# EnviCore

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/envicore

- Industry: Materials
- Headquarters: Calgary, Canada
- Website: www.envicoreinc.com/
- Total disclosed funding: $4.2M
- Latest round: Seed (Oct 15, 2024)
- Investors on record: 4

## About

Founded in 2019 and based in Alberta, Canada, EnviCore Inc. operates in the fields of sustainability and materials science, specifically focusing on the mining and construction sectors. Shahrukh Shamim (CEO), Aseem Pandey (CTO), and Milana Trifkovic are the co-founders of the company. In October 2024, EnviCore Inc. raised USD 4.2 million in seed funding co-led by CSN Inova Ventures, Heidelberg Materials, Techstars Ventures, and Hillside Ventures. 

The company develops solutions to address industrial waste challenges, with a focus on repurposing materials for low-carbon cementitious products. EnviCore transforms discarded materials into resources by leveraging waste from mining operations, including mine tailings from copper, gold, and other minerals, as well as recycled concrete, glass, and natural pozzolans. The firm’s approach supports a circular economy, mitigating the environmental impact of industrial byproducts. EnviCore partners with clients and communities to drive impactful change, aligning its operations with global efforts to reduce waste and promote a greener future.

The organization plans to use the October 2024 funding to accelerate the company's mission to transform the cement industry by scaling the production of low-carbon supplementary cementitious materials.

## Funding rounds

- Seed, Oct 15, 2024, $4.2M — Techstars, CSN Inova Ventures, Heidelberg Materials, Hillside Ventures

## Investors

- Techstars (https://capitalatlas.ai/funds/techstars) — Seed
- CSN Inova Ventures (https://capitalatlas.ai/funds/csn-inova-ventures) — Seed
- Heidelberg Materials — Seed
- Hillside Ventures (https://capitalatlas.ai/funds/hillside-ventures) — Seed