Holcim and Amazon’s Climate Pledge Fund are investing in startups 14Trees and Paebbl to advance sustainable building.
The funding into 14Trees by Amazon’s Climate Pledge Fund, alongside a follow-on investment by Holcim into its 3D printing joint venture with British International Investment (BII), will accelerate the startup’s construction of large-scale buildings.
The investment into Paebbl as part of a broader investment round will scale up the startup’s advanced mineralization technology, designed to permanently store CO₂ in concrete as a carbon sink.
“By investing with Amazon’s Climate Pledge Fund into 14Trees and Paebbl, we can scale up these pioneering technologies to push the boundaries of sustainable building, from 3D printing to making concrete a carbon sink,” said Nollaig Forrest, Chief Sustainability Officer, Holcim.
14Trees was established in 2016 as a joint venture between Holcim and BII to accelerate the provision of sustainable construction solutions in Africa. Paebbl, founded in 2021, converts CO₂ into a future-proof industrial raw material that turns the built environment into a permanent carbon store.