Vikramaditya SinghHarsh JainSpectrum ImpactSocial AlphaFull Circle VenturesCarbonStrongIAN Angel FundRainmatter

Climate-tech startup CarbonStrong raises Rs 12.5 crore from IAN Angel Fund, Zerodha's Rainmatter; aims for 100,000-tonne annual capacity in 2 years

Bengaluru-based climate-tech startup CarbonStrong has secured Rs 12.5 crore from IAN Angel Fund and Zerodha's Rainmatter to develop low-carbon cement substitutes. The funding will enable the company to establish its first production facility and aims for an annual capacity of 100,000 tonnes within two years.

Indian Startup News Indian Startup News25 August 2026 · 11:05 UTC
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CarbonStrong, founded in 2022 by Harsh Jain and Vikramaditya Singh, is pioneering low-carbon binders by upcycling industrial waste, replacing up to 50% of cement in concrete. The recent funding of Rs 12.5 crore will facilitate the establishment of its first production facility and expand its team.1

The startup's innovative binder is created by processing industrial waste from sectors like coal and steel into high-performance cementitious materials. This approach not only reduces costs but also significantly lowers the carbon footprint of concrete production, maintaining performance without altering existing plants or processes.

Harsh Jain stated, “India will build most of its future in the next 25-30 years. We want every ton of that concrete to be stronger, cost-efficient, and lower in carbon footprint. This investment helps us take our now-proven technology to industrial scale.”6

CarbonStrong has successfully conducted several customer trials and is now focused on converting these into long-term supply relationships with ready-mix concrete companies, builders, and contractors. The startup is also targeting precast concrete and paver block manufacturers while expanding the range of industrial wastes utilized for cement substitutes, including materials from steel slag, copper slag, and mine tailings.24578

With a goal of achieving an annual capacity of 100,000 tonnes within two years, CarbonStrong is poised to make a significant impact in the construction industry by promoting sustainable practices.

Key Insight
“The startup's binder processes industrial wastes from coal and steel into cementitious materials, cutting cost and carbon footprint without changing plants or process. Co-founder and CEO Harsh Jain says the investment helps scale now-proven technology as India builds its future over the next 25-30 years.”
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Indian Startup NewsIndian Startup News
“CarbonStrong, a Bengaluru-based startup developing low-carbon cement substitutes from industrial waste, has raised Rs 12.5 crore in a round led by IAN Angel Fund, with participation from Rainmatter, Social Alpha, Spectrum Impact and Full Circle Ventures.”
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