Holcim and Amazon to invest in innovative construction startups

Innovative startups 14Trees and Paebbl are set to receive investment from Holcim and Amazon’s Climate Pledge Fund

14Trees, which was established as a joint venture between Holcim and BII to accelerate the provision of sustainable construction solutions in Africa, will receive funding by Amazon’s Climate Pledge Fund as well as a follow-on investment by Holcim. With the company carving a name for itself by pioneering the delivery of the first 3D-printed house in Africa, the world’s first 3D-printed schools, and one of the largest 3D-printed neighbourhoods across the globe, the injection of capital will be used to accelerate its construction of large-scale buildings, including low-carbon data centres.

“We are excited to count Amazon and Holcim as investors in 14 Trees, to take our successful 3D-printed technology from homes and schools to data centers, to deliver low-carbon and high-performance buildings,” remarked Francois Perrot, managing director, 14Trees.

Carbon dioxide concrete storage

Paebbl converts CO2 into a future-proof industrial raw material that turns the built environment into a permanent carbon store. The investment into the company, meanwhile, is part of a broader investment round to scale its advanced mineralisation technology which is designed to permanently store CO2 in concrete as a carbon sink.

Marta Sjögren, co-founder and co-CEO, Paebbl, surmised, “We are thrilled to welcome first movers in their respective fields, Amazon and Holcim, as first commercial partners to bring our vision to market. This funding round enables us to take even bolder steps in our mission to make the built environment a cornerstone of the decarbonised economy.”

Nollaig Forrest, chief sustainability officer, Holcim, added, “By investing with Amazon’s Climate Pledge Fund into 14Trees and Paebbl, we can scale up these pioneering technologies to push the boundaries of sustainable building, from 3D printing to making concrete a carbon sink.”