Everox Secures 10M€ Series A

We are excited to announce that we have successfully completed our €10M Series A funding round. This is a significant milestone for us, and it brings us closer to our goal of transforming the cement and concrete industry and building a sustainable future.

The equity round is led by a diverse consortium of impact-driven financial investors, a institutional investor, and strategic partners—demonstrating strong confidence in our solution.

InnovationQuarter (through the Energy Transition Fund Rotterdam), Taaleri Bioindustry, Chrysalix Venture Capital, Cimsa Building Materials, Titan Cement, and PI-Impact who join GBN Holdings, Delft Enterprises and ADR Technology as shareholders.

This funding enables us to:

• Build a first-of-its-kind concrete waste upcycling facility in s’Gravendeel, which will be operational by Q3 2025. This facility will process 150,000 tons of waste concrete per year, setting a new standard in waste concrete upcycling.

• Grow our team and scale up our technology to meet the growing demand for sustainable concrete materials.

• Expand our collaborations with industry partners. We have already signed 10 more collaboration agreements with future off-takers and feedstock suppliers.

• Develop new breakthrough innovations to further reduce the carbon footprint of concrete

• Expand our operations to at least 2 more strategic important locations globally

1. Industrial Testing Success:
   Since 2022, our pilot facility in Hoorn has processed thousands of tons of waste concrete, proving the practical application and viability of our upcycling technology on an industrial scale.

2. Demonstration Projects:
   Our upcycled materials have been used in six reference construction projects under the Dutch Climate Envelope initiative, showcasing their quality and performance in real-world applications.

3. Company Growth:
   Our team has expanded from 1 to 10 full-time employees over the past 18 months, reflecting rapid development and dedication to our mission of advancing sustainable practices.

4. First Commercial Partnership with Dura Vermeer:
   In May 2024, we signed our first commercial partnership with Dura Vermeer, a leading construction company, marking a key step toward commercializing our technology.

5. Launch of the Flagship Project:
   Initiated in June 2024 and set to be operational by Q2 2025, our flagship project will establish a first-of-its-kind commercial factory to process 150,000 tons of waste concrete annually, setting a new industry standard.

With the support of our investors, we are committed to providing high-quality, low-carbon alternatives to primary raw materials. Our holistic approach ensures:

• A validated reduction in environmental impact

• High quality materials

• Availability of circular building materials close to the point of use

By embracing innovation and collaboration, we can drive positive, lasting change in concrete production, reduce global emissions, and shape a better future for all.