CarbonCure Technologies Named to 2022 CNBC Disruptor 50 List
CarbonCure is recognized alongside other sector-defining companies on CNBC’s tenth annual Disruptor 50 list
HALIFAX, NS, May 17, 2022 — CarbonCure Technologies, the global leader in carbon dioxide removal technologies for the concrete industry, today announced that it has been named to the 2022 CNBC Disruptor 50 List.
CNBC’s annual list recognizes fast-growing and innovative private companies—spanning many industry verticals—whose breakthroughs are disrupting business-as-usual and moving markets at an accelerated pace. This 2022 list is the tenth cohort of CNBC Disruptor 50 companies.
“As we mark our tenth anniversary, CarbonCure is truly honored to be recognized on CNBC’s prestigious Disruptor 50 list. We’re proud to be transforming concrete into a climate solution by rapidly building the global infrastructure for permanent carbon storage in concrete,” said CarbonCure Chair and CEO Robert Niven.
Concrete is the world’s most consumed material, second only to water. And the manufacturing of cement—concrete’s key ingredient—is responsible for an estimated 7 percent of the world’s carbon emissions. That is about three times the emissions from global aviation.
Founded in Nova Scotia, Canada in 2012, CarbonCure’s mission is to annually reduce and remove 500 million metric tons of carbon dioxide from the air by 2030, with a long-term vision to support the complete decarbonization of concrete through continued innovation and the scaling of its suite of technologies. CarbonCure’s systems inject and permanently mineralize carbon dioxide within concrete, producing the same high-quality concrete with a lower carbon footprint, greater material efficiency and less waste.
“In collaboration with our innovative concrete producer partners around the world, by installing our turnkey solutions at existing plants, we’re fulfilling the massive demand for sustainable and circular concrete products,” Niven added.
The inaugural CNBC Disruptor 50 list in 2013 recognized sector-defining companies such as Airbnb, Pinterest, Spotify, Twitter and Uber.
“The fact that CarbonCure is named alongside these category-creating organizations—many of which have already achieved unicorn status in their respective industries—is great recognition of the hard work and innovation of our team and the immense progress we’ve made developing and deploying our carbon removal technologies,” said Niven.
With nearly 600 systems sold to concrete producers across 25 countries, CarbonCure’s output of lower carbon concrete continues to double year over year, with the rapid adoption of its hardware and software solutions.
CarbonCure’s carbon removal technologies have been used in nearly 2.5 million truckloads and more than 19.5 million cubic yards of concrete, saving more than 164,000 metric tons of carbon dioxide to date. That is equivalent to taking more than 35,000 cars off the road for a year.
CarbonCure Technologies, a fast-growing carbon dioxide removal tech company, is on a mission to annually reduce and remove 500 million metric tons of carbon emissions by 2030—equal to taking 100 million cars off the road each year. CarbonCure’s suite of technologies permanently store captured CO₂ in concrete through carbon mineralization. With more than 550 systems sold across the global concrete industry and a methodology verified by Verra, CarbonCure’s technologies currently save from the atmosphere thousands of metric tons of CO₂ each month—with exponential growth and impact, year-over-year. CarbonCure’s cutting-edge research and innovation have garnered global recognition and prestigious titles, most notably Carbon XPRIZE Grand Prize Winner, 2020 North American Cleantech Company of the Year and Cleantech 100 Hall of Fame Company. CarbonCure’s investors include Breakthrough Energy Ventures, Amazon, Microsoft, Carbon Direct, and Mitsubishi Corporation.
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