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Fortera develops materials technology to decarbonize cement by capturing CO2 from existing cement plants and turning it into stable carbonate with its ReCarb process. The result is a cementitious material with a lower carbon footprint. Fortera operates a production facility in Redding, California, and also partners with established cement producers worldwide to integrate ReCarb into their plants, enabling faster adoption across the cement and construction value chain. The company relies on a large patent portfolio (over 100 patents) and significant venture funding to scale its technology and expand globally. Its goal is to reduce emissions in cement production by providing low- and zero-carbon cement through in-plant capture and mineralization, and to broaden access to sustainable building materials.
Industries
Industrial & Manufacturing
Energy
Company Size
51-200
Company Stage
Series C
Total Funding
$160.5M
Headquarters
Los Gatos, California
Founded
2007
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Total Funding
$160.5M
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Funded Over
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Fortera, a cement manufacturer, has appointed Albert Luu as chief financial officer to support its transition to commercial-scale deployment. Scott Healy, who served as CFO since December 2022, has moved to the newly created role of chief origination officer. Luu brings over 20 years of experience in capital markets and finance across energy and hardtech sectors. He previously led finance at Heirloom and was an early finance hire at SolarCity, helping pioneer capital markets infrastructure for residential solar. Throughout his career, he has raised more than $10 billion in capital. Fortera operates a 15,000-tonne-per-year facility in California and is developing a 300,000-tonne-per-year commercial plant. Its ReAct low-carbon cement is the first single product to meet all six ASTM C1157 performance categories. Microsoft's Climate Innovation Fund has made a strategic investment in the company.
Microsoft is investing in Fortera through its $1 billion Climate Innovation Fund to boost low-carbon cement production for its datacentres. The investment will help build Fortera's first full-scale plant, producing 400,000 tons of cement annually, using technologies that cut CO2 emissions by up to 70%. Microsoft aims to reduce its Scope 3 emissions and has secured procurement rights and environmental certificates from Fortera. Erik Urosa from Microsoft will join Fortera's board as an observer.
Microsoft has invested in low-carbon cement producer Fortera through its Climate Innovation Fund to support Fortera's Redding, California plant. The investment allows Microsoft to procure Fortera's ReAct cement and environmental certificates. Fortera's plant, operational since last year, can produce 15,000 tons of cement annually, capturing 6,600 tons of CO2. With Microsoft's investment, production is expected to scale to 400,000 tons. Fortera plans a Series D round to raise $150 million and seeks $500 million for five new plants.
Microsoft has invested in green cement manufacturer Fortera, supporting the construction of its full-scale 400,000 ton-per-year commercial facility.
To meet the growing demand to lower the cement industry’s carbon emissions, advanced materials manufacturer Fortera secured $85 million in Series C fu
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Industries
Industrial & Manufacturing
Energy
Company Size
51-200
Company Stage
Series C
Total Funding
$160.5M
Headquarters
Los Gatos, California
Founded
2007
Find jobs on Simplify and start your career today