Decarbonization startup Furno closed an oversubscribed $6.5 million seed funding round and introduced its end-to-end cement production unit, the Furno Brick.
Read MoreFurno Secures $6.5M to Cement Carbon Neutral Future
Tag: funding
UMass Amherst Awarded $3M to Reduce Cement Emissions
Engineers at the University of Massachusetts Amherst received a four-year, $3 million award from the National Science Foundation’s Future Manufacturing Program to make cement manufacturing more sustainable.
Read MoreDepartment of Transportation Bolsters Slag Cement Research
The U.S. Department of Transportation (DOT) launched a $5 million funding opportunity for a research initiative on the use of steel slag in cement and concrete.
Read MoreRondo Energy Secures $60M to Speed Rollout of Heat Battery
Titan Group, a cement and cementitious materials producer with major North American and European market stakes, is among 10 participants in a $60 million funding round positioning Rondo Energy to roll out its namesake Heat Battery worldwide and help drive global energy storage market transformation.
Read MoreCarbon Upcycling’s $26M Funding Round Advances Projects
A $26 million Series A funding round positions clean tech firm Carbon Upcycling to advance carbon capture and utilization projects at Cemex’s Rugby, U.K., and Ash Grove Cement’s Mississauga, Ontario, Canada, plants.
Read MoreVotorantim Inks $150M Sustainability-Linked IFC Deal
Votorantim Cimentos signed a $150 million financing agreement linked to sustainability indicators with the International Finance Corporation (IFC), the largest global development institution focused on the private sector in emerging markets and a member of the World Bank Group.
Read MoreDOE Funds Five Projects to Help Decarbonize Industry
The U.S. Department of Energy (DOE) announced five projects that will receive a total of $16.4 million in funding to focus on next-generation cement formulations and process routes as well as carbon capture and utilization technologies to address CO2 emissions in the cement industry.
Read MoreHeidelberg Materials Receives $5 Million from DOE
The U.S. Department of Energy’s (DOE) Office of Clean Energy Demonstrations (OCED) selected Heidelberg Materials North America to receive $5 million in funding through its Carbon Capture Demonstration Projects program.
Read MoreDOE Powers Solar MEAD Project with $3.2 Million Funding
The U.S. Department of Energy (DOE) awarded $3.2 million to Solar MEAD, a joint project headed by CEMEX, Sandia National Laboratories and Synhelion. The project aims to replace the use of fossil fuels with concentrated solar thermal (CST) energy in clinker production.
Read MoreDOE Funds Carbon Study at Heidelberg Plant
Through its Carbon Storage Assurance Facility Enterprise (CarbonSAFE) initiative, the U.S. Department of Energy awarded $8.9 million in funding to Heidelberg Materials North America to study the subsurface geology suitable for carbon dioxide storage at its Mitchell, Ind., cement plant.
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