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News In Brief Startups

Strawcture Eco raises $375,000 in Seed Funding

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Strawcture Eco raises $375,000 in Seed Funding
05 Mar 2022
6 min read


News Synopsis

Social Alpha, Villgro Innovations Foundations, and Brigade REAP invest $ 375,000 in green building startup Strawcture Eco to build next-generation eco-friendly building materials that are durable, affordable and sustainable. Rahul Talwar, director of the DLF Family Office, and some HNIs also participated in the company.

Strawcture Eco develops bio panels designed from agricultural residues. The company also said Strawcture Eco will prevent the burning of designer stubble by creating alternative uses for agricultural waste that give farmers better incentives. In addition, the construction sector's huge carbon dioxide emissions combined with high water demand during the construction life cycle make the company's panels an ideal impact-oriented alternative.

Only 5% of structures claim to be green buildings in India under the guidelines of the Indian Green Building Council (IGBC). The country is expected to witness strong growth in the green building sector, which can result in increased demand for green building materials.

Despite Covid19, the company has doubled its sales over the last two years, serving customers in more than 11 states. Its key clients include ICICI Infrastructure, Heritage Experiential International School, Jayadeva Hospital and SELCO Foundation.

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