Solidia Technologies Closes $78 Million Fundraise and Names Bryan Kalbfleisch CEO

30 Apr, 2021

Solidia Technologies Closes $78 Million Fundraise and Names Bryan Kalbfleisch CEO
Photo by Leon Dewiwje on Unsplash

– Solidia Technologies has raised $50m in a series B round of funding led by Breakthrough Energy Ventures, with participation from Canada Pension Plan Investment Board (CPP Investments), Breakthrough Energy Ventures, Prelude Ventures, and PIVA Capital.
– The company is now valued at $1bn.
– Solidia Technologies is a leading developer of low-carbon cement and concrete technologies.
– The company has developed a new cement technology that reduces CO2 emissions in the production of cement and consumes carbon in the production of concrete.
– The new funding will support the continued development and deployment of these leading technologies to accelerate the decarbonization of critical building materials industries.

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