ecoLocked Raises €4 Million to Tackle the Construction Industry’s Carbon Footprint
ecoLocked team in its production plant - © Audacious Studios
ecoLocked, a Berlin-based climate tech company, provides functional, carbon-negative building materials to reduce the net carbon footprint of construction projects. Now, the company has announced the closing of its €4M seed funding round. The round was co-led by climate-focused VCs Matterwave Ventures and Climentum Capital, with participation from existing investors Counteract, SFO, Sabanci Building Solutions, and Voyagers.
With their innovative approach of transforming solid atmospheric carbon into high-performing building materials, ecoLocked offers biochar producers access to a highly scalable end application and unlocks the built environment as the largest human-made carbon sink.
Their first product line, eLM Zero, is an admix material, enabling carbon-neutral concrete. Multiple concrete producers in the DACH region and the Netherlands have already embedded eLM Zero into their product portfolio. Additionally, they collaborate with prominent players in the cement industry and work with municipalities and real estate developers to bring down construction projects’ footprint.
Read more about ecoLocked here.
