Funding · Climate, Energy & Sustainability
CarbonStrong secures Rs 12.5 crore seed round
By Startup Enthusiast ·
- Date
- Company
- CarbonStrong
- What it does
- low-carbon cement substitute maker
- Kind
- Funding
- Amount
- Rs 12.5 crore
- Stage
- seed
- Based in
- Bengaluru
- Founded
- 2022
What they do
CarbonStrong is a Bengaluru-based climate-tech company that creates low-carbon binders using upcycled industrial waste to substitute for cement
What happened
The startup raised Rs 12.5 crore in seed funding co-led by IAN Angel Fund and Rainmatter to build its first factory
Why it matters
This capital allows the business to progress from city pilot trials toward large-scale commercial manufacturing over the next two years
The details
- Climate-tech business CarbonStrong collected Rs 12.5 crore in seed capital.
- The financing round was co-led by IAN Angel Fund and Rainmatter.
- Additional participants included Social Alpha, Full Circle Ventures, Momentum Capital, and Spectrum Impact.
- The startup will allocate the money toward setting up its inaugural production plant.
- Proceeds will also support recruiting staff and running testing procedures on new formulations.
- The business aims to shift beyond pilot demonstrations into commercial production.
The bigger picture
- Global manufacturing of cement contributes more than 8% of worldwide carbon dioxide emissions.
- CarbonStrong states its formulation can lower carbon output by as much as 50%.
- The material also costs roughly 30% less than standard cement and prolongs concrete lifespan by 10-15 years.
About the business
- The venture manufactures low-carbon binders using reprocessed industrial waste streams.
- Its formulation can substitute for as much as half of standard cement in concrete batches.
- The blend works without requiring changes to existing client facilities, machinery, or operating techniques.
- Key purchasers include Ready Mix Concrete suppliers alongside makers of pavers and blocks.
- The company has executed demonstration work across Bengaluru, Hyderabad, and Chennai.
- Plans call for reaching an annual output volume of 100,000 tonnes within two years.
What happens next
- Erect the enterprise's first manufacturing facility.
- Grow the corporate workforce.
- Transition from pilot phases to commercial-scale output.
- Incorporate byproducts like steel slag, copper slag, and mine tailings.
The deal
- Type
- funding
Investors
- IAN Angel Fund (co-lead)
- Rainmatter (co-lead)
- Social Alpha (participated)
- Full Circle Ventures (participated)
- Momentum Capital (existing)
- Spectrum Impact (existing)
Founders
- Harsh Jain, Co-founder & CEO
- Vikramaditya Singh, Co-founder & COO
About CarbonStrong
- Product
- Low-carbon binders made from industrial waste replacing up to 50% of cement in concrete
- Customers
- Construction companies and concrete manufacturers seeking sustainable alternatives
- How it makes money
- Manufacturing and selling cement substitute to construction industry
- What sets it apart
- Upcycles industrial waste from coal and steel sectors without requiring infrastructure changes
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