Exterra Carbon Solutions (Series A)
Funding Details
Awarder
Inbox
Date Award
May 6, 2025
Vertical
Sustainable Materials
Funding URL
View Funding Page
Funding Amount
$14,500,000
Company Info
Founding Year
2021
Traction
Exterra is building the world’s largest asbestos mitigation facility and has a regional supply capacity of up to 800 million tons of asbestos mine tailings.
Organizations Involved
BASF, Énergir, WSP, Winsome Resources
Market
Energy Transition and Sustainable Building Materials
Location
Montreal, Quebec, Canada
Coinvestors
Clean Energy Ventures, BDC Capital, Government of Quebec, Investissement Quebec, MOL Switch, Kinetics
Company Description

Exterra specializes in the conversion of asbestos mine tailings into minerals including nickel concentrate for electric vehicle batteries and amorphous silica for low-carbon building materials. The company is building the world’s largest asbestos mitigation facility with an annual capacity to process over 300,000 tons of asbestos mine tailings.

Links
Website
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