Material Evolution raises $3.4 million, aims to curb CO2 emissions in the cement industry by 85%
Summary
The funding will be used to further construct a world-leading material science team, build out future projects, and fire up the mixer for batch production. Founded in 2017 by Elizabeth Gilligan, Ph.D, Architecture, the startup uses patented geopolymer technology and proprietary algorithms to produce what it bills as the most sustainable materials on the planet. The company aims to replace the industry standard, Ordinary Portland Cement through the continued development of these geopolymers. By employing AI and machine learning technology, the startup guarantees 100% consistency in every batch produced. “Concrete is the second most used material in the world after water, and cement equates to about 8% of our global CO2 emissions.
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