A Boston-based startup Sublime Systems has just secured $40 million in funding to develop a revolutionary new low-carbon cement technology. This technology seeks to drastically reduce the amount of carbon dioxide emissions produced by the cement industry, which make up an estimated 8% of global emissions.
In order to meet the goals set forth in the Paris Agreement, it is essential that this sector drastically reduce its carbon footprint in the coming years. This has proven to be particularly challenging as the traditional methods of producing low-carbon cement are much more expensive than their conventional counterparts.
Sublime Systems’ new technology aims to solve this problem by creating a low-carbon cement that is affordable and accessible. The company plans to use the $40 million to invest in research and development of their technology, as well as to hire additional staff and purchase new equipment.
The technology they are developing will use a combination of traditional cement production processes and innovative new methods that are designed to reduce the amount of carbon emissions produced. This includes using alternative materials and reducing the amount of energy required for production.
The company is confident that their technology will be able to drastically reduce the carbon emissions produced by the cement industry and help the world move towards a low-carbon future.