Tech Company Financing Transactions
CarbiCrete Funding Round
CarbiCrete, based in Lachine, Quebec, scored $700 thousand from Natural Resources Capital Management.
Transaction Overview
Company Name
Announced On
3/30/2026
Transaction Type
Debt
Amount
$700,000
Round
Undisclosed
Investors
Proceeds Purpose
The funding for this project will allow CarbiCrete to advance research and development initiatives focused on making cement-free concrete using a new curing process that works even when CO2 levels are low, as is generally the case with flue gas emissions.
Company Information
Company Status
Private & Independent
Industry
Clean Tech
Mailing Address
1730 55th Avenue
Lachine, Quebec, H8T 3J5
Canada
Lachine, Quebec, H8T 3J5
Canada
Phone
Website
Email Address
Overview
CarbiCrete is a Montreal-based carbon removal technology company that is developing innovative, low-cost building solutions that contribute to the reduction of greenhouse gas emissions. The company's patented technology, first developed at McGill University, enables the production of cement-free concrete. The process uses an industrial by-product -- the slag from steel factories -- to replace cement as a binding ingredient in concrete products. The process injects CO2 into the fresh concrete to provide strength, while permanently sequestering CO2 within the resulting products.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Gary Belisle
Chief Marketing Officer
Yuri Mytko
Chief Operating Officer
Andrew Schmidt
VP - Engineering
Ian Havill
VP - Finance
Simon Bidégaré
Browse more venture capital transactions:
Prev: 3/30/2026: deeplify venture capital transaction
Next: 3/30/2026: TerraSpark venture capital transaction
Share this article
About Database of VC Transactions
We do our best to report on every notable VC transaction. VC investment data records reported here are derived from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs