Los Angeles California based CarbonBuilt is raising $9,999,965.00 in New Equity Investment.
Los Angeles, CA – According to filings with the U.S. Securities and Exchange Commission, CarbonBuilt is raising $9,999,965.00 in new funding. Sources indicate as part of senior management Chief Executive Officer, Rahul Shendure played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.
About CarbonBuilt
CarbonBuilts mission is to enable concrete manufacturing to drive large-scale greenhouse gas reductions through the cost-effective utilization of carbon dioxide and other industrial wastes. Its Reversa process injects carbon dioxide emissions taken directly from industrial sources into proprietary low-carbon concrete formulations. This revolutionary approach reduces overall carbon dioxide emissions by more than 50 percent while creating end products that meet industry specifications and increase profitability for concrete producers. CarbonBuilt was spun out of UCLAs Institute for Carbon Management, which is led by Professor Gaurav Sant of the Samueli School of Engineering. .
To learn more about CarbonBuilt, visit http://www.carbonbuilt.com/
Contact:
Rahul Shendure, Chief Executive Officer
206-999-5373
rshendure@carbonbuilt.com
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