Finnish company Carbonaide raises €3.7M to scale carbon-negative concrete technology
Carbonaide, a Finnish company that enables the manufacturing of carbon-negative concrete, has raised €3.7 million in its latest funding round, which it will use to scale up its operations and accelerate key strategic initiatives. The round was led by Carbonaide’s existing owners, Vantaan Energia, Redstone, and Ihantola Invest, and joined by a group of private investment companies and investors.
About Carbonaide
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Carbonaide is a Finnish technology company developing solutions for the reuse and permanent storage of CO₂ in concrete.
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Founded as a spin-off from VTT Technical Research Centre of Finland, Carbonaide has been deploying its technology in commercial concrete production since 2024.
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The company uses an automated carbonation process at atmospheric pressure to bind carbon dioxide into precast concrete products, reducing the carbon footprint of conventional Portland cement concrete by up to half.
Investment details
The round was led by Carbonaide’s existing owners, Vantaan Energia, Redstone, and Ihantola Invest, and joined by a group of private investment companies and investors, including Zero Carbon Future Group, Product Ecology Holding B.V., Helkama Kiinteistöt, and Ikorni Invest.
“With this momentum, we are well-positioned to scale our technology, expand our CO₂ partner network, and continue turning concrete factories into carbon sinks. There is clear demand in the construction industry for solutions that reduce emissions, showing that the industry is turning towards a low-carbon built environment,” says Tapio Vehmas, CEO of Carbonaide.
The new funding will be used to support Carbonaide’s international expansion, further development of its software platform for CO₂ management and carbon accounting, and continued R&D into new applications of carbon dioxide curing beyond precast concrete.
Read more: Finnish company Agileday raises €6.4M Series A to scale AI-powered platform and expand globally
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https://en.ain.ua/2026/01/30/carbonaide-raises-eur37m/