The company’s technology transforms industrial CO₂ emissions and solid waste into low-carbon cement, addressing the construction sector’s 8% global carbon footprint. This win follows Carbon Upcycling’s $34.3M Series A funding round to scale its solutions for cement, steel, and mining industries.

As a challenge winner, Carbon Upcycling will receive funding, technical support, and expert guidance to pilot its scalable decarbonization technology in sustainable building projects.

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

At the Energy Disruptors: UNITE 2024 conference in Calgary, Apoorv Sinha, CEO of Carbon Upcycling, presented an ambitious strategy for decarbonizing hard-to-abate sectors like cement, steel, and mining. The Calgary-based company recently secured $34.3 million in Series A funding to scale its innovative carbon-to-value solutions.

Carbon Upcycling converts industrial byproducts into low-carbon construction materials, reducing emissions in the cement industry by up to two-thirds. Sinha announced plans for the world’s first full-scale carbon-to-value plant with CRH in Mississauga and emphasized expanding into steel and petrochemicals to achieve gigaton-level impact by 2050.

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

Calgary-based Carbon Upcycling secured a significant milestone, closing a USD $26 million Series A funding round, co-led by BDC Capital’s Climate Tech Fund and Climate Investment. The company specializes in circular decarbonization solutions for hard-to-abate sectors like cement, steel, and mining.

The funding will support multiple commercial projects, including two co-located at cement plants, validating the cost-effectiveness of Carbon Upcycling’s all-electric solution. The technology mineralizes CO2 emissions from industrial facilities and converts industrial byproducts into materials that reduce the carbon footprint of cement and concrete.

Carbon Upcycling’s projects with CRH in Canada and CEMEX in the UK will pioneer carbon capture and utilization at cement plants, driving decarbonization efforts in the built environment.

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