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Fortera's low-carbon cement secures US$85m in funding

21 October 2024, Published under Cement News

Fortera, the Silicon Valley developer of the ReCarb process, where CO 2 from cement or other industrial emissions is mineralised and converted to concrete ReAct binder agents, has secured US$85m in Series C funding. This funding is to pursue additional plant installations after this year’s charter facility deployment at the CalPortland Co mil in Redding, California. Fortera reports investment from previous investors Khosla Ventures and Temasek, plus first time investments from Wollemi Capit...