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Cambridge Electric Cement raised £2.25m in seed funding led by Zero Carbon Capital to support low-carbon cement plans

PRIVATEJul 04, 2024

Amount Raised

£2.25 Million

Round Type

Seed

CambridgeManufacturingBuilding Material

Investors

Almanac VenturesDelph25Parkwalk AdvisorsCambridge Enterprise VenturesLegal & GeneralZero Carbon Capital

Description

Cambridge Electric Cement, a British start-up spun out of the University of Cambridge, has secured £2.25m in seed funding to industrialise low-carbon cement production. The funding round was led by Zero Carbon Capital and included existing investor Legal & General, alongside Cambridge Enterprise Ventures, Parkwalk Advisors, Delph25, and Almanac Ventures.

Quick answer

Cambridge Electric Cement raised £2.25 Million in a Seed round, dated July 4, 2024. Investors: Almanac Ventures, Delph25, Parkwalk Advisors, Cambridge Enterprise Ventures, Legal & General and Zero Carbon Capital. Cambridge Electric Cement is based in Cambridge, England, United Kingdom.

How much did Cambridge Electric Cement raise?
Cambridge Electric Cement raised £2.25 Million in a Seed round on July 4, 2024.
Who invested in Cambridge Electric Cement?
Almanac Ventures, Delph25, Parkwalk Advisors, Cambridge Enterprise Ventures, Legal & General and Zero Carbon Capital are named as investors in this round.
What does Cambridge Electric Cement do?
Cambridge Electric Cement is a British start-up founded in 2022 to commercialise research from University of Cambridge academics.
Where is Cambridge Electric Cement based and how big is it?
Cambridge Electric Cement is based in Cambridge, England, United Kingdom.
Who are the decision-makers at Cambridge Electric Cement?
Fundz holds 1 contact at Cambridge Electric Cement. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Building Material and Manufacturing around the same time

Companies in the same sectors as Cambridge Electric Cement that raised within 45 days of this round, from Fundz verified event records.

  • Lucid Group raised $1.5B (Convertible Note) on August 7, 2024.
  • Hella Infra Market raised $50M (Funding Round) on May 28, 2024.
  • Neochord raised $914K (Seed) on August 16, 2024.
  • Revolution-ZERO raised $321K (Funding Round) on August 16, 2024.
  • LASE Corp. raised $3M (Post-IPO Equity) on August 16, 2024.
  • DeCarice raised an undisclosed amount on August 15, 2024.

Who to call at Cambridge Electric Cement, and when

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Company Information

Company

Cambridge Electric Cement

Location

Cambridge, England, United Kingdom

About

Cambridge Electric Cement is a British start-up founded in 2022 to commercialise research from University of Cambridge academics. The company has developed a way to make low-carbon, circular cement by processing it through the same electric arc furnaces that are used to manufacture low carbon steel. Their innovation aims to reduce emissions generated by making cement in kilns, while being cheaper than other methods promoted by rival developers of 'sustainable cement'.

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Cambridge Electric Cement raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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