Wavemaker Ventures leads Neocrete’s USD 3.5 million funding round

• Neocrete raised USD 3.5 million in a private funding round led by Wavemaker Ventures, with Icehouse Ventures, C3H, Catalytic Capital for Climate and Health.
• New Zealand-based Neocrete develops concrete additives that enable low-quality fly ash or volcanic ash to replace 30%-50% of cement.
• Brunei deployment with Readymix Brunei cut embodied carbon 25% and concrete costs 10%, equal to USD 6 per cubic meter.
• Funding targets expansion into Europe and the United States, with continued commercial rollout across Southeast Asia.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Wavemaker Pacific Partners Pte Ltd. published the original content used to generate this news brief on August 19, 2026, and is solely responsible for the information contained therein.