BASF Venture Capital GmbH

Solidia Technologies Inc.

Solidia Technologies has developed a technology platform that enables production of next-generation building and construction materials with outstanding physical properties, lower life-cycle costs and low environmental footprint. Solidia's “Low Temperature Solidification (LTS)” technology accelerates the natural bonding process of CO2 with minerals to form solids, ensuring that it happens in hours rather than years. In the building materials industry, this enables the production of stronger and more durable products ranging from facades to floor and roof tiles to decorative countertops. Solidia Technologies is also working to develop materials that can replace concrete. Preliminary findings show that the strength and properties of these materials far exceed those of traditional concrete. The sequestration of CO2 in the production process provides the additional benefit of creating a carbon neutral concrete replacement.

Solidia Technologies was founded in 2008 and is based in Piscataway, New Jersey, USA. BASF Venture Capital invests in Solidia along with Kleiner Perkins Caufield Byers, Bright Capital and BP Ventures.

Key Facts

 

Investment Year:

2011


Location:

New Jersey, USA


Focus:

Concrete production using carbondioxyde and Solidia Cement.

 

Joshua Speros
Investment Manager