Cocoon Carbon

London, United States · Founded 2023 · $20.4M raised

Headquarters
London
Founded
2023
Business Model
B2B
Total Funding
$20.4M
Last Round
$15.0M Series AMar 2026
Rounds
2

About

Cocoon is a London-based climate technology company transforming the by-product of electric steelmaking into LoopCem, a scalable, low-carbon Supplementary Cementitious Material (SCM) for the concrete industry. The company aims to unlock a circular economy between steelmaking and cement, targeting delivery of 11 million tonnes of SCM by 2032 to mitigate 10 million tonnes of CO2 emissions annually. Backed by $15 million in Series A funding led by 2150 and Brick & Mortar Ventures, Cocoon has piloted its technology at the UK's Materials Processing Institute and partnered with CRH's Sustainable Building Materials Accelerator.

Summary

Cocoon Carbon is a Climate Tech company based in London, United States, founded in 2023. It has raised $20.4M in total across 2 rounds, most recently a $15.0M Series A round in Mar 2026. Investors include 2150, Brick & Mortar Ventures and Wireframe Ventures.

Funding History

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Series ASeries AMar 2026
$15.0M

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Pre-Seed through Series A — per-round amounts, valuations, and who invested in each round.

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