Carbonaide, a Finnish start-up, has raised €1.8 million in Seed funding to manufacture carbon-negative concrete. The solution uses a carbonation method to bind carbon dioxide into precast concrete with an automated system to reduce the required cement content and halve the CO2 emissions of traditional Portland cement concrete. The round was led by Lakan Betoni and Vantaa Energy, including public loans and in-kind contributions from Business Finland and other Finnish concrete companies and strategic investors. The company aims to open ten operational units in the Nordics by 2026 and bind approximately 500 megatons of carbon dioxide annually by 2050. Carbonaide’s innovative technology can revolutionize the construction industry and reduce its carbon footprint, thereby providing a more sustainable future. The company is a spin-out from VTT Technical Research Centre of Finland.
Carbonaide Secures €1.8 Million in Seed Funding to Produce Carbon-Negative Concrete
Carbonaide, a Finnish start-up, has raised €1.8 million in Seed funding to begin manufacturing carbon-negative concrete. The round was led by Lakan Betoni and Vantaa Energy, including public loans and in-kind contributions from Business Finland and other Finnish concrete companies and strategic investors.
Carbonaide’s solution uses an efficient carbonation method to bind carbon dioxide into precast concrete with an automated system at atmospheric pressure. By reducing the required cement content and mineralising CO2 into concrete, the technology can halve the CO2 emissions of traditional Portland cement concrete.
According to Juho Hiltunen, CEO of Lakan Betoni, “As new innovations take ground, the demand for low-carbon products will likely increase. New technologies, such as Carbonaide, provide the means for the industrial-scale production of affordable low-carbon products. We’re happy to support Carbonaide scale up its production and realise the world’s first CO2 curing integration to a fully automated precast concrete production line.”
Carbonaide hopes to open ten operational units in the Nordics by 2026 and bind approximately 500 megatons of carbon dioxide annually by 2050, corresponding to 10-20% of the concrete market. Matti Wallin, Business Director of Vantaa Energy, one of Carbonaide’s strategic investors, says that “Carbonaide technology is an excellent example of how to both reduce and utilise existing CO2 in new products and permanently store carbon from the cycle.”
Tapio Vehmas, CEO of Carbonaide, expresses gratitude to investors for the chance to upscale their technology to a factory-sized pilot and demonstrate the technology full-scale. “We have demonstrated in the pilot unit that our technology is capable of reducing the CO2 emissions of conventional concrete by 45%. Last autumn, we demonstrated lowering our products’ carbon footprint to -60 kg/m3 by replacing Portland cement with slag.”
Carbonaide’s innovative solution to create carbon-negative concrete can revolutionize the construction industry and reduce its carbon footprint, thereby providing a more sustainable future.
Carbonaide Aims to Create a More Sustainable Future with Innovative Technology
Carbonaide, a spin-out company from VTT Technical Research Centre of Finland, aims to create a more sustainable future with its cutting-edge technology that reduces the carbon emissions of construction materials and traps more CO2 than they emit throughout their lifetime. According to Tapio Vehmas, CEO of Carbonaide, “Our goal at Carbonaide is to create a more sustainable future with cutting-edge tech that doesn’t just reduce the carbon emissions of construction materials like concrete, but that traps more CO2 than they emit throughout their lifetime. It is very natural that the constructed environment becomes a CO2 sink as it is the largest volume of man-made material.”
Don’t miss interesting posts on Famousbio
