Rick Fox
Co-Founder / CEO
Partanna
This startup manufactures carbon-negative concrete that incorporates surface materials designed to absorb carbon dioxide, effectively mimicking the carbon absorption of trees. By providing a sustainable alternative to traditional building materials, the company enables construction projects to significantly lower their environmental impact.
- Clean Technology
- Construction Technology
- New Materials
Updated 21 months ago
Funding
Raised to date
$14.3MRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Funding rounds are not available yet.
Founders
Product
Problem
The construction industry relies heavily on traditional concrete, a material with a significant carbon footprint due to its production processes and the use of Portland cement. This contributes substantially to global greenhouse gas emissions and hinders efforts to achieve carbon neutrality in building projects.
Solution
Partanna provides a carbon-negative concrete alternative that incorporates surface materials designed to absorb carbon dioxide from the atmosphere, effectively mimicking the carbon absorption of trees. This innovative material utilizes a proprietary binder that replaces Portland cement, significantly reducing the embodied carbon in construction. Partanna's concrete is cost-competitive with traditional options and can be locally sourced in most large countries, making it a viable and scalable solution for decarbonizing the built environment. By using Partanna's materials, construction projects can achieve a net-negative carbon impact, contributing to a more sustainable and environmentally friendly future. The company also generates carbon credits through its carbon removal process, validated by leading carbon registries.
Target Audience
The primary target audience includes construction companies, real estate developers, and government entities seeking sustainable building materials to reduce their carbon footprint and achieve environmental goals.
Features
- Proprietary carbon-negative concrete formulation that absorbs CO2.
- Cost-competitive with traditional Portland cement-based concrete.
- Raw materials are abundantly available and can be locally sourced.
- Generates high-performing, technology-based carbon removal credits.
- Stronger than traditional concrete.
- Suitable for various applications, including residential, commercial, desalination, and coral reef development projects.