Tech Company Financing Transactions
Fortera Funding Round
On 8/20/2024, Fortera secured $85 million in Series C financing from Alumni Ventures, Khosla Ventures and Presidio Ventures.
Transaction Overview
Company Name
Announced On
8/20/2024
Transaction Type
Venture Equity
Amount
$85,000,000
Round
Series C
Proceeds Purpose
The company intends to use the funds to scale the deployment of its low-carbon cement technology that integrates with existing infrastructure.
Company Information
Company Status
Private & Independent
Industry
Advanced Materials
Mailing Address
251 E Hacienda Ave.
Campbell, CA 95008
USA
Campbell, CA 95008
USA
Phone
Undisclosed
Website
Email Address
Overview
Fortera's mission is to contribute to the global goal of reducing carbon dioxide emissions by one teraton. Inspired by nature, Fortera has developed a new cementitious material that provides significant economic saving compared to Portland cement, while reducing CO2 emissions by 60+%.
Management Team
Title
Name
Email & Social
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