TLDR:
– Swedish company Cemvision raises €10M in a seed round for their green cement technology
– The investment is led by Polar Structure and BackingMinds, along with Zacua Ventures from San Francisco
Sweden continues to lead in climate tech investments, with Cemvision securing the largest green cement seed round to date by partnering with investors from Sweden and San Francisco. The €10M investment comes after the company secured its first official customer contract, aiming to accelerate its operations in the $400B global cement market. Cemvision’s innovative products offer a sustainable alternative to traditional Portland cement, reducing CO2 emissions significantly while maintaining high performance. The investment from BackingMinds, Polar Structure, and Zacua Ventures highlights the growing interest in sustainable construction solutions and the potential for Cemvision to lead in decarbonizing the cement industry.
