Rotterdam-based C2CA, a company focused on transforming waste concrete into sustainable building materials, has raised €10M in a Series A funding round.
A consortium of impact-driven investors and strategic partners led the equity round. These include InnovationQuarter’s Energy Transition Fund Rotterdam, Taaleri Bioindustry, Chrysalix Venture Capital, Cimsa Building Materials, Titan Cement, and PI-Impact, who now join existing shareholders GBN Holdings, Delft Enterprises, and ADR Technology.
Thomas Petithuguenin, CEO of C2CA, says, “Thanks to this investment and with the continued support of our shareholders, we will deliver high-quality, low-carbon alternatives to primary raw materials—sourced from local demolition projects and supplied to local concrete producers.”
“This decentralised approach is a paradigm shift in the Industry. By embracing innovation and collaboration, we can drive positive, lasting change in concrete production, reducing global emissions, and shaping a better future for all.”
Transforming the concrete industry
C2CA is advancing sustainable solutions for the construction industry by replacing conventional concrete materials with upcycled waste concrete.
According to the company, cement production accounts for roughly 8 per cent of global CO2 emissions and billions of tons of concrete waste generated annually. C2CA looks to create a market for circular materials in concrete and reduce global CO2 emissions by 2 per cent by 2030.
Since opening its pilot facility in Hoorn (Netherlands) in 2022, C2CA has demonstrated the industrial-scale viability of its upcycling technology, processing thousands of tons of waste concrete.
The company’s upcycled materials have already been used in six construction projects under the Dutch Climate Envelope initiative, validating their durability and performance.
C2CA has also expanded its team from one to 10 full-time employees over the past 18 months. In May 2024, the company secured its first commercial partnership with leading Dutch construction firm Dura Vermeer, a step toward integrating upcycled concrete into mainstream construction.
Capital utilisation
C2CA will use the funds to develop a concrete waste upcycling facility in s’Gravendeel (Netherlands), scheduled to be operational by mid-2025. This facility, capable of processing 150,000 tons of waste concrete annually, aims to set a new industry benchmark for sustainable concrete materials.
The funding will also enable C2CA to expand its team and scale its technology, addressing the rising demand for eco-friendly construction solutions.
Additionally, C2CA plans to broaden its industry partnerships—having already signed 10 new agreements with future off-takers and suppliers—and advance innovations to further reduce concrete’s carbon footprint.
The company also intends to establish operations in at least two more strategic global locations.
Upcoming rebranding
C2CA has announced an upcoming rebrand, with plans to adopt a new company name that reflects its mission, values, and strategic goals.
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