Seed · Climate tech

CarbonStrong raises ₹12.5 crore seed for cement alternatives

IAN Angel Fund and Rainmatter co-led the round.

CarbonStrong raised ₹12.5 crore in a seed round announced on August 25, 2026. IAN Angel Fund and Rainmatter co-led, with participation from Social Alpha, Full Circle Ventures, Momentum Capital and Spectrum Impact.

The company turns industrial waste into binders that replace part of the cement used in concrete. It will use the financing to build its first production facility, expand its team, develop and test products, and move customer trials toward commercial production.

Use of funds

Build first production facility

Develop and test products

Expand team

Funding history

Seed · This round₹125M

Sources

  1. IAN Angel Fund and Rainmatter co-lead Rs 12.5 Cr seed round in climate-tech startup CarbonStrongentrackr.com · Aug 25, 2026