ClimateCrete Secures $3.3 Million in Series A Funding for Sustainable Construction Aggregates

ClimateCrete, a Menlo Park, CA-based startup specializing in sustainable construction aggregates, has successfully raised $3.3 million in Series A funding. This funding round was spearheaded by Capital K, with additional participation from KAUST Innovation Ventures, the venture arm of Saudi Arabia’s King Abdullah University of Science and Technology (KAUST).

The injection of capital will empower ClimateCrete to amplify its operational capacity and extend its business footprint.

ClimateCrete’s Innovative Approach

ClimateCrete distinguishes itself by transforming previously unusable local sand into a sustainable aggregate, revolutionizing concrete manufacturing. This approach not only enhances the efficiency of concrete production but also significantly reduces the carbon footprint associated with the process. The company is at the forefront of making concrete production more environmentally friendly by enabling localized production.

Concrete Prototypes for a Sustainable Future

Currently, ClimateCrete is delivering its initial prototypes for concrete production to strategic partners in Saudi Arabia. This initiative aligns with the country’s ambitious real estate and infrastructure projects, totaling over $1.1 trillion. By facilitating sustainable concrete production, ClimateCrete contributes to the eco-friendly development of the region.

Leadership Expansion

Simultaneously, the company has disclosed the appointment of its inaugural CEO, Peter Hadrovic, signaling a pivotal moment in its organizational growth.