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 MoreTag: Breakthrough Energy Ventures
Amazon, 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.
Read More