GreenJams

Stage: Seed 34

Manufacturer of carbon-negative building materials Tracxn Score

Business Description Key Information

Manufacturer of carbon-negative building materials. The company manufactures Founded Year 2019
carbon-negative building materials. Its materials include concrete, hempcrete, etc.
Total Funding $369K

Covered in Sector Location Visakhapatnam

Valuation $3.05M (as on Sep 07,2022)

 Environment Tech > Air Pollution Management Tech > Carbon Management >
Carbon Capture > Carbon to Materials > Building Materials > Concrete Rank among Competi… #8 in 30

 Sustainability Tech > Air Pollution Management Tech > Carbon Management >
Carbon Capture > Carbon to Materials > Building Materials > Concrete Financials
 Real Estate and Construction Tech > Construction Tech > Building Materials >
Advanced Building Materials > Concrete > Low Carbon Concrete Revenue $14.6K (as on Mar 2022)

EBITDA $-86.0K (as on Mar 2022)

Competition
Net Profit $-88.9K (as on Mar 2022)

recycleX
(2020, Bharuch, Funding Raised)
Leadership Team
Local Competitors
Navrattan Group
(2009, Mumbai, Unfunded)  Tarun Jami
Co-Founder
Sri Bhagawan Mahaveer Jain College BE 2014, Gujarat
CUT Jobs and Careers MS 2016, ACSIR PhD 2017
(2013, Calgary, $32.9M, Series A)
Global Equivalents  Varun Jami
CarbonCure Co-Founder
(2007, Dartmouth, $169M, Series E) JGLS BA & LLB 2019

 JLN Murty
Managing Director
Funding Details Ex-Tata Projects, Jindal Steel & Power. Annamalai
University, IEI Kolkata

Date Amount Round New Investors

Valuation Trends (USD)
Sep 07, 2022 $104K Angel Poornima SathyaNarayanan

Oct 14, 2021 $265K Angel InsightEdge, Jyoti Vikas Kasat $3.05M

$2.2M $2.17M

News

Dec 22, 2022 World’s First Verified Carbon-Negative Construction Block

Oct' 21 Mar' 22 Sep' 22

Dec 10, 2022 Vizag startup, a product of AU’s Incubation Ecosystem, aces carb…

Sep 22, 2022 Vizag Start-up GreenJams wins Swachhata Startup Challenge 2022

1 Date of Report Generation: 4th May, 2024 Copyright © 2024, Tracxn Technologies Limited. All rights reserved.
Jun 20, 2022 GreenJams makes it to Forbes 30 Under 30 Asia 2019
Revenue Trends (USD)
Jun 20, 2022 GreenJams Selected for MassChallenge Switzerland 2021 Acceler…

Jun 20, 2022 GreenJams Raises its Angel Round

$14.6K

Oct 25, 2021 Carbon-Negative Building Materials Startup GreenJams Raises its …

$641 $860

2020 2021 2022

Competing Market Investment

Trend*

$107M

$79.1M

$46.2M

$17.8M

$2.26M $832K

2018 2019 2020 2021 2022 2023 2024

* Investment Trends in the market that company and it's

competitors operates in

2 Date of Report Generation: 4th May, 2024 Copyright © 2024, Tracxn Technologies Limited. All rights reserved.