Adaptavate Secures £2.7 Million in Funding
Adaptavate, a pioneering company at the forefront of low-carbon construction technology, has raised an impressive £2.7 million in a pre-Series A funding round. This significant investment will fast-track the company’s efforts to scale its innovative solutions globally. Leading the funding were Asia-based Undivided Ventures and the European venture capital arm Skreenhouse Ventures by SigmaRoc, with additional contributions from existing investors.
The funding is intended to support 'Project Crystal,' a critical initiative focused on establishing an industrial demonstrator facility. This facility will facilitate the accelerated scale-up and global adoption of Adaptavate’s flagship product, Breathaboard, a sustainable alternative to traditional plasterboard. Breathaboard has the potential to reduce carbon emissions by as much as 4 kilograms per square meter, making it an essential product in the push for circular and eco-friendly construction materials.
Tom Robinson, CEO and founder of Adaptavate, emphasized the importance of this funding round. He stated, “This latest funding marks a major stride towards our vision of making planet-positive construction materials an industrial reality.” Thanks to Undivided Ventures’ in-depth understanding of the rapidly growing South Asian market and SigmaRoc’s robust industrial expertise and decarbonization strategy, Adaptavate is well-equipped to enhance its impact.
In conjunction with this funding, Adaptavate has forged a strategic partnership with SigmaRoc. Together, they aim to create a resilient supply chain for calcium carbonate-based wallboards while exploring the production and distribution of Adaptavate's products across Europe, reinforcing the objectives of Project Crystal.
This funding round follows Adaptavate’s successful history of securing nearly £9 million through investments and public grants over the past few years. As part of its commitment to sustainability, the company has already begun trials of Breathaboard on major commercial sites in the UK, collaborating with industry giants such as British Land, Royal London Asset Management Property, and Overbury.
Takuya Sato, the Japan Lead at Undivided Ventures, expressed excitement about supporting Adaptavate’s mission. He stated, “We are thrilled to support Adaptavate in their mission to revolutionize the construction industry with sustainable materials.” He believes that the company’s innovative technology not only addresses pressing environmental concerns but also has immense potential for broad acceptance in the Asian market.
Fons Vermorken, a member of SigmaRoc's executive team, noted that their investment aligns with their goals for decarbonization and the promotion of scalable innovations throughout the construction supply chain. He said, “Project Crystal aims to apply Adaptavate's low-carbon technology intensively while forming a strong industry consortium for enhanced market adoption across Europe.”
As Adaptavate advances with Project Crystal, its vision for planet-positive construction is becoming increasingly attainable. By transforming the construction sector—from a significant source of emissions to a carbon sink—Adaptavate aims to play a pivotal role in supporting global climate objectives.
For more information about Adaptavate and its innovative products, visit
www.adaptavate.com.