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Prometheus Materials, a Colorado-based developer of zero-carbon building materials, has announced the securing of $8 million in funding from investors including Skidmore, Owings & Merrill, The Autodesk Foundation, and the Microsoft Climate Innovation Fund. The funds form part of an effort by...
Prometheus Materials develops cement-free blocks using algae
“By using biological rather than chemical means to create a strong, durable binding agent for aggregate, we can now offer a zero-carbon alternative to carbon-intensive Portland cement. Our bio-cement will transform architecture as we know it, by providing the construction industry with a new decarbonised building material that has environmental and mechanical properties that mirror or exceed the capabilities of concrete, wood, steel, and glass,” Burnett explained.
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Prometheus Materials has announced that it closed its $8 million Series A financing round. The round was led by Sofinnova Partners, with participation by the Microsoft Climate Innovation Fund, Skidmore, Owings & Merrill (SOM), GAF, and The Autodesk Foundation.