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Recently Funded|Amount: USD 85.0M|Industry: Manufacturing

Fortera Secures $85 Million Funding to Revolutionize Cement Industry with Zero CO₂ Technology

Fortera

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51-200 employees employees (Est.)
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Fortera, a pioneering materials technology company on a mission to revolutionize the cement industry with its groundbreaking zero CO₂ cement, has successfully raised $85 million in its latest funding round. This significant investment, backed by esteemed investors such as Khosla Ventures and Temasek, underscores the growing interest in sustainable building materials that can tackle the climate crisis. With over 100,000 hours of dedicated research and development, along with more than 100 issued global and pending patents, Fortera stands at the forefront of innovation in the construction sector. The company is making strides toward commercializing its unique process of carbon mineralization, which has been validated through over a decade of real-world product demonstrations. The funds raised will primarily be allocated towards the completion of Fortera's first low-carbon cement plant in Redding, California, which is set to become one of the largest carbon mineralization facilities in the world. This strategic development will not only enable Fortera to scale its operations but also amplify its impact in reducing carbon emissions associated with traditional cement production. As Fortera continues to push the envelope in sustainable materials technology, this funding round marks a pivotal step towards its vision of a more sustainable future in construction, paving the way for significant advancements in both environmental impact and building practices. With the potential to transform how the industry approaches cement, Fortera is leading the charge toward a greener and more sustainable economy.
August 19, 2024

Buying Signals & Intent

Our AI suggests Fortera may be interested in solutions related to:

  • Low-carbon materials
  • Cement substitutes
  • Environmental technologies
  • Carbon capture solutions
  • Sustainable construction practices

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