Cemvision Revolutionizes Green Cement Industry with €10M Seed Round

March 25, 2024, 9:35 am
Cemvision
Employees: 11-50
Founded date: 2020
Total raised: $10.91M
CemVision
CemVision
Total raised: $10.91M
Sweden's Cemvision secures a groundbreaking €10M in a seed round to propel its mission of transforming the cement industry. The investment, led by Polar Structure and BackingMinds, along with Zacua Ventures, marks a significant milestone in the fight against climate change. Cemvision's innovative approach to producing fossil-free cement has garnered global attention and support from top venture capitalists.

Cemvision's cutting-edge technology slashes CO2 emissions by over 95%, offering a sustainable alternative to traditional Portland cement. By utilizing recycled materials and green electricity, Cemvision's cement not only reduces environmental impact but also boosts productivity with faster early strength development. The company's visionary founders, with extensive experience in the cement industry, are driving the shift towards net-zero emissions.

BackingMinds, a forward-thinking VC firm, recognizes Cemvision's potential to address the growing demand for environmentally-friendly construction solutions. With a focus on circular business models and innovative technologies, BackingMinds is committed to supporting Cemvision's mission of sustainable construction. Polar Structure, a key player in green infrastructure development, sees Cemvision as a strategic partner in achieving net zero emissions. By investing in essential solutions, Polar Structure aims to accelerate the transition towards a greener future.

Zacua Ventures, a sector-specific venture fund, is excited to join forces with Cemvision in revolutionizing the cement industry. With a global presence and a deep understanding of construction tech, Zacua Ventures recognizes Cemvision's potential to lead the net-zero cement movement. By backing Cemvision's exceptional team, Zacua Ventures is poised to make a significant impact on sustainability, productivity, and urbanization.

Cemvision's CEO, Oscar Hållén, expresses gratitude for the overwhelming support from investors worldwide. With a clear vision for the future and a commitment to innovation, Cemvision is on track to disrupt the cement market and pave the way for a more sustainable future. The €10M seed round not only accelerates Cemvision's operations but also solidifies its position as a leader in climate tech. As the world looks towards greener solutions, Cemvision stands at the forefront of the green cement revolution.