Cocoon Carbon announced it raised $5.4 Million in an initial filing from an offering of $5.45 Million
Cocoon Carbon announced it raised $5.4 Million in an initial filing from an offering of $5.45 Million
06/04/24, 9:15 PM
Location
Money raised
$5.4 million
Industry
other
Company Info
Location
flat 3, union mills apartments
london, england, united kingdom
Additional Info
Cocoon is a London-based climate technology startup focused on decarbonizing steel and concrete industries. Their innovative modular technology repurposes slag, a by-product of steel manufacturing, to create a low-carbon alternative for cement. The company aims to reduce the environmental impact of construction materials while providing new revenue streams for steel producers. Cocoon's efforts address urgent climate goals in the construction sector by integrating green materials into existing supply chains.