Ada Ventures has invested £3M in Low Carbon Materials, a climate-tech company focused on providing sustainable alternatives to traditional construction materials.
Information on the Target
In 2024, Ada Ventures led a £3M Growth Acceleration Round for Low Carbon Materials (LCM), a climate-tech company that focuses on developing low-carbon, next-generation material alternatives aimed at the construction sector. LCM is at the forefront of efforts to decarbonize construction, offering innovative and patentable product solutions to address the pressing environmental challenges associated with traditional building materials.
LCM's team, composed of highly skilled professionals, is dedicated to creating carbon-negative aggregates—essential materials such as crushed stone, sand, and gravel that provide strength and stability to concrete and asphalt. Their flagship products, OSTO® and ACLA®, represent a significant advancement in sustainable construction materials, transforming the industry and contributing to a reduced carbon footprint in infrastructure projects.
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Industry Overview in the UK
The construction industry in the UK is a major contributor to greenhouse gas emissions, with concrete alone accounting for 8% of global emissions. Currently, the annual use of aggregates in the UK totals approximately 270 million tons, with pr
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Ada Ventures
invested in
Low Carbon Materials
in 2024
in a Growth Equity & Expansion Capital deal
Disclosed details
Transaction Size: $4M