Fortera secured $85 million in Series C funding to scale the deployment of its low-carbon cement technology, ReCarb, that integrates with existing infrastructure to capture industrial CO2 emissions and convert it to mineral form to achieve a ready-to-use, low-carbon cement.
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Fortera has formally commenced low-carbon ReAct cement processing at its ReCarb facility, adjacent to CalPortland’s Redding, Calif., cement plant. It is North America’s first industrial green cement and carbon dioxide mineralization facility and one of the largest of its kind in the world.
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In a strategic move to accelerate its commitment to cement decarbonization, Fortera has appointed Greg DiCosola as senior vice president of capital project execution.
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Cement decarbonization pioneer Fortera recently named Kas Farsad its chief strategy officer. He was the lead inventor of the company’s novel cement chemistry over a decade ago while working as a technical contributor.
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Materials technology company Fortera announced renewable energy and cleantech attorney Dan Cummings as general counsel and vice president of intellectual property.
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Fortera announced the appointment of Scott Healy as chief financial officer. The addition of a senior leader from the financial energy sector will hone strategy and promote the various value streams present in the portfolio of CO2 reduction solutions available from Fortera.
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Purebase Corp. is working toward a definitive agreement with Fortera Corp. that sets forth the terms of a collaboration to design, construct and operate a commercial facility at its headquarters in Ione, Calif.
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The Global Cement and Concrete Association (GCCA) revealed the first six start-ups that will be backed by its member companies as part of the first-ever Innovandi “Open Challenge” in the race to net zero by 2050.
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Silicon Valley-based materials technology company Fortera closed its $30 million Series B round, initiating the commercialization phase of its next generation low CO2 cement. The round was co-led by Temasek and Khosla Ventures, investors dedicated to accelerating efforts to achieve a net zero and sustainable global economy.
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Lehigh Hanson, a subsidiary of HeidelbergCement, and Silicon Valley-based materials technology company Fortera announced a collaboration to implement a new type of carbon capture and utilization (CCU) technology in a pilot installation at Lehigh’s Redding, Calif. cement plant.
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