Material Evolution, a pioneering sustainable materials company, today announced it has secured a venture debt facility from HSBC Innovation Banking UK, a leading financial partner to high-growth, innovation-led businesses. This facility will support Material Evolution’s continued development and scaling of its breakthrough ultra-low carbon cement technology. Founded to decarbonise the cement industry, Material Evolution uses alkali fusion and AI-powered design to create ultra-low carbon alternatives to traditional Portland cement. The company’s proprietary technology enables their first product, MevoCem, to reduce CO₂ emissions by up to 85% compared to conventional methods,…
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