The company invests in early-stage technology in Europe.
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Material Evolution raises $19M to decarbonise the cement industry
Material Evolution raises £15 million ($19 million) in a Series A round to scale production of its low-carbon cement. Its alkali-fusion process uses industrial wastes and feedstocks at ambient temperatures, avoiding fossil-fuel-fired kilns; the company says its cement has an 85% lower carbon footprint than Portland cement. Kompas VC leads the round, with Norrsken VC, Circle Rock, and strategic investor SigmaRoc participating.
Jun 2023 · TechCrunchNews article
Bluu Seafood reels in $17.5M to bring cultivated fish products to market
Bluu Seafood raises €16 million ($17.5 million) in a Series A round to bring its cultivated fish products to market. The German company makes fish sticks and fish balls from cultivated fish cells enriched with plant proteins. It expects to seek approval in Singapore in 2024, has started the FDA approval process, and plans to target Europe afterward.