Under the agreement, the financing is secured by Carbon Upcycling’s assets, and ATEL receives an option to make a future investment in the company....
Since joining Carbon Upcycling in spring 2025 as Chief Revenue Officer, Markus has led the development of the company’s project pipeline and guided the company as it constructs its flagship commercial project. He succeeds co-founder Apoorv Sinha who assumes the role of President, focusing on...
Since joining Carbon Upcycling in spring 2025 as Chief Revenue Officer, Markus has led the development of the company’s project pipeline and guided the company as it constructs its flagship commercial project. He succeeds co-founder Apoorv Sinha who assumes the role of President, focusing on...
2026 marks the third year Carbon Upcycling has made the list. The recognition reflects progress made with our partners to advance large-scale projects across North America, starting with our first-of-its-kind project with Ash Grove Cement Company....
The project will use Carbon Upcycling's patented technology to permanently sequester CO₂ from the cement kiln and utilize it to transform locally produced industrial byproducts into high-quality, low-carbon supplementary cementitious materials (SCMs). Once operational in 2026, the facility will have the capacity to produce up to...
'Stamp of approval': Calgary-based company wins global climate solutions prize. Calgary's Carbon Upcycling turns industrial waste byproducts into materials for cement production — over the years, it has amassed US$70 million in funding....
The investment round garnered follow-on participation from a strong contingent of existing investors, including Business Development Bank of Canada, Climate Investment, Amplify Capital, and strategic investors CRH Ventures, Oxy Low Carbon Ventures, and TITAN Group. The continued participation of returning investors underscores the growing confidence...
Carbon Upcycling and TITAN Group have entered into a Memorandum of Agreement (MOA) to explore the commercial deployment of Carbon Upcycling’s technology for producing local, low-carbon building materials....
“Carbon upcycling is a fabulous example of Canadian innovation where they’re taking a waste product from the fossil fuel industry, CO2, and they’re turning it into a product that is absorbed and used in cement,” said Merran Smith, president of New Economy Canada....
We buy steel, cement and energy from international parties instead of prioritizing Canadian interdependence, contradicting not just environmental goals, but economic prosperity and growth for other Canadians. Domestic sourcing can offer significant, tangible benefits for Canadians in every province, and for Canada as a whole....