European VC $158 Million Fund To Find Tech Solutions To Real Estate’s Sustainability (by Forbes)

... with the goal of creating a “sustainable city of the future.”

Cities and urban activities account for an estimated 75% of global carbon dioxide emissions, and real estate is one of the main culprits: As of 2016, the building sector was contributing 30% of global annual greenhouse gas emissions and consuming around 40% of the world’s energy, according to a United Nations Environment Programme Finance Initiative report.

  1. Does the technology help tackle a real estate challenge?

  2. Can 2150’s input truly add value?

  3. Is it a scalable solution?

  4. And does it have a measurable sustainability impact (which the fund defines as the potential to reduce or mitigate a gigaton of CO2 equivalent)?

CarbonCure Technologies, a Canadian company whose technology lowers the cement content of concrete while storing carbon dioxide in the concrete itself, reducing the material’s carbon footprint.

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« … car rien ne se crée, ni dans les opérations de l’art, ni dans celles de la nature, et l’on peut poser en principe que, dans toute opération, il y a une égale quantité de matière avant et après l’opération ; que la qualité et la quantité des principes est la même, et qu’il n’y a que des changements, des modifications. »

Antoine-Laurent De Lavoisier 1789, Traité élémentaire de chimie.