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Neocrete raises US$3.5 million in a funding round led by Wavemaker Ventures to decarbonise concrete production and expand into new markets.
PRIVATEAug 20, 2026•about 3 hours ago
Amount Raised
$3.5 Million
Round Type
Seed
AucklandConstructionBuilding MaintenanceBuilding Material
Investors
C3 HIcehouse VenturesWavemaker Ventures
Description
Neocrete, based in New Zealand, has successfully raised US$3.5 million in a funding round led by Wavemaker Ventures, with participation from Icehouse Ventures and C3H. The funding will support its expansion into European and US markets and promote the commercial use of its low-carbon concrete technology in Southeast Asia. Neocrete’s innovative additives help reduce the carbon footprint and costs of concrete without compromising its quality. This investment follows the company's success in Brunei's largest port redevelopment.
Company Information
Company
Neocrete
Location
Auckland, Auckland, New Zealand
About
Neocrete is a New Zealand based business focused on making concrete sustainable.
Instead of emitting carbon into our atmosphere, imagine the buildings and infrastructure around us sequestering it. Instead of rain damaging these buildings, imagine them using the rain water to self-heal cracks. Imagine buildings as living, breathing organisms. For Neocrete this is not sci-fi fantasy, this is our business plan.
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