Canadian cleantech company CarbonCure Technologies has announced an investment by leading technology and property developers, representing a commitment to tackling the carbon footprint of concrete.
Amazon’s Climate Pledge Fund and Breakthrough Energy Ventures (BEV) co-led the investment syndicate comprising Microsoft, BDC Capital, 2150. Thistledown Foundation. Taronga Group and GreenSoil Investments.
In 2019, Amazon co-founded the Climate Pledge as a commitment to be net-zero carbon by 2040 – ten years ahead of the Paris Agreement. The announced investment aligns with this commitment.
Robert Niven, CEO and Co-Founder of CarbonCure Technologies, said, “This collaborative investment by technology and property development firms is a great endorsement of CarbonCure as the go-to CDR solution for the growing tech construction space and the overall shift towards low embodied carbon construction materials.”
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