UK's Converge raises 20M from Amsterdam's Move Energy, ABN AMRO, others to clean up concrete's carbon footprint - Silicon Canals
Briefly

London-based Converge, a tech company focused on AI-driven concrete management and decarbonisation solutions, has raised €20M in its latest funding round. The investment was led by ABN AMRO Sustainable Impact Fund and includes contributions from other investors like Climate Investment and Move Energy. The raised funds will help Converge accelerate its growth and innovate its flagship platform, ConcreteDNA. This platform aims to significantly reduce the carbon footprint of concrete production through advanced AI and data analytics, striving to support the construction sector's transition to a net-zero future.
At Converge, we aim to decarbonise the construction sector by using AI to optimise concrete production, helping the industry build a net-zero future.
Funding led by ABN AMRO Sustainable Impact Fund will enable Converge to accelerate its commercial expansion and enhance its technological innovations.
Read at Silicon Canals
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