Concretene raises £4.5 million (US$6 million) to scale graphene concrete admixtures and make graphene from wastewater biogas

The money will go to industrial-scale admixture manufacturing, scaled concrete trials with industrial partners, and a “Manchester graphene” program. That program is a circular manufacturing plan that would use local wastewater biogas from United Utilities as feedstock to produce carbon-negative graphene at multi-tonne scale in Manchester. The graphene would be used to cut the carbon footprint of concrete assets for the water sector and the wider construction industry.

Concretene, a University of Manchester spin-out developing graphene-enhanced concrete admixtures, has raised £4.5 million (US$6.0 million) in the first close of its Series A round. The round includes £2 million (US$2.7 million) from NPIF II – PXN Equity Finance, which is managed by PXN Ventures as part of the British Business Bank-backed Northern Powerhouse Investment Fund II. Existing investors LocalGlobe and Molten Ventures also took part. Engineering consultancy Arup, another backer, supports the company’s technical development and industry adoption.The money will go to industrial-scale admixture manufacturing, scaled concrete trials with industrial partners, and a “Manchester graphene” program. That program is a circular manufacturing plan that would use local wastewater biogas from United Utilities as feedstock to produce carbon-negative graphene at multi-tonne scale in Manchester. The graphene would be used to cut the carbon footprint of concrete assets for the water sector and the wider construction industry.

Read More Graphene-Info – Graphene industry portal