Fundz

Manchester-based Concretene snaps £3M for carbon-saving construction tech

PRIVATEOct 14, 2024

Amount Raised

£3 Million

Round Type

Funding Round

ManchesterManufacturingBiotechnology

Investors

LocalglobeMolten Ventures

Description

Manchester-based nanotechnology firm Concretene has secured £3M investment to bring its graphene-enhanced concrete admixture to market, a revolutionary solution aimed at reducing carbon emissions in construction. Molten Ventures led the venture capital funding round, with additional backing from LocalGlobe, which previously supported Concretene in building its core team.

Quick answer

Concretene raised £3 Million in a Funding Round round, dated October 14, 2024. Investors: Localglobe and Molten Ventures. Concretene is based in Manchester, England, United Kingdom.

How much did Concretene raise?
Concretene raised £3 Million in a Funding Round round on October 14, 2024.
Who invested in Concretene?
Localglobe and Molten Ventures are named as investors in this round.
What does Concretene do?
Concretene is a Manchester-based nanomaterial technology company aiming to decarbonise the concrete industry.
Where is Concretene based and how big is it?
Concretene is based in Manchester, England, United Kingdom. Fundz records about 17 employees.
Who are the decision-makers at Concretene?
Fundz holds 1 contact at Concretene. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Manufacturing and Biotechnology around the same time

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

  • Althion raised $427K (Pre-Series A) on November 28, 2024.
  • Ukhi raised $1.2M (Pre-Seed) on November 25, 2024.
  • Intensity Therapeutics raised $3.6M (Seed) on November 21, 2024.
  • Faircraft raised $16M (Equity Crowdfunding) on November 21, 2024.
  • Theranautilus raised $1.2M (Seed) on November 19, 2024.
  • Quanta Dialysis Technologies raised $60M (Series E) on November 18, 2024.

Who to call at Concretene, and when

A new round usually means Concretene is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Concretene raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Concretene, from your own LinkedIn network

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Company Information

Company

Concretene

Location

Manchester, England, United Kingdom

About

Concretene is a Manchester-based nanomaterial technology company aiming to decarbonise the concrete industry. Founded by civil engineers Rob Hibberd and Alex McDermott, it develops a graphene-enhanced admixture intended to reduce the carbon footprint of concrete. The company collaborates with key industry partners and utilizes innovative technologies from research centers such as The University of Manchester’s Graphene Engineering Innovation Centre. With recent venture capital backing, Concretene is poised for rapid commercialization of its environmentally friendly products.

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Concretene 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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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.