Seed funding of Koncrete
10 June 2025
(EPIC: SRC / Market: AIM / Sector: Construction Materials)
SIGMAROC PLC
('SigmaRoc' or the 'Company')
Skreenhouse Ventures by SigmaRoc Leads Investment in Koncrete
to Advance Digital and Low-Carbon Logistics
Skreenhouse Ventures ('Skreenhouse'), the innovation and investment arm of SigmaRoc focused on advancing technology across the raw materials and construction value chains, has led a €1 million seed funding round in Koncrete, a French construction technology startup. The investment supports efforts to digitise procurement and logistics in the building materials sector and reflects Skreenhouse's focus on scalable, data-driven infrastructure solution.
The Investment
Founded in 2023, Koncrete enables construction professionals to obtain real-time quotes, compare supplier pricing, and coordinate logistics through a unified digital platform. In its first year of operation, the startup has referenced over 2,800 suppliers, delivered to more than 10,000 construction sites, and facilitated the transport of hundreds of thousands of tonnes of materials.
The funding will be used to support Koncrete's continued growth in France, with a focus on improving operational efficiency and data-driven logistics.
Focus on Operational Efficiency and Emissions Reduction
Koncrete is also advancing a set of environmental initiatives aimed at reducing the carbon impact of building materials logistics. These include:
· Integrating recycled materials from demolition into supply chains
· Minimising empty return trips through freight optimisation
· Reducing average transport distances (currently 26 km, below the 32 km national average)
Fons Vermorken, Group ExCo Member - Innovate, SigmaRoc, commented:
"Koncrete is building essential infrastructure for the future of building materials logistics-efficient, data-driven, and lower carbon. We are pleased to support the team in scaling a solution that aligns with our commitment to industrial innovation and sustainability."
Information on the Company is available on its website, www.sigmaroc.com.
For further information, please contact:
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SigmaRoc plc Max Vermorken (Chief Executive Officer) Jan Van Beek (Chief Financial Officer) Tom Jenkins (Head of Investor Relations)
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Tel: +44 (0) 207 002 1080
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Panmure Liberum (Nomad and Co-Broker) Scott Mathieson / John More / Dru Danford
Deutsche Numis (Co-Broker) Richard Thomas / Hannah Boros |
Tel: +44 (0) 203 100 2000
Tel: +44 (0) 20 7260 1000
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About SigmaRoc
SigmaRoc is a quoted European lime and minerals Group.
Lime and limestone are key resources in the transition to a more sustainable economy. New applications for lime and limestone products as part of a drive for sustainability include the production and recycling of lithium batteries, the decarbonisation of construction including through substitution of cementitious material and new building materials, and environmental applications including lake liming, air pollution and direct air capture.
SigmaRoc invests in and acquires businesses in the lime and minerals sector. The principal activity of the Group is the production of lime and minerals products. The Group's aim is to create value for shareholders through the successful execution of its strategy in the lime and minerals sector.
SigmaRoc seeks to create value by purchasing assets in fragmented markets and extracting efficiencies through active management and by forming the assets into larger groups. It seeks to de- risk its investments through the selection of projects with strong asset backing. The Group seeks to implement operational efficiencies that improve safety, enhance productivity, increase profitability and ultimately create value for Shareholders.
About Koncrete
Koncrete is a digital logistics platform for the construction sector, providing tools to simplify sourcing, coordinate transport, and reduce the environmental footprint of material deliveries.
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