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R2Crete, a University of Melbourne spinout, secures $750,000 pre-Seed from Genesis Pre-Seed Fund and Uniseed to commercialize concrete recycling technology.
Amount Raised
A$750,000
Round Type
Seed
Investors
Description
R2Crete, a University of Melbourne research spinout, has raised $750,000 in pre-Seed funding to commercialize its patented concrete recycling technology and build a pilot plant. The funding from the university's Genesis Pre-Seed Fund and research commercialization investor Uniseed will support industry trials and commercial partnership development. The company's process converts waste concrete into clean aggregates and cement replacement, claiming up to 75% cement recovery and 50% carbon emissions reduction. Construction of the pilot plant is expected to finish by the end of 2026, with field trials beginning in early 2027.
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R2Crete 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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