EUROPEAN INNOVATION COUNCIL AND SMES EXECUTIVE AGENCY - Materrup raises €26 million to deploy ten low-carbon cement plants
Summary
"These new will enable Materrup to expand its multi-patented technology platform internationally and accelerate its industrial deployment in European countries, by partnership with cement, concrete and construction," explains the company, which also announces the appointment of Julie Neuville as president "with the aim of performance and gender parity". "The entry of Eurazeo and EIC Fund into our capital allows us to accelerate our commitment to the planet by deploying in Europe, without delay, a model of production units based on virtuous circular economy loops," adds Julie Neuville, Public Sector and Innovation Specialist. Matterup has signed Partnerships with leading construction players including Vinci, Vicat and Bouygues Immobilier and has already created more than 10,000 m3 of low-carbon concrete for building foundations or More slabs of squares, alleys and cycle paths. We are convinced that this fundraising will allow Materrup to become a driving force decarbonisation in the cement industry in Europe, which emits a lot of CO2 and other greenhouse gases," explains Eurazeo, which is also a shareholder in Deezer (streaming platform), BackMarket (second-hand phones), Swile (payment) or Accor (hotels) and Foncia (real estate), which invests via its Smart City. ), this fund supports companies in "key sectors of the low economy" such as energy, mobility, logistics, buildings and industrial technologies" in Europe, but also in Asia, Israel and North America.