StoryFunding
Fortera closes $85M Series C funding led by Temasek to scale ReAct cement production
Fortera raised $85 million in Series C funding to accelerate deployment of its low-carbon cement technology. The round was led by Temasek, with backing from alumni Ventures, Khosla Ventures, Wollemi and Presