When was CUT founded?

CUT was founded in 2014 and raised its 1st funding round 5 years after it was founded.

Where is CUT located?

CUT is headquartered in Calgary, Canada.

How many employees does CUT have?

As of May 31, 2026, the latest employee count at CUT is 54.

Is CUT a funded company?

CUT is a funded company, having raised a total of $50.9M across 8 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Jul 04, 2019.

When was the latest funding round of CUT?

CUT's latest funding was a $***** Venture Debt round on Apr 02, 2026, with participation from 1 investor.

Where does CUT rank among its competitors?

CUT ranks 1st amongst 44 active competitors, of which 22 are funded. It stands 3rd in terms of total funding among its competitors. The most recent competitor to raise funding was CUT, which secured an undisclosed amount in Apr, 2026.

Who are the top competitors of CUT?

CUT's top competitors include Paebbl, Neustark and Carbicrete. Among them, CUT secured the most recent funding round in April, 2026.

CUT - 2026 Company Profile, Team, Funding & Competitors

Company Details

Manufacturer focuses on advanced carbon-based building materials. It develops materials suited for concrete and similar construction applications using methods that incorporate captured carbon. Its work supports a range of structural needs through alternatives designed for durability and performance.

Website: carbonupcycling.com
Social
Phone Number: +1 **********

Key Metrics

Founded Year

2014

Location

Calgary, Canada

Stage

Series A

Total Funding

$50.9M in 8 rounds

Latest Funding Round

Venture Debt, Apr 02, 2026, $*****

Investors

BDC & 27 more

Ranked

1^st among 44 active competitors

Employee Count

54 as on May 31, 2026

Similar Companies

Neustark & 16 more

View CUT's full profile

CUT is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
Carbon Upcycling Technologies Inc. CIN: 1987505 , United States, Active		$1 - $1M (As on Jul 28, 2023)	-	-

CUT has raised a total funding of $50.9M over 8 rounds. Its first funding round was on Jul 04, 2019. Its latest funding round was a Venture Debt round on Apr 02, 2026 for $*****. 1 investor participated in its latest round. CUT has 27 institutional investors and 1 angel investor.

Here is the list of recent funding rounds of CUT:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Apr 02, 2026	2170007	Venture Debt	4096228	4327083	5735530	3825342
Jun 18, 2025	9004835	Series A	8136897	2381782	5797176	BDC & 6 more
Jul 28, 2023	6119726	Series A	8734452	6515005	Climate Investment & 1 more	Clean Energy Ventures & 5 more

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View details of CUT's funding rounds and investors

The founders of CUT is Greg Boser.

Here are the details of CUT's key team members:

Greg Boser: Former Co-Founder of CUT.

View details of CUT's Founder profiles and Board Members

CUT's employee count trend

CUT has 54 employees as of May 26. Here is CUT's employee count trend over the years:

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Top competitors of CUT include Paebbl, Neustark and Carbicrete. Here is the list of Top 10 competitors of CUT, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	CUT 2014, Calgary (Canada), Series A	Manufacturer focuses on advanced carbon-based building materials	$50.9M	Climate Investment, Clean Energy Venture Group ... & 26 others	63/100
2nd	Paebbl 2021, Stockholm (Sweden), Series A	Manufacturer of carbon-storing supplementary cementitious material for the construction industry	$32.9M	Capnamic Ventures, Holcim & 11 others	61/100
3rd	Neustark 2019, Bern (Switzerland), Series C	Provider of carbon mineralization technology that stores CO2 in demolished concrete.	$69M	Verve Ventures, Holcim & 13 others	61/100
4th	Carbicrete 2016, Westmount (Canada), Series A	Developer of technology enabling cement-free concrete production using industrial by-products	$22M	FS Investors, Google for Startups & 10 others	61/100
5th	CarbonCure 2007, Dartmouth (Canada), Series F	Developer of technology that injects carbon dioxide into fresh concrete	$169M	Breakthrough Energy, Pangaea Ventures & 33 others	58/100
6th	Blue Planet Systems 2012, Los Gatos (United States), Series C	Provider of carbon capture and sequestration solutions	$27.4M	Chevron Technology Ventures, Holcim & 2 others	55/100
7th	Concrete4Change 2021, Nottingham (United Kingdom), Seed	Platform offering circular concrete innovation	$5.72M	Zacua Ventures, Plug and Play Tech Center ... & 7 others	51/100
8th	GreenJams 2019, Visakhapatnam (India), Seed	Manufacturer of carbon-negative building materials	$1.12M	Fondation Botnar, Villgro & 38 others	47/100
9th	Adaptavate 2014, Bristol (United Kingdom), Seed	Manufacturer of carbon-negative construction materials for sustainable building	$9.01M	Counteract, Low Carbon Innovation Fund & 11 others	46/100
10th	Carbonaide 1996, Joensuu (Finland), Series A	Manufacturer of precast concrete materials	$6.56M	Vantaan Energia, Ihantola Invest & 4 others	46/100