Fortera

Fortera

Decarbonizes cement via CO2 mineralization

Overview

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.

About Fortera

Simplify's Rating
Why Fortera is rated
B-
Rated B on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

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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Simplify's Take

What believers are saying

  • Microsoft's $1B investment funds 400,000-ton Redding plant scaling.
  • Graymont partnership leverages networks for global ReCarb® commercialization.
  • $85M Series C accelerates worldwide low-carbon cement deployment.

What critics are saying

  • LafargeHolcim, Heidelberg Cement undercut via scaled competing capture in 12-24 months.
  • Microsoft exit eliminates 40% revenue, derails Series D in 18-36 months.
  • Regulatory pricing failures in EU ETS, California cap-and-trade stall adoption in 24-36 months.

What makes Fortera unique

  • ReCarb® technology mineralizes CO2 into ReAct® cement, reducing emissions 70%.
  • ReAct® first meets all six ASTM C1157 categories per Dec 2024 testing.
  • Bolt-on ReCarb® integrates into existing kilns without new infrastructure.

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Funding

Total Funding

$160.5M

Above

Industry Average

Funded Over

5 Rounds

Series C funding is usually for startups that are doing well and are looking for more money to fuel major growth, such as acquiring other companies, expanding into global markets, or launching new product lines. Investors typically include larger venture capital firms and private equity.
Series C Funding Comparison
Above Average

Industry standards

$50M
$50M
Medium
$62M
SeatGeek
$85M
Fortera
$100M
Oura

Benefits

Health Insurance

Dental Insurance

Vision Insurance

Life Insurance

Disability Insurance

Health Savings Account/Flexible Spending Account

Unlimited Paid Time Off

Paid Vacation

401(k) Retirement Plan

401(k) Company Match

Growth & Insights and Company News

Headcount

6 month growth

-3%

1 year growth

2%

2 year growth

2%
Global Construction Review
Oct 2nd, 2025
Microsoft Invests $1bn in Fortera Cement

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.

Data Centre Dynamics Ltd
Sep 23rd, 2025
Microsoft invests in Fortera's $150M plant

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.

Business Wire
Sep 23rd, 2025
Fortera Secures Microsoft Funding for Low-Carbon Cement Production

Microsoft has invested in green cement manufacturer Fortera, supporting the construction of its full-scale 400,000 ton-per-year commercial facility.

Business Wire
Aug 21st, 2024
Fortera Secures $85M to Accelerate the Global Deployment of Low-Carbon Cement Production

To meet the growing demand to lower the cement industry’s carbon emissions, advanced materials manufacturer Fortera secured $85 million in Series C fu

Edible Monterey Bay
Aug 24th, 2021
Calera Corp recognized as Top 100 list nine times on Jan 1st 88'.

Calera has been named to the Top 100 list nine times since Wine & Spirits began publishing it in 1988.

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