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

Fortera Secures $85 Million in Funding to Bolster Zero CO₂ Cement Technology

Fortera

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51-200 employees employees (Est.)
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Fortera, a pioneering materials technology company dedicated to revolutionizing the cement industry, has successfully raised $85 million in a recent funding round. This significant investment underscores the growing recognition of Fortera's innovative approach to achieving zero CO₂ emissions in cement production. With over 100,000 hours of research and development, 100+ global patents, and more than a decade of real-world product demonstration, Fortera is poised to make a substantial impact in reducing carbon footprints across the construction sector. The funding will primarily be directed toward the completion of Fortera’s first low-carbon cement plant, which is rapidly nearing completion in Redding, California. This state-of-the-art facility is set to become one of the world’s largest carbon mineralization plants, transforming how we think about cement production by capturing CO₂ and using it as a resource rather than a pollutant. Supported by esteemed investors such as Khosla Ventures and Temasek, Fortera is not just a company but a movement towards sustainable building practices. The funds will also be utilized for scaling operations and further enhancing its R&D capabilities, ensuring that Fortera remains at the forefront of innovation in low-carbon technologies. With this round of funding, Fortera is set to accelerate its mission of creating a sustainable future for construction and contribute significantly to the ongoing battle against climate change—a goal that resonates with both investors and environmentally conscious consumers alike.
December 17, 2024

Buying Signals & Intent

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

  • Carbon Neutral Technologies
  • Construction Materials
  • Sustainable Production Methods
  • Environmental Compliance Services
  • Partnerships in Green Technology

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