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Solidia Technologies Brings In New Funding

Advanced materials startup Solidia Technologies Brings In New Funding
Credit: solidiatech.com

A new round of funding was announced today by Solidia Technologies, a cement and concrete technology firm that produces patented scientific systems that seek to make it easy to use CO₂ to create better building, construction, and industrial products.

Eight investors participated in the round, among them OGCI Climate Investments, Kleiner Perkins Caufield & Byers, Bright Capital, BASF Venture Capital America, Lafarge, Total Energy Ventures, and BP Ventures.

Solidia Technologies produces cement with non-hydraulic, low-energy and low-emission chemistry. According to the company, its cement is stronger, more durable, more flexible and less expensive, using the same raw materials and equipment but consuming less water and energy, and taking less time.