Terra CO2 announced additional series B funding, securing $124.5 million in new equity capital. In addition to Series B co-leads Breakthrough Energy Ventures, Eagle Materials, GenZero and Just Climate, the round included major investment from Barclays Climate Ventures.
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Holcim is investing in SaltX Technology, a Swedish company specializing in the electrification of industrial processes. The collaboration with SaltX aims to establish the world’s first plant for all-electric cement production.
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Carbon Upcycling Technologies announced the closing of its $18 million investment round led by Builders Vision, a team of investors and philanthropists accelerating tomorrow’s most promising solutions.
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GCC, a producer of cement, aggregates, ready mixed concrete and innovative solutions, signed two new credit agreements aimed to finance part of a much-anticipated expansion of its Odessa, Texas, cement plant.
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Terra CO2, a leading U.S.-based low-carbon building materials company, signed Series B equity commitments for $82 million from a mix of financial and strategic investors. The funding positions Terra for rapid expansion of commercial facilities across North America and Europe.
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In line with its digitalization, innovation and sustainability goals, Titan Cement has invested in two companies pioneering digital transformation in cement and concrete manufacturing: Optimitive and Concrete.ai.
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Holcim and Amazon’s Climate Pledge Fund are investing in startups 14Trees and Paebbl to advance sustainable building.
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Holcim, the parent company of Holcim US and Lafarge Canada, invested in low-carbon cement tech startup Sublime Systems to expand its range of engineered solutions to decarbonize construction.
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Caribbean Cement, a subsidiary of Cemex, is expected to spend over $51 million this year to complete a kiln expansion at its Rockfort, Kingston, Jamaica plant, and to start new projects, reported The Jamaica Gleaner.
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In its commitment to growth in the North America region, RHI Magnesita has invested more than $35 million in technology, infrastructure and equipment upgrades.
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