Cloud Cycle
A platform enabling concrete providers to manage concrete quality better, reduce waste, save money and slash CO2 emissions.
Business Model:
Revenue: $0
Employees: 11-50
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Detailed Cloud Cycle Information
Geographic Data
Address:
City: London
State: England
Zip:
Country: United Kingdom
Financial Info
Stage:
seed
Raised Last:
$3M
Raised Total:$7M
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Description
Globally we produce over 10 billion tons of concrete each year, its the second most consumed material on the planet behind wate and is responsible for upto 10% of global CO2 emissions. Around 5% of all concrete produced goes to waste, this waste in the UK alone costs around £400 million. Cloud Cycle has developed an on-truck device and sensor array which feeds our cloud platform to ensure concrete meets specification &a; prevents waste. Even when surplus does still occur, our marketplace for the local on-sale of surplus concrete will find a buyer. We aim to save industry billions whilst reducing global CO2 by 1%. We are using advanced technology &a; the circular economy to transform the concrete industry.
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| Announced Date | Company | Transaction | Money Raised |
|---|
| Announced Date | Transaction | Number of Investors | Money Raised | Lead Investors | 7/2020 | Grant | 1 | $98k |
Innovate UK Innovate UK |
7/2020 | Seed Round | $0 |
Floreat Floreat |
9/2019 | Pre Seed Round | 1 | $150k |
Antler Antler |
9/2021 | Seed Round | $0 |
Antler Floreat Ozone Ventures Antler Floreat Ozone Ventures |
12/2019 | Grant | 1 | $227.3k |
Innovate UK Innovate UK |
10/2020 | Grant | 1 | $409.3k |
Innovate UK Innovate UK |
10/2019 | Pre Seed Round | 1 | - |
Antler Antler |
2/2021 | Grant | 1 | $1.2M |
Innovate UK Innovate UK |
9/2021 | Seed Round | 3 | $2.8M |
Antler Floreat Ozone Ventures Antler Floreat Ozone Ventures |
7/2020 | Seed Round | 1 | $1.8M |
Floreat Floreat |
10/2019 | Pre Seed Round | 1 | - |
Antler Antler |
|---|
| Announced Date | Name | Price |
|---|
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