Neocrete - Building a better tomorrow

Concrete is the most used product in the world. But cement — the glue that holds concrete together – is responsible for 8% of global CO2 emissions. Neocrete’s low carbon, high-performing concrete is helping change this. ​

​The company recently raised $6.5 million in a funding round led by Singapore-based venture capital firm Wavemaker Partners. The investment will see it continue to scale up commercially, set up a pilot plant in, and further its development of an ‘activator’ that reduces the amount of cement required to make concrete. ​

​It’s already achieved a 30-50% reduction and is on track to produce cement-free, zero-carbon concrete by 2027. “Neocrete is a leader in the future of concrete,” says Invest NZ GM, Dylan Lawrence. “Every tonne of traditional concrete made produces 0.9 tonnes of CO2 thanks to the cement used, so Neocrete’s goal to decarbonise concrete is game changing for the industry and the planet. “We were so excited to have Neocrete join NZTE’s 2023 InvestHER programme. Co-founder Zarina Bazoeva was among 7 women founders to pitch to investors across New Zealand and Singapore, and we’re really pleased to see it result in a successful capital raise.”​

​Cement is what binds concrete together, giving it strength. By combining smart chemistry and nano-technology, Neocrete has developed an additive that activates low carbon materials so they can replace cement, without the need for costly carbon and energy intensive industrial processes. . The result is a high performing, waterproof, durable, low carbon concrete that surpasses industry standards. It’s already been used in commercial and government funded projects across New Zealand. ​

​The international construction industry is actively searching for ways to reduce the carbon footprint of concrete, without compromising quality or elevating cost. Neocrete is in the early stages of trial programmes with some of the largest cement and concrete suppliers in the world. It’s able to generate recurring revenue by selling the ‘activator’– disrupting a US$360 billion dollar market and making a tangible positive difference to the planet. ​

​So, if you’re looking to do good and do well, New Zealand is a solid investment option. With a sustainable, inclusive, innovative business culture that delivers both societal and financial benefits. Talk to our team today to learn about your investment opportunities, along with our Investor Visa – whereby you can get residency for New Zealand by investing in companies like these.