Germany: Alcemy, manufacturer of low-carbon ‘Cem X’ cement, has raised US$10m to scale up its cement decarbonisation solution. The funding round will support research and development and Alcemy's entry into new markets, including the US, in 2024.
CEO Leopold Spenner said "With this additional nearly US$10m in funding and support from Norrsken VC, in addition to our first-round investors, we're paving the way to a low-carbon construction industry, one project at a time."