Investors inject £10m in Cambridge spin-out making cement inside steel furnaces
5 Oct 2026
11:47
A Cambridge University spinout has raised £10m to make low-carbon cement in the furnaces that recycle steel.
The investment was led by a consortium of UK-based climate investors, with participation from a Singapore-based family office.
"The company has a capital light model to achieve scale," Stephen Price, investment partner co-lead investor Clean Growth Fund, tells Impact Loop.
The investment was led by a consortium of UK-based climate investors, with participation from a Singapore-based family office.
"The company has a capital light model to achieve scale," Stephen Price, investment partner co-lead investor Clean Growth Fund, tells Impact Loop.