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Tangible wants to scale up construction decarbonization


The real estate industry is a bit of a greenhouse gas powerhouse, responsible for 40% of all global emissions. A quarter of that comes from building materials, and Tangible has had enough. The company is building a tool for finding, managing and reporting on lower-carbon, more sustainable, building materials, and just closed a $3 million seed round to fulfill that mission.
Tangible today announced it has raised $3 million in seed funding. The round was led by early-stage construction tech investor Foundamental, and Fifty Years (which led the company’s previously undisclosed pre-seed round). Redstone Built World Fund, Pi Labs, Asymmetric and Deco Ventures participated in the round, as well.
The Tangible platform has been designed to support sustainability and development managers who use it as a tool to find low-carbon materials, drawn primarily from global environm …

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