Carbon Upcycling Technologies entered an agreement with ATEL Ventures for up to $10 million in asset-secured financing. The investment will support the company’s flagship project at the Ash Grove Mississauga cement plant, which will permanently sequester CO₂ from the cement kiln and utilize it to transform locally produced industrial byproducts into high-quality, low-carbon supplementary cementitious materials (SCMs).
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Carbon Upcycling Technologies, a next-generation supplementary cementitious materials (SCMs) provider, appointed Markus Kritzler as chief executive officer to lead the company’s expansion across North America and Europe. He succeeds co-founder Apoorv Sinha, who assumes the role of president.
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Calgary-based Carbon Upcycling was one of 10 companies from around the globe to win the 2025 Keeling Curve Prize, part of the Global Warming Mitigation Project. Winners were awarded $50,000 to help scale their pioneering climate solutions.
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Carbon Upcycling Technologies and Ash Grove, a CRH Company, broke ground on Carbon 1 Mississauga – a Canadian first-of-its-kind commercial carbon capture and utilization facility at Ash Grove’s cement plant in Mississauga, Ontario.
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Carbon Upcycling Technologies announced the closing of its $18 million investment round led by Builders Vision, a team of investors and philanthropists accelerating tomorrow’s most promising solutions.
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Titan Group and Carbon Upcycling Technologies have forged a strategic partnership to explore the commercial deployment of Carbon Upcycling’s technology for producing local, low-carbon building materials.
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Carbon Upcycling Technologies, a leader in carbon and waste utilization, appointed Markus Kritzler as chief revenue officer. With over 20 years of strategy and executive experience, Kritzler joins Carbon Upcycling at a pivotal time as the company advances toward its flagship commercial-scale project.
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Carbon Upcycling announced its recent admission to the Portland Cement Association (PCA). This marks a significant step in the waste and carbon utilization company’s mission to enhance sustainability and reduce the carbon footprint of cement production.
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Carbon Upcycling Technologies, a decarbonization and carbon capture and utilization solution for hard-to-abate industries, announced Steven Berkenfeld as the new chair of its board.
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A $26 million Series A funding round positions clean tech firm Carbon Upcycling to advance carbon capture and utilization projects at Cemex’s Rugby, U.K., and Ash Grove Cement’s Mississauga, Ontario, Canada, plants.
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