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CarbiCrete Secures $5M USD in Financing from BDC

Montreal, November 15, 2022 – CarbiCrete announced today that it has secured $5M USD in secure convertible note financing from BDC Capital’s newly launched Climate Tech Fund II. This funding is in addition to CarbiCrete’s previously announced $23.5M Series A financing round and $3.4M in grant funding from NGen – Canada’s Advanced Manufacturing Supercluster. The funds will be used for working capital, product development, and building out business development and marketing operations.

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