CO

mineralisation and sequestration specialist Carbonaide has raised €3.7m through a combination of equity and supporting financial instruments, in an investment round led by existing owners Vantaan Energia, Redstone and Ihantola Invest. The company will use the funds to expand customer acquisition, develop its Carbonaide Service Platform and accelerate research and development of its Carbonaide CO

-curing system beyond precast concrete production.

CEO Tapio Vehmas said "We are well-positioned to scale our technology, expand our CO₂ partner network, and continue turning concrete plants into carbon sinks. There is clear demand in the construction industry for solutions that reduce emissions, showing that the industry is turning towards a low-carbon built environment."