/Companies

EnviCore

Techstars '21

Calgary, CA · Founded 2019 · 22 employees on LinkedIn · 8 known investors

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EnviCore converts waste streams from mining and industrial sectors into supplementary cementitious materials to reduce cement consumption and CO2 emissions. The company serves mining and construction clients seeking to achieve net-zero waste and emissions targets.

Also known as EnviCore Inc.

Founders & leadership

EnviCore was founded in 2019 by Shahrukh Shamim.

SSShahrukh Shamim
Shahrukh ShamimCEO and Co-FounderShahrukh Shamim holds a master's degree in Chemical Engineering from the University of Calgary and a bachelor's degree in Material Science and Metallurgical Engineering from MANIT-Bhopal, India. He is co-founder and CEO of EnviCore, which converts industrial and mining waste streams into supplementary cementitious materials to reduce cement consumption and CO2 emissions.

Investors · 8

Also in the syndicate · 3

Faye McGregorHeidelberg MaterialsMark McGregor

Funding

SEC filings, press & company announcements

$4.2M disclosed across 1 round · 2024

Source: company announcements and press reports — follow each round's link for the claim.

Company profile

researched Sep 2026

EnviCore Inc. is a Calgary-based materials company that processes mineral waste streams into supplementary cementitious materials (SCMs, also called pozzolans) used to partially replace Portland cement in concrete. Feedstocks include mine tailings from copper, gold, zinc and lead, diamond, nickel and cobalt, silver, aluminium, iron and asbestos operations; kaolinite- and illite-rich clay minerals and natural pozzolans; recycled concrete paste and post-consumer glass; slag; shale; and bottom and coal ash, which the company upgrades into premium fly ash. A specialty product line produces colored SCMs from nickel-cobalt tailings for colored concrete applications.

The company positions its offering around two linked industrial problems it cites publicly: the volume of hazardous mine waste sent to tailings ponds, and the share of global human-caused emissions attributed to cement production. EnviCore states that each ton of Portland cement displaced corresponds to a reduction of 0.7 tons of CO2 emissions, and press coverage of its 2024 seed round reported that its technology can reduce the carbon footprint of cement production by up to 30% with SCMs replacing up to 35% of Portland cement in concrete mixes. The company describes itself as working with multiple cement and mining companies pursuing net zero waste and net zero emissions targets by 2050.

Founding story

EnviCore was founded in 2019 with a stated focus on helping the mining and construction sectors reduce their climate impact by repurposing mineral streams. The company's public team page lists Shahrukh Shamim as CEO and co-founder, Aseem Pandey as CTO and co-founder, and Dr. Milana Trifkovic as Scientific Director and co-founder.

Business model

EnviCore supplies low-carbon supplementary cementitious materials produced from clients' and locally sourced mineral feedstocks, with a process the company says can be retrofitted into an existing cement production facility or built close to one to minimize material transportation. It works with cement and mining companies, including a planned pilot production facility developed with a cement producer partner.

Traction

The company reports successful validation of its SCM technology on multiple mineral feedstocks, with performance validated by cement manufacturing companies, and states it is actively working with numerous cement and mining companies. Its public team page lists roughly 16 staff spanning process engineering, materials R&D, laboratory operations and business development. A feasibility study with Heidelberg Materials for a pilot SCM production facility was announced in October 2024.

Latest developments

In October 2024 EnviCore closed a seed funding round to scale production of its low-carbon SCMs, with plans for a feasibility study with Heidelberg Materials on a pilot SCM production facility near one of the partner's recycling hubs. An April 2025 RMI/Third Derivative article listed EnviCore among existing portfolio startups in the Industrial Innovation Cohorts addressing cement, steel and chemicals decarbonization.

▸Full profile — market position, technology, go-to-market, geography, history

Market position

EnviCore operates in the supplementary cementitious materials and industrial waste valorization segment of cement decarbonization, alongside other startups converting industrial wastes, slag, biochar and recycled cement paste into low-carbon cement alternatives. Its seed investors include a cement producer (Heidelberg Materials) and the venture arm of a large steel producer (CSN), and it is part of the Third Derivative Industrial Innovation Cohorts portfolio for heavy industry decarbonization.

