# CarbonCure Technologies funding: rounds and investors

> CarbonCure Technologies has raised $88M across 4 rounds since 2012. Investors include BDC Capital, Eagle Cliff Partners and 350 Capital.

Source: https://millionrounds.com/company/carboncure-technologies (Millionrounds; every figure on the page links to its filing or article)

Canada · [Venture startup](https://millionrounds.com/companies)

# Who invested in *CarbonCure Technologies*

4 rounds we have observed, with the 10 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Climate Tech

Funding summary Updated 26 Oct 2026

**$88M** raised across 4 rounds since 2012, from 4 sources

**$1.6M** Series A **$3.5M** Series B **$3.0M** Series C **$80M** Venture

- **Latest round:** Venture, $80M Jul 2023
- **Step-up i:** 26.7×
- **Investors:** 10

See who backed them

## The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2012 2014 2016 2018 2020 2022

**$1.6M** Series A

**$3.5M** Series B

**$3.0M** Series C

**$80M** Venture

- **First round:** Series A, $1.6M
- **Biggest round:** $80M
- **Usual gap between rounds:** 22 months

## The rounds

- **Jul 2023** Venture **$80M** *2 new* [Breakthrough Energy](https://millionrounds.com/fund/breakthrough-energy) [Elemental Impact](https://millionrounds.com/fund/elemental-impact) Source recorded
- **May 2015** Series C **$3.0M** *2 new* [Pangaea Ventures](https://millionrounds.com/fund/pangaea-ventures) [Power Generations, Inc.](https://millionrounds.com/fund/power-generations-inc) From a historical funding record SEC filing: $375K sold, first sale May 2015
- **Nov 2013** Series B **$3.5M** *1 new* *4 returning* [BDC Capital](https://millionrounds.com/fund/bdc-venture-capital) [Innovacorp](https://millionrounds.com/fund/innovacorp) [Eagle Cliff Partners](https://millionrounds.com/fund/eagle-cliff-partners) [350 Capital](https://millionrounds.com/fund/350-capital) [Shaw Group](https://millionrounds.com/fund/shaw-group) Reported by carboncure.com SEC filing: $471K sold, first sale Nov 2013
- **Jan 2012** Series A **$1.6M** *5 new* [BDC Capital](https://millionrounds.com/fund/bdc-venture-capital) [Innovacorp](https://millionrounds.com/fund/innovacorp-2) [Eagle Cliff Partners](https://millionrounds.com/fund/eagle-cliff-partners) [350 Capital](https://millionrounds.com/fund/350-capital) [Shaw Group](https://millionrounds.com/fund/shaw-group) Reported by innovacorp.ca SEC filing: $25K sold, first sale Jan 2012

## Founders and team

From CarbonCure Technologies's own website: 1 founder, 3 on the team.

**David Redfern** Founder of Kyverra Group

- **Kristal Kaye** President & Chief Financial Officer
- **Yuliya Kravtsov** Chief Executive Officer
- **Brad Vickers** Vice President, APAC & EMEA

## Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

**Series A** 2012 **Series B** 2013 **Series C** 2015 **Venture** 2023 [BDC Capital](https://millionrounds.com/fund/bdc-venture-capital) [Eagle Cliff Partners](https://millionrounds.com/fund/eagle-cliff-partners) [350 Capital](https://millionrounds.com/fund/350-capital) [Shaw Group](https://millionrounds.com/fund/shaw-group) [Breakthrough Energy](https://millionrounds.com/fund/breakthrough-energy) [Elemental Impact](https://millionrounds.com/fund/elemental-impact) [Innovacorp](https://millionrounds.com/fund/innovacorp) [Pangaea Ventures](https://millionrounds.com/fund/pangaea-ventures) [Innovacorp](https://millionrounds.com/fund/innovacorp-2) [Power Generations, Inc.](https://millionrounds.com/fund/power-generations-inc)

## Everyone who backed them

[BDC Capital](https://millionrounds.com/fund/bdc-venture-capital) VC firm **2** rounds

[Eagle Cliff Partners](https://millionrounds.com/fund/eagle-cliff-partners) VC firm **2** rounds

[350 Capital](https://millionrounds.com/fund/350-capital) VC firm **2** rounds

[Shaw Group](https://millionrounds.com/fund/shaw-group) Investment firm **2** rounds

[Breakthrough Energy](https://millionrounds.com/fund/breakthrough-energy) VC firm **1** round

[Elemental Impact](https://millionrounds.com/fund/elemental-impact) VC firm **1** round

[Innovacorp](https://millionrounds.com/fund/innovacorp) VC firm **1** round

[Pangaea Ventures](https://millionrounds.com/fund/pangaea-ventures) VC firm **1** round

[Innovacorp](https://millionrounds.com/fund/innovacorp-2) VC firm **1** round

[Power Generations, Inc.](https://millionrounds.com/fund/power-generations-inc) Family office **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=carboncure-technologies).

## Quick answers about CarbonCure Technologies

### Who invested in CarbonCure Technologies?

CarbonCure Technologies's investors include BDC Capital, Eagle Cliff Partners, 350 Capital, Shaw Group and Breakthrough Energy, and 5 more on record.

### How much has CarbonCure Technologies raised?

CarbonCure Technologies has raised $88M across 4 rounds since 2012.

### When did CarbonCure Technologies last raise?

CarbonCure Technologies's most recent round was a Venture of $80M in Jul 2023.

### What was CarbonCure Technologies's biggest round?

Its most recent round, $80M in Jul 2023, is also its largest on record.

### Who backed CarbonCure Technologies first?

CarbonCure Technologies's first round on record, in Jan 2012, was backed by BDC Capital, Innovacorp and Eagle Cliff Partners and 2 others.

### What stage is CarbonCure Technologies at?

CarbonCure Technologies's latest named round is a Venture, in Jul 2023.

### Where is CarbonCure Technologies based?

CarbonCure Technologies is based in Canada.

## Companies like CarbonCure Technologies

In the same sector, and raised in the last eighteen months.

[**CURA** $14M · Sept 2026](https://millionrounds.com/company/cura)[**Kanin Energy** $100M · Sept 2026](https://millionrounds.com/company/kanin-energy)[**CERT Systems** $2.0M · Sept 2026](https://millionrounds.com/company/cert-systems)[**General Fusion** $241M · Jul 2026](https://millionrounds.com/company/general-fusion)[**NxLite** $13M · Jul 2026](https://millionrounds.com/company/nxlite)[**DevvStream Holdings** $1.5M · Jun 2026](https://millionrounds.com/company/devvstream-holdings)

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