Tech Company Financing Transactions

Forterra Funding Round

On 9/10/2024, Forterra announced $75 million in Series B funding from Hedosophia, Moore Strategic Ventures and XYZ Ventures.

Transaction Overview

Company Name
Announced On
9/10/2024
Transaction Type
Venture Equity
Amount
$75,000,000
Round
Series B
Proceeds Purpose
The new funding will enable it to accelerate and scale the deployment of their autonomous driving system (ADS), AutoDrive®, with defense and industrial customers.

Company Information

Company Status
Private & Independent
Industry
Manufacturing
Mailing Address
22521 Gateway Center Drive
Clarksburg, MD 20871
USA
Email Address
Overview
Forterra is a leading provider of autonomous systems for ground-based movement in the working world. The company is among the earliest innovators in the field of driverless technology, focused on building systems which protect front-line soldiers and enable civilian workers in our industrial base.
Profile
Forterra LinkedIn Company Profile
Social Media
Forterra Company Twitter Account
Company News
Forterra News
Facebook
Forterra on Facebook
YouTube
Forterra on YouTube

Management Team

Title
Name
Email & Social
Chairman
Alberto Lacaze
  Alberto Lacaze LinkedIn Profile  Alberto Lacaze Twitter Account  Alberto Lacaze News  Alberto Lacaze on Facebook
Chief Executive Officer
Josh Araujo
  Josh Araujo LinkedIn Profile  Josh Araujo Twitter Account  Josh Araujo News  Josh Araujo on Facebook
Chief Technical Officer
Joseph Putney
  Joseph Putney LinkedIn Profile  Joseph Putney Twitter Account  Joseph Putney News  Joseph Putney on Facebook
VP - Bus. Development
Scott Sanders
  Scott Sanders LinkedIn Profile  Scott Sanders Twitter Account  Scott Sanders News  Scott Sanders on Facebook
VP - General Counsel
Christi Cox
  Christi Cox LinkedIn Profile  Christi Cox Twitter Account  Christi Cox News  Christi Cox on Facebook
VP - Human Resources
Taylor Baisey
  Taylor Baisey LinkedIn Profile  Taylor Baisey Twitter Account  Taylor Baisey News  Taylor Baisey on Facebook


 

 

Browse more venture capital transactions:

Prev: 9/10/2024: SmartCAT venture capital transaction
Next: 9/10/2024: Reshape Automation venture capital transaction

 

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Where The Data Comes From

We do our best to record funding rounds that are announced publicly. VC investment data records reported here are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


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