Cocoon Secures $15M Series A to Fix A Critical Supply-Demand Gap in the Concrete Industry

Cocoon has announced the closing of a $15 million Series A round. The investment was co-led by 2150 and Brick & Mortar Ventures, investors in the built environment and construction sectors. The round included participation from The Venture Collective (TVC) and continued support from existing investors Wireframe Ventures, Celsius Industries, Gigascale Capital, and SOSV.

The Series A funding will support the deployment of Cocoon’s first commercial demonstration facility in the United States. This project will validate performance at an industrial scale and establish the operating track record needed to finance a broader rollout across more than 50 steel plants in the U.S. and Europe, with Cocoon’s plug-and-play approach allowing for faster deployment. CEO and Co-Founder of Cocoon Carbon

Eliot Brooks, CEO and Co-Founder of Cocoon Carbon, said, “We’re focused on delivering a plug-and-play solution that gives concrete producers access to affordable, local materials – while improving the economics of electric steelmaking. Expanding supply is the fastest way to stabilise costs and lower carbon in concrete.”

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