Cemvision
 | This article is an orphan, as no other articles link to it. Please introduce links to this page from related articles; try the Find link tool for suggestions. (November 2024) |
| Industry | Building materials |
|---|---|
| Founded | 2020 : 4 years ago |
| Headquarters | Stockholm, Sweden |
Key people | Oscar Hållén Claes Kollberg Paul Sandberg |
| Website | https://www.cemvision.tech/ |
Cemvisions a Stockholm-based company.[1] The company is focused on developing low-carbon alternatives to reduce emissions in cement production. In 2003, it produced green cement equivalent to 4000 tonnes annually.
History
[edit]The company was founded in 2020. In 2021, it announced its production of green cement in industrial demo, which reduces CO2 emission by up to 95% compared to traditional cement production.[2]
In October 2022, it was selected for the Breakthrough Energy Fellows program started by Bill Gates.[3][4]
In December 2023, the company signed its first contract with LKAB, an international mining and mineral group to supply green cement.[5]
In 2024, Cemvision was recognized as one of the world's most innovative companies by Fast Company.[6] The company also announced a new agreement with Vattenfall for the supply and development of low-carbon cement.[7][8][9] Rob Van Riet at the World Economic Forum described the agreements as " a significant milestone of the sector." The company also announced customer agreements and started deliveries to mining company LKAB and construction company Peab.[10]
In March 2024, Cemvision raised ten million euros through seed funding from Swedish investors Polar Structure, BackingMinds[11] and Zacua Ventures based in San Francisco.[12][4][12][13]
Technology
[edit]The cement industry emits up to 8% of global CO2 emissions due to limestone heating and its inherent carbon content. Cemvision breaks this cycle by replacing conventional extraction and production of cement with near zero-emission alternatives. Cemvision's technology reduces CO2 emissions by up to 95% compared to the traditional Portland cement production.[2][10]
The company is one of few cement companies worldwide known to have reduce CO2 emissions to near zero while achieving industrial-scale production.[14]
Leadership
[edit]Oscar Hållén is the CEO of Cemvision. He previously worked for Klarna and as a speechwriter to the Swedish prime minister.[15][16] Claes Kollberg is the CTO and chair with extensive experience of building cement plants in Europe and Africa.[17] Another Co-founder is Paul Sandberg who holds 12 US patents and leads the company's cement chemistry efforts.[18]
Partnership
[edit]Cemvision is a member of the World Economic Forum's First Suppliers Hub, a global repository of innovative and emerging products needed to decarbonize the world by 2050.
Investors
[edit]Cemvision is backed by Breakthrough Energy, EQT and Norrsken.[5]
See also
[edit]References
[edit]- ^ "About us - Meet the Cemvisionaires". www.cemvision.tech. Retrieved 2024-11-01.
- ^ a b Staff, C. S. N. (2024-08-13). "Vattenfall and Cemvision Target 95% Cement Emissions Reduction". Climate Solutions News. Retrieved 2024-11-01.
- ^ Rebecca (2022-10-07). "Green cement gets recognition". Swedish Cleantech. Retrieved 2024-11-01.
- ^ a b "Bill Gates-backed Cemvision secures €10M in largest green cement seed round — TFN". Tech Funding News. 2024-03-22. Retrieved 2024-11-01.
- ^ a b "Sweden's LKAB Signs Green Cement Deal With EQT-Backed Startup". Bloomberg.com. 2023-12-21. Retrieved 2024-11-01.
- ^ Sisson, Patrick (2024-03-19). "How one company is turning dirty cement into a sustainable material". Fast Company. Retrieved 2024-11-01.
- ^ Segal, Mark (2024-06-24). "Vattenfall Signs Deal for Green Cement with Cleantech Startup Cemvision". ESG Today. Retrieved 2024-11-01.
- ^ Geschwindt, Siôn (2024-06-24). "Cemvision cements deal with Vattenfall for greener concrete". TNW | Sustainability. Retrieved 2024-11-01.
- ^ "Decarbonization of The Industry: Vattenfall And Cemvision Cooperate For Near-Zero Emission Cement - Renewable Energy Industry". www.renewable-energy-industry.com. Retrieved 2024-11-01.
- ^ a b staff, Global Cement (2024-05-14). "Peab intensifies partnership with Cemvision on 'green' cement". www.globalcement.com. Retrieved 2024-11-01.
- ^ "Cemvision raises €10M in landmark climate tech seed round | Enterprise Asia". 2024-03-21. Retrieved 2024-11-01.
- ^ a b Marzo, Stefano De (2024-03-21). "Stockholm-based Cemvision bags €10 million to lead the net-zero cement game". EU-Startups. Retrieved 2024-11-01.
- ^ "Cemvision raises €10M in landmark climate tech seed round". GeoConnexion. Retrieved 2024-11-01.
- ^ "Europe's green cement is taking off — here are the startups fighting to lead the $380bn market". sifted. 2023-12-19. Retrieved 2024-11-01.
- ^ "Sustainable concrete solutions: Swedish green cement startup Cemvision secures deal with Vattenfall". www.techarenan.news (in Swedish). 2024-06-26. Retrieved 2024-11-01.
- ^ Bell, Amy (2020-06-26). "Wanted: lawyers that can handle fast growth and ambition". Financial Times. Retrieved 2024-11-01.
- ^ "Claes Kollberg | Breakthrough Energy". www.breakthroughenergy.org. Retrieved 2024-11-01.
- ^ "Paul Sandberg | Breakthrough Energy". www.breakthroughenergy.org. Retrieved 2024-11-01.