Material Evolution raises £15m to scale manufacturing of low carbon cement

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Material Evolution raises £15m to scale manufacturing of low carbon cement
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Founded by Dr Elizabeth Gilligan and Sam Clark, Material Evolution’s cement has an 85% lower carbon footprint than ordinary Portland cement

Material Evolution, an Irish-founded company that has developed a manufacturing process to produce low carbon cement from industrial waste, has raised £15 million in an oversubscribed Series A funding round.

The investment is to be used to scale production of its groundbreaking product to serve as a replacement for ready-mix and precast concrete. Material Evolution’s cement has an 85 per cent lower carbon footprint than ordinary Portland cement.

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