Holcim: invests in 2 startups alongside Amazon fund

(CercleFinance.com) - Holcim and Amazon's Climate Pledge Fund invest together in startups 14Trees and Paebbl to advance sustainable construction.


Amazon Climate Pledge Fund's funding of 14Trees, along with a follow-on investment by Holcim in its 3D printing joint venture with British International Investment (BII), will accelerate the startup's construction of large-scale buildings, including low-carbon data centers.

The investment in Paebbl as part of a larger investment round will further develop the startup's advanced mineralization technology, designed to permanently store CO₂ in concrete as a carbon sink.


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