# Cocoon Carbon

**Source:** https://www.startuphub.ai/startups/cocoon-carbon
**Profile type:** Startup

> Unlocking a new, scalable supply of key materials used to make concrete.

## About

Cocoon Carbon transforms electric steelmaking by-products into LoopCem™, a low-carbon Supplementary Cementitious Material (SCM). This cost-competitive alternative to Ordinary Portland Cement allows cement and concrete producers to reduce embodied CO₂ by up to 27% without additional cost. Their integrated process ensures a reliable SCM with consistent performance, enabling the decarbonization of both the steel and cement industries.

## Key facts

- **Slug:** cocoon-carbon
- **Website:** https://cocooncarbon.com
- **Location:** London, United Kingdom
- **Founded:** 2023-01-01
- **Operating status:** Active
- **Total funding:** $20M
- **Sectors / tags:** Construction, Materials Science, Sustainability, Climate Tech, Construction Materials, Industrial Decarbonization
- **Social:**
  - LinkedIn: https://www.linkedin.com/company/cocoon-carbon/

## Frequently asked

### What does Cocoon Carbon do?

Cocoon Carbon transforms electric steelmaking by-products into LoopCem™, a low-carbon Supplementary Cementitious Material (SCM). This cost-competitive alternative to Ordinary Portland Cement allows cement and concrete producers to reduce embodied CO₂ by up to 27% without additional cost. Their integrated process ensures a reliable SCM with consistent performance, enabling the decarbonization of both the steel and cement industries.

### What is Cocoon Carbon's revenue?

StartupHub estimates Cocoon Carbon's annual revenue at $7.3M (range $4.4M to $11.6M, 27% confidence), based on comparable companies in the sector.

### What is Cocoon Carbon's valuation?

StartupHub estimates Cocoon Carbon's effective valuation at $78.3M (range $51.0M to $122.4M, 22% confidence), based on comparable companies in the sector.

### How much funding has Cocoon Carbon raised?

Cocoon Carbon has raised a total of $20M in funding. The most recent round on record is Series A.

### Where is Cocoon Carbon headquartered?

Cocoon Carbon is headquartered in London, United Kingdom.

### When was Cocoon Carbon founded?

Cocoon Carbon was founded in 2023.

### What industry does Cocoon Carbon operate in?

Cocoon Carbon operates in Construction, Materials Science, Sustainability, Climate Tech, Construction Materials, Industrial Decarbonization.

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