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Recently Funded|Amount: GBP 3.0M|Industry: Construction
LowCarbonMaterials Secures $3 Million Funding for Groundbreaking Green Construction Solutions
LowCarbonMaterials

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We are thrilled to announce that Low Carbon Materials (LCM), a pioneering climate-tech company dedicated to revolutionizing the green construction sector, has successfully raised $3 million in its latest funding round. Founded by a trio of brilliant Ph.D. students from Durham University—Dr. Natasha Boulding, Dr. Phil Buckley, and Scott Bush—LCM is committed to creating innovative, sustainable, and carbon-negative building materials. The company has garnered significant recognition, including being a finalist for The Earthshot Prize in the 'Fix Our Climate' category, thanks to its flagship product, OSTO. This innovative waste-based aggregate is designed to replace traditional aggregates in concrete, which is responsible for approximately 8% of global CO2 emissions. By integrating OSTO into concrete mixes, LCM aims to transform the industry and drastically reduce the carbon footprint of one of the most widely used construction materials worldwide. The newly secured funds will be pivotal in scaling production capabilities, expanding research and development efforts, and forging collaborative partnerships with construction firms to accelerate the adoption of sustainable building practices. With both Dr. Boulding and Mr. Bush recognized in Forbes 30 Under 30 for 2023, LCM stands at the forefront of the climate-tech movement, promising a greener future for the construction industry. For inquiries or further information about our innovative solutions, please reach out to us at sales@lowcarbonmaterials.com.
Buying Signals & Intent
Our AI suggests LowCarbonMaterials may be interested in solutions related to:
- Low-carbon construction materials
- Carbon negative aggregates
- Circular economy solutions
- Environmental consulting
- Sustainable construction practices
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