$18M investment round, led by Builders Vision, strengthens Carbon Upcycling’s push to decarbonize cement manufacturing.
Flagship project at Ash Grove’s Mississauga plant and new partnership with TITAN Group mark major commercial milestones.
Technology turns captured CO₂ and local waste into scalable cement alternatives, reducing emissions and strengthening supply chains.
Carbon Upcycling Technologies has closed an $18 million funding round, led by impact-focused investor Builders Vision, to accelerate the commercialization of its carbon capture and utilization (CCU) technology for the cement industry. The raise follows a period of rapid momentum, including a flagship project at the Ash Grove Mississauga Cement Plant and a newly signed agreement with TITAN Group to explore deployments at two of its sites.
“Builders Vision’s investment, along with the continued support of our partners, is a powerful signal that the market is ready for scalable, science-based solutions like Carbon Upcycling,” said Apoorv Sinha, CEO of Carbon Upcycling. “With their support, we are setting the foundation for low-carbon construction, demonstrating that it is not just possible — but practical, profitable, and available today.”
The round also included continued participation from strategic and institutional investors such as CRH Ventures, Oxy Low Carbon Ventures, TITAN Group, Climate Investment, Business Development Bank of Canada, and Amplify Capital—reflecting sustained confidence in the company’s commercial trajectory.
Carbon Upcycling’s technology converts industrial CO₂ emissions and low-value, locally sourced materials into high-performance supplementary cementitious products (SCMs), reducing emissions and localizing construction supply chains.
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“Carbon Upcycling is redefining what’s possible in industrial decarbonization by turning waste and emissions into valuable, scalable materials,” said James Lindsay, Investment Director at Builders Vision. “Their technology quickly integrates onsite into existing production and works with a wide range of local feedstocks — that’s what the market needs.”
With its reinforced investor base and strategic partnerships, Carbon Upcycling is positioned to lead the transition toward resilient, low-carbon construction materials on a global scale.
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