Hoffman Green accelerates cement production ramp-up through capital raise

France-based Hoffman Green Cement Technologies has launched a capital raise of Eur6 million ($6.9 million) to accelerate its production ramp-up and commercial activities, the company said June 18.

Hoffman Green specializes in producing cement without emissions-intensive clinker, which is used in traditional cement. The capital raise is intended to help it meet its goal of producing 100,000 metric tons of clinker-free, decarbonized cement in 2026 and to begin financing the first steps toward its third cement production facility.

"The transaction announced today should give us the means to support this new phase of development, to prepare the first steps of our future H3 site to meet growing market demand, and to continue our investments in innovation," Julien Blanchard and David Hoffman, the company's co-founders, said in a statement.

Hoffman Green said it expects to produce 40,000 metric tons of low-emissions cement in the first half of 2026, up from 19,640 mt in the first half of 2025.

The company shipped 50,700 mt of cement in 2025, according to its March earnings report.

The company's third production site, known as H3, is planned for construction in the Rhône-Alpes region of France and is scheduled to be commissioned in 2029.

Hoffman Green said the capital raise will also support research and development efforts to have six approved clinker-free cement products by 2030.