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News Novo Holdings invests US$65m in Biomason

Novo Holdings invests US$65m in Biomason

Written by Global Cement Staff 01 March 2022
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US: Denmark-based life sciences investment company Novo Holdings says that it has invested US$65m in bio-based clinker-free cement producer Biomason. Biomason uses microorganisms to grow its Biocement cement, without heating or CO2 emissions. The producer is in its Series C round of financing. Novo Holdings previously invested in its Series B financing round.

Last modified on 02 March 2022
Published in Global Cement News
Tagged under
  • US
  • Novo Holdings
  • Biomason
  • funding
  • Finance
  • CO2
  • Sustainability
  • low carbon cement
  • Alternative raw materials
  • GCW546
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