TIME USA LLC reporters and editors include in their inaugural TIME100 Climate list two officials of startup companies developing low carbon, specification-grade binders for full replacement of portland cement in concrete: Brimstone Vice President of Materials Science & Geology Marcelo De Oliveira, Ph.D.; and, Sublime Systems Co-Founder and Massachusetts Institute of Technology Professor of Materials Science and Engineering Yet-Ming Chiang.…
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Investment syndicate strengthens CarbonCure ties to Amazon, Microsoft
Sources: CarbonCure Technologies, Halifax, Nova Scotia; CP staff A funding round for CarbonCure Technologies, developer of carbon dioxide-based processes for optimizing portland cement and compressive strength development in concrete, has once again attracted principals or affiliates of top technology brands.
Read MoreAmazon, Microsoft founders-backed fund tracks CarbonCure
Sources: CarbonCure Technologies Inc., Halifax, Nova Scotia; CP staff
CarbonCure Technologies, the developer and licensor of carbon dioxide-based processes augmenting ready mixed and manufactured-concrete production, has closed an investment round led by a fund whose principals include Amazon.com Inc., Bloomberg LP, LinkedIn, Microsoft Corp. and Virgin Group founders Jeff Bezos, Michael Bloomberg, Reid Hoffman, Bill Gates and Richard Branson. Of nine portfolio investments in $1 billion-plus Breakthrough Energy Ventures fund, CarbonCure is the sole entity directly tied to construction.
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