CarbonCure wins global Carbon XPRIZE competition
Dartmouth, Nova Scotia-based cleantech startup CarbonCure Technologies has taken home $7.5 million USD after winning the grand prize at the NRG COSIA Carbon XPRIZE competition.
CarbonCure’s mission is to reduce embodied carbon in the built environment by 500 million tonnes annually by 2030.
The global competition, which took place in three rounds over 54 months, challenged participants to develop technologies to convert carbon dioxide (CO₂) emissions into usable products.
CarbonCure was one of two grand prize winners, with the other being Los Angeles-based CarbonBuilt.
Founded in 2012, CarbonCure implements carbon capture solutions by storing CO₂ and recycling waste from concrete products. The startup’s mission is to reduce embodied carbon in the built environment by 500 million tonnes annually by 2030.