EnviCore emphasizes low-temperature activation of mineral feedstocks without high-pressure or high-energy milling, local sourcing of minerals to reduce hauling, retrofittability into or siting adjacent to existing cement plants, and strength performance that matches Portland cement controls at 7 days and exceeds them at 28 days at 20% replacement.

Technology

EnviCore has developed a patent-pending process that converts a diverse set of mineral feedstocks into supplementary cementitious materials at low temperatures, achieving mineral activation without high-pressure or high-energy milling or disintegration. The company states this low-temperature route delivers an 85-90% CO2 reduction per ton relative to conventional materials and reduces both operating and capital expenditure. Company materials state the SCMs enable up to 20% cement replacement with mortars matching Portland cement control strength at day 7 and surpassing it at day 28; press coverage of the 2024 seed round reported SCMs replacing up to 35% of Portland cement and reducing cement production's carbon footprint by up to 30%.

Go-to-market

Mining companies seeking to repurpose tailings and other mineral waste, and cement and concrete producers and construction sector customers seeking lower-carbon cementitious materials and net zero waste and emissions targets.

Geography

Headquartered in Calgary, Alberta, Canada, with investor and partner relationships extending to Brazil (CSN) and Heidelberg Materials.

History

Founded in 2019, EnviCore developed and validated its SCM process across multiple mineral feedstocks and states that performance has been validated by cement manufacturing companies. In October 2024 the company announced the close of a seed funding round with investors including CSN Inova Ventures, Heidelberg Materials, Techstars, Hillside Ventures and angel investors, with proceeds directed at expanding production capacity, business development, R&D and operations. Plans announced alongside the round included a feasibility study with Heidelberg Materials for a pilot SCM production facility near one of Heidelberg Materials' recycling hubs. As of April 2025, EnviCore was listed as an existing portfolio company in the Third Derivative / RMI / Lemelson Foundation Industrial Innovation Cohorts focused on cement, steel and chemicals decarbonization.

Compiled by commissioned research from 9 cited public sources — announcements, filings, and press listed under research sources below.

Key figures

latest reported
Cement replacement rate enabled by SCMs (company site)Jan 202520%
Cement replacement rate enabled by SCMs (seed round coverage)Oct 202435%
CO2 reduction per ton from low-temperature SCM productionJan 202585-90% per ton
CO2 reduction per ton of Portland cement replacedJan 20250.7 tons CO2
HeadcountAug 202622
Reduction in cement production carbon footprintOct 202430%
Team members listed on company siteJan 202516 people

Company-reported or press-reported figures, each dated to when it was claimed — not independently audited.

Related companies · 1

Companies working in the same space as EnviCore.

Timeline · 3

launches, deals, and filings
Apr 2025
Listed in Third Derivative / RMI Industrial Innovation Cohorts portfolio

An RMI article on the Industrial Innovation Cohorts named EnviCore among existing portfolio startups tackling heavy industry decarbonization in cement, steel and chemicals.

source ↗

Oct 2024
EnviCore closes seed funding round to scale low-carbon cement materials

EnviCore announced the close of its seed round, with proceeds allocated to expanding production capacity, business development, R&D and operations expansion. Investors included CSN Inova Ventures, Heidelberg Materials, Techstars, Hillside Ventures and angel investors Mark and Faye McGregor.

$4.2M source ↗

Oct 2024
Feasibility study with Heidelberg Materials for pilot SCM production facility

EnviCore and Heidelberg Materials planned a feasibility study for a pilot supplementary cementitious materials production facility located close to one of Heidelberg Materials' recycling hubs.

source ↗

Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.

In the news

▸Research sources · 9

primary sources listed

9 public sources were cited for this profile; the first-party ones are listed here.

Frequently asked questions

What does EnviCore do?
EnviCore converts mine tailings and other mineral wastes into low-carbon supplementary cementitious materials for concrete.
Who founded EnviCore?
EnviCore was founded by Shahrukh Shamim in 2019.
Who are EnviCore's investors?
EnviCore's investors include Foresight Canada, Techstars, Third Derivative, CSN Inova Ventures, Hillside Ventures.
How much funding has EnviCore raised?
EnviCore has disclosed $4.2M raised across 1 round.
Where is EnviCore headquartered?
EnviCore is headquartered in Calgary, CA.