CarbonStrong Technologies Private Limited has concluded a seed investment round led by Foundation for Innovation and Social Entrepreneurship and Rainmatter Investments.
Sidebar advised CarbonStrong Technologies on this fundraise.
The transaction team was led by Shivendra Singh (Partner), with support from Associates Swati Sharma, Tanay Sharma and Teesha.
Founding Partner Purusharth Singh provided strategic guidance.
Founded in 2022, CarbonStrong is a start-up focusing on innovative technology to produce low carbon concrete by replacing carbon-intensive raw materials like cement with industrial byproducts from coal and steel industries.
The transaction reflects increasing investors’ appetite for decarbonisation technologies targeting the construction sector.
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