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Queens Carbon raised $10M in Seed funding to expand operations with Clean Energy Ventures, Plug and Play, and Clean Energy Venture Group leading the round.

Apr 30, 20258 months ago

Amount Raised

$10 Million

Round Type

seed

Pine BrookRenewable EnergyEnergyManufacturing

Investors

Buzzi Unicem UsaClean Energy Venture GroupPlug And PlayClean Energy Ventures

Description

Queens Carbon, a Pine Brook, NJ-based developer of new cement technology, raised $10M in Seed funding. The round was led by Clean Energy Ventures with participation from Plug and Play and Clean Energy Venture Group and Buzzi Unicem USA. The company intends to use the funds to expand its team and operations, construct a pilot facility, and prepare for a commercial plant. This round brought its total funding to $30M.

Company Information

Company

Queens Carbon

Location

Pine Brook, New Jersey, United States

About

Queens Carbon’s mission is to build a sustainable future by eliminating deep-rooted CO2 emissions in industrial manufacturing and beyond. We’re developing a novel hydrothermal process that dramatically reduces the energy needed to decompose carbonate minerals and allows for the capture of all CO2 produced during the reaction. This low energy solution for carbonate processing creates a commercially viable path for widespread carbon capture projects and carbon neutral cement production. At scale, this technology will enable gigaton-scale reductions in industrial CO2 emissions via avoidance and capture routes.

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech