Terms
- Announced
- 19 Aug 2026
- Instrument
- Equity
- Amount
- US$3.50m
- Source
- technode.global
Parties
- Project developer
- Neocrete
- Recipient type
- Technology company
- Country
- New Zealand (HQ) / Brunei & SE Asia (deployment)
- Capital providers
Capital providers and the amount counted for each Party Role Amount Basis Wavemaker Ventures Lead investor US$1.17m Estimated: an even share, 1 of 3 Icehouse Ventures Investor US$1.17m Estimated: an even share, 1 of 3 Catalytic Capital for Climate and Health Investor US$1.17m Estimated: an even share, 1 of 3
Carbon
- Pathway
- Mineralisation
- Project type as recorded
- Low-carbon concrete - cement replacement additives
What happened
- Founded 2018. Additives that let poor-quality fly ash and volcanic ash replace 30-50% of cement. Follows a US$4M seed in 2024. Proceeds fund continued SE Asia deployment (Readymix Brunei / Muara Port redevelopment, delivering ~25% carbon and ~10% cost reduction at US$6/m3) plus expansion into Europe and the US.
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