Halifax’s CarbonCure Technologies is a co-winner of the US$20 million NRG COSIA Carbon XPRIZE, a five-year competition to find the world’s best products that use carbon dioxide.
As one of two winners, CarbonCure will receive a prize of US$7.5 million (C$9.4 million). The Halifax company was also one of the 10 finalists in 2018 and thus already received a US$500,000 interim prize. The other winner is Los Angeles-based CarbonBuilt, which is also working in the concrete industry.
CarbonCure plans to use the funds for two purposes: first, it wants to accelerate its mission to reduce 500