AROUND THE NETWORK: CRH Ventures Invests in Carbon Upcycling Technologies

BuiltWorlds member CRH Ventures recently announced their investment in Carbon Upcycling Technologies (CUT), a company whose patented technology aligns closely to CRH’s circular, zero-waste sustainability values.

CUT’s pioneering technology transforms local industrial byproducts and natural materials into superior additives. This helps to significantly reduce clinker content and CO2 emissions whilst also enabling cement and ready-mix concrete manufacturers to produce more sustainable products.

By using waste feedstock such as slag, shale, and fly ash, the environmental impact of cement and concrete production is reduced. CUT’s transformation process takes place in situ, cancelling costs associated with transportation and the related CO2 emissions. CUT offers one of the most sustainable solutions for the cement industry and we are proud to be part of their journey.

CRH Ventures was impressed by the strong team at CUT, led by Apoorv Sinha, who has recently been recognized with the prestigious “Top 35 Under 35” award from the Canadian Clean50 organization for his ground-breaking work in carbon utilization.

Through the partnership with Ash Grove (a CRH company) CRH plans to launch CUT’s first industrial-size facility at their Mississauga Cement plant, aiming to scale CUT’s technology across all operations whilst granting them access to CRH’s 50+ years of expertise.

CRH Ventures believes this collaboration will drive significant progress in the decarbonization of the cement industry, and looks forward to working with the CUT team to bring this innovative and sustainable solution to the broader market.

We will be talking about all things investment-related and more at our upcoming Venture West Conference in San Francisco, CA on March 20-22, 2023. BuiltWorlds Venture Conference has been the world’s premier conference focused on venture investing in construction and built environment-related emerging technology. Leading fund investors, strategic investors, and startups gather each year to take the pulse of the industry’s startup ecosystem at the BuiltWorlds Venture Conference. Hope to see you there!

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ABOUT AROUND THE NETWORK BRIEFS:

BuiltWorlds “Around the Network” Briefings offer BuiltWorlds Members an opportunity to keep the Community informed of their own initiatives, resource offerings, and other things they are excited to share about or collaborate around. We generally pull these posts as “highlights” from Member Company Pages, Innovation Exchange Posts, and other places our members share with us what they are up to.

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BuiltWorlds is the buildings and infrastructure industry’s leading professional network for open innovation, keeping companies in the worlds of engineering, construction and related fields informed and connected, and helping them find avenues to collaborate for their own strategic success and for the betterment of the industry, as whole. For more information about BuiltWorlds, visit the BuiltWorlds Network  or sign up for the BuiltWorlds Newsletter to stay connected to the Community for free.