London-based startup Converge has secured €19.4 million in fresh funding to tackle one of construction’s biggest challenges—cutting concrete emissions. The company is using AI to decarbonise concrete, a material responsible for nearly 8% of global CO₂ emissions.
The round was led by ABN AMRO Sustainable Impact Fund. Other backers include Climate Investment, Move Energy, Pi Impact, J-Impact, and returning investors like TO Ventures and Force Over Mass Capital.
Converge will use the funding to expand its flagship product, ConcreteDNA—an AI-powered platform that helps builders track and improve concrete performance. By combining live sensor data with predictive models, the platform gives contractors the tools to reduce waste, speed up work, and cut carbon.
Making Concrete Smarter, Cleaner, and More Efficient
Founded in 2014, Converge began with a bold mission—to clean up one of the dirtiest parts of the building industry. Its solution blends AI algorithms, real-time monitoring, and data analytics to optimise concrete production from the ground up.
With this new investment, Converge plans to speed up global deployment. The platform helps builders make faster decisions, reduce errors, and lower the environmental cost of each project. It’s already being used to minimise embodied carbon and reduce delays caused by slow concrete curing.
CEO Raphael Scheps says this round is about scale. “With the support of impact-focused investors, we can bring our technology to more construction sites. Concrete is tough to decarbonise, but that’s exactly why we must act fast.”
The team believes smarter construction starts with better data. By embedding sensors into concrete pours, Converge collects live insights that train its AI to predict outcomes and suggest the best mix for both performance and sustainability.
Gaetano Giuffrè from ABN AMRO SIF added: “Converge is proving that even the most traditional industries can be transformed with the right tools. We’re excited to support their journey as they scale.”
As builders worldwide look for ways to meet green goals, Converge is giving them a way to do it—without sacrificing quality or speed. For a sector that still relies on guesswork, the shift to data-driven decisions is long overdue.
