Swedish tech startup Cemvision revolutionizes cement production with €10M funding

Cemvision. Image credit: Press photo.

Water remains the most widely utilized substance on Earth, but cement ranks as the second most frequently used material. The manufacturing process for cement is responsible for generating a considerable amount of global CO2 emissions.

With cement accounting for around 8% of global greenhouse gas emissions, there is a pressing need for sustainable alternatives.

Swedish tech startup Cemvision aims to solve this problem and has raised €10M in seed funding to transform the cement industry with its innovative process. Replacing fresh limestone with industrial by-products in their processes allows Cemvision to minimize their carbon emissions by an impressive 95%.

Cemvision’s Manufacturing Approach

Oscar Hållén, CEO of Cemvision, states that their cement manufacturing process leads to a significant 95% decrease in CO2 emissions compared to the standard approach, which still delivers the same strength level.

About 60% of the cement industry’s carbon footprint can be attributed to this specific process. In this process, limestone is heated in kilns, releasing calcium oxide and CO2

By utilizing industrial waste like steelmaking slag, Cemvision sidesteps this chemical reaction, eliminating a significant portion of emissions.

At its demonstration site in Poland, Cemvision manufactures cement utilizing bioenergy, while it’s working on an electrically-powered kiln at its research facility in Stockholm. The lower temperature required to process industrial waste results in reduced energy consumption overall.

Investors Backing Cemvision

Backed by investors such as Zacua Ventures, Polar Structure, and Backing Minds, Cemvision has already secured its first client, Swedish mining giant LKAB.

Hållén believes that regulations like the EU’s Carbon Border Adjustment Mechanism and growing demand for greener options will drive industry-wide adoption of sustainable cement solutions.

With a market worth around $400bn, Cemvision has enormous growth potential as it seeks to sell directly to industries that utilize cement.

As the leader in the net-zero cement game, Cemvision is set to revolutionize the industry with its innovative and sustainable approach. Their approach not only offers a viable path to reducing the cement industry’s carbon footprint but also positions the company at the forefront of the drive towards a net-zero future.

Curbing these emissions significantly lowers our environmental footprint, aligning with global efforts to mitigate climate change and safeguard the environment for future generations.

Techarenan News/Monok

Har du nyhetstips eller synpunkter? Kontakta oss

Skriv ut

Grunden i vår journalistik är trovärdighet och opartiskhet. Techarenan är obereoende i förhållande till politiska, religiösa, ekonomiska, offentliga och privata särintressen.