Stories of Technology, Innovation, & Entrepreneurship in the Southeast

From New York City:

CRH Ventures, the venture capital unit of CRH, the leading building materials solutions business, is launching its latest accelerator named “Sustainable Building Materials.” Applications to the program are open until December 16.

According to the announcement, the new initiative will focus on exploring three key areas to enable more sustainable construction:

• Sustainable binder solutions — companies enhancing the carbon performance and / or the circularity of traditional cement or concrete materials;
• New materials and applications — companies developing novel materials or new applications of existing materials to create non-traditional solutions for cement or concrete applications; and
• CO₂ mineralized materials — companies utilizing CO₂ in binders, aggregates, waste feedstocks or concrete to develop building materials or products that also offer carbon storage.

The accelerator will identify start-ups in the Seed-, Series A- and Series B-stages that are poised to capitalize on the significant market opportunity decarbonization represents and support them as they develop and scale their operations. CRH Ventures will arrange one or more pilot programs for each shortlisted applicant, providing commercial users for products and facilitating technology refinement and engagement with selected partners in the construction space.

Start-ups will also gain broader access to CRH’s network of 200+ operating companies, gaining insight from CRH experts and exploring synergies as they scale their technologies. Participants in the accelerator will also be eligible for potential investments from CRH Ventures at the conclusion of the pilot programs.

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