Global Cement
Global Cement Directory
  • Home
  • News
  • Conferences
  • Magazine
  • Awards
  • Photography
  • Knowledge Base
  • My details
  • Advertise
  • About
  • Privacy & Cookie Policy
  • Contact
News Carbicrete secures US$1.5m funding from SQN Venture Partners

Carbicrete secures US$1.5m funding from SQN Venture Partners

Written by Global Slag staff
21 December 2020
  • Print
  • Email

Canada: Carbicrete has secured US$1.5m in funding from US-based SQN Venture Partners (SQNVP). The funds will finance research and development activities at its new Lachine laboratory, as well as operations at its Drummondville pilot plant in Quebec. It said that this brings its total funding received from major investors in 2020 to US$8m with investment already agreed from Harsco Environmental, the Quebec Ministry of Energy and Natural Resources and Sustainable Development Technology Canada (SDTC). The technology company is developing concrete products made with steel slag for the construction industry.

Chief executive officer (CEO) Chris Stern said, “This venture debt cash injection following our equity financing further underlines the thesis that the financial markets are believing in value-added, carbon-negative technologies such as CarbiCrete that mitigate CO2 in our atmosphere. We are proud to have SQNVP as an investor in our company.”

Published in Global Slag News
Tagged under
  • Canada
  • Carbicrete
  • investment
  • ground granulated blast furnace slag
  • concrete
  • US
  • SQN Venture Partners
  • Harsco Environmental
  • Quebec
  • Minister of Energy and Natural Resources
  • Sustainable Development Technology Canada

Related items

  • UK government to invest Euro22.8bn in carbon capture projects
  • Construction underway on India’s first slag road
  • US slag sales estimated to be 15Mt in 2022
  • Harsco Environmental reports improvement in safety performance In 2022
  • Teesside University working on steel slag project with Material Evolution
Global Cement Weekly Sign up
Global Slag LinkedIn
acquisition China concrete contract data Ecocem fly ash France government granulated blastfurnace slag grinding plant ground granulated blast furnace slag Harsco Harsco Environmental Imports India infrastructure mill plant Product Production slag slag cement steel Steel slag sustainability UK Upgrade US World Steel Association
« March 2023 »
Mon Tue Wed Thu Fri Sat Sun
    1 2 3 4 5
6 7 8 9 10 11 12
13 14 15 16 17 18 19
20 21 22 23 24 25 26
27 28 29 30 31    
  • Home
  • News
  • Conferences
  • Magazine
  • Awards
  • Photography
  • Knowledge Base
  • My details
  • Advertise
  • About
  • Privacy & Cookie Policy
  • Contact
  • Magazine >>
  • Latest issue
  • Articles
  • Back issues
  • Links
  • Awards
  • Conferences >>
  • Global Ash
  • Global CemBoards
  • Global CemCCUS
  • Global CemEnergy
  • Global CemFuels
  • Global CemPower
  • Global CemProcess
  • Global CemQC
  • Global ConChems
  • Global Concrete
  • Global FutureCem
  • Global Gypsum
  • Global GypSupply
  • Global Insulation
  • Global Slag
  • Global Synthetic Gypsum
  • Global Well Cem
  • African Cement
  • American Cement
  • European Cement
  • Middle Eastern Cement
  • Websites >>
  • Global Cement
  • Global Gypsum
  • Global CemFuels
  • Global Concrete
  • Global Insulation
  • Pro Global Media
  • PRoIDS Online

© 2023 Pro Global Media Ltd. All rights reserved