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Can Angirus’ Eco Bricks Replace Traditional Building Materials In India?

Inc42 · 10m ago

Indian startup Angirus is working towards making the construction sector more sustainable through its eco-friendly bricks made from non-recyclable waste materials, including plastics. The company has received INR 80 lakh in grants and awards from various organizations and has raised INR 36 lakh in equity from angel investors. The bricks are stronger, more durable, and provide better thermal insulation compared to traditional bricks. The startup is seeking INR 1.5 crore in equity and grants to support its expansion plans, including building a new facility in Bengaluru. India's fight against air pollution is crucial, with the country having some of the most polluted cities in the world.

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Plastic upcycling startup Kubik closes $3.34M seed to scale production in Ethiopia

TechCrunch · 2y ago

Plastic upcycling startup Kubik closes $3.34M seed to scale production in Ethiopia

Kubik turns hard-to-recycle plastic waste into affordable building materials including bricks, columns, beams, and jambs. The startup is now planning to double down on the production of building materials in Ethiopia before scaling to other countries within Africa, against the backdrop of a recently closed $3.34 million seed funding round.

India’s Eco-Warriors of Construction: The Story of Thekka BuildTech

YourStory

YourStory · 2m ago

India’s Eco-Warriors of Construction: The Story of Thekka BuildTech

Thekka BuildTech Corporation LLP, a pioneering startup in Pune, is transforming construction by recycling debris into durable building materials, aiding sustainable urban development. Founded in 2021, the company offers innovative solutions to manage construction and demolition waste, reducing landfill contribution. They provide end-to-end construction services, emphasizing eco-friendly practices. Led by Prasad Wakode, Thekka BuildTech aligns with global sustainability goals, showcasing that environmental responsibility and profitability can coexist in the construction industry.

This startup is using AI to discover new materials - StartupNews.fyi

Startup News FYI

Startup News FYI · 1y ago

This startup is using AI to discover new materials - StartupNews.fyi

Orbital Materials, founded by former DeepMind researcher Jonathan Godwin, is developing an AI-powered platform to discover new physical materials. Inspired by AI's potential in material science, the startup aims to revolutionize the process of material discovery, which traditionally involves time-consuming trial and error experiments. While AI cannot replace real-world experimentation, it can save time and money by mapping out properties and processes that may yield specific materials. Orbital Materials has developed a proprietary AI model called Linus, which generates 3D molecular structures based on natural language instructions from scientists. The startup recently raised $16 million in a Series A funding round to expand its team and advance its technology.

Recycling Startup Ricron Panels Bags Series A Funding From Boon Sustainability, Others

Inc42 · 1y ago

Recycling Startup Ricron Panels Bags Series A Funding From Boon Sustainability, Others

Indian plastic recycling company, Ricron Panels, has raised an undisclosed amount of funding in its Series A round. The funds will be used to boost marketing, distribution, and increase production to 2,000 tonnes per month. The round was led by Boon Sustainable Technologies and saw participation from existing investor Circulate Capital, as well as new investors like Harsh Mohunta, Dinesh Babbar, and Veromint Advisors. Ricron Panels aims to convert plastic waste into eco-friendly building materials and play a role in the growth of India's plastic recycling sector, which is projected to reach 23.7 million tonnes by 2032.

Pantomath’s Bharat Value Fund strikes third local bet in two months

VCCircle

VCCircle · 9m ago

Pantomath’s Bharat Value Fund strikes third local bet in two months

Pantomath Capital's Bharat Value Fund has made another investment in a domestic consumer company, following its recent investments in a building materials company and a personal hygiene-facing brand. The fund aims to capture the growing consumption demand in India.

Reliance Retail acquires majority stake in Alia Bhatt’s Ed-a-Mamma brand

Livemint

Livemint · 1y ago

Reliance Retail Ventures Ltd (RRVL) has invested in Ed-a-Mamma, an apparel brand founded by Alia Bhatt in 2020 for children aged 2 to 12. The partnership will expand the brand into new categories, including personal care, baby furniture, children's books, and an animated series. Ed-a-Mamma is known for its sustainability efforts, including using ethically sourced materials and eco-conscious production processes. The brand's inclusion of seedballs with each garment encourages eco-friendly practices. Financial details of the transaction were not disclosed.

⁠⁠Can Plastic Waste Build High Quality Homes? This Gujarat Startup Says Yes

YourStory

YourStory · 1y ago

⁠⁠Can Plastic Waste Build High Quality Homes? This Gujarat Startup Says Yes

Gujarat-based startup, Ricron Panels, is revolutionising waste management by transforming non-recyclable plastic waste into high-quality building materials. Utilising a proprietary technology, the company converts this waste into waterproof, rust-proof, fire-retardant, and heat-resistant sheets that serve as a low-cost alternative to traditional plywood. In addition to reducing costs and enhancing durability, these panels are sourced from ragpickers, contributing to a cleaner environment and empowering the informal waste collection sector. The entire production process is sustainable, generating no additional waste and saving tonnes of carbon emissions. Ricron Panels' innovative approach offers a promising solution to environmental challenges and promotes a more responsible building industry.

Sustainable packaging startup Fibmold raises $10M led by Omnivore, Accel

IndianStartupNews

IndianStartupNews · 1y ago

Sustainable packaging startup Fibmold raises $10M led by Omnivore, Accel

Fibmold, a sustainable packaging startup, has raised $10 million in a funding round led by Omnivore and Accel. The company specializes in producing eco-friendly molded fiber packaging products made from natural fibers such as bamboo and wheat straw. With increasing environmental challenges posed by plastic waste, Fibmold aims to provide sustainable packaging solutions and encourage the transition from single-use plastics. The funding will help Fibmold expand its operations and accelerate the growth of the sustainable materials industry in India.

South African PE CapitalWorks set to acquire building material firm

VCCircle

VCCircle · 10m ago

South African PE CapitalWorks set to acquire building material firm

South African private equity firm, Capitalworks Group, plans to acquire The Building Company (TBCo), a leading building materials and DIY retailer in South Africa, from Pepkor Holdings in a deal worth $62m. The transaction, which has received approval from the Competition Commission of South Africa, will enable Pepkor to divest a non-core asset and focus on its core business. TBCo, with its three brands Buco, Timbercity, and Tiletoria, operates 183 outlets across Southern Africa and offers a wide range of timber, building materials, and DIY products.

Researchers build world’s first computer without silicon using 2D materials at Penn State

Economic Times

Economic Times · 18d ago

Researchers build world’s first computer without silicon using 2D materials at Penn State

Researchers at Penn State have created a computer without silicon, using two-dimensional materials. This breakthrough demonstrates the potential to replace silicon, which has driven technology advancements for decades but is limited in downsizing. The new computer, made with materials like molybdenum disulphide and tungsten diselenide, shows promise for more flexible electronics. Despite challenges in speed and infrastructure, this advancement signifies a shift towards semiconductor technologies beyond silicon, with potential for future industry adoption.

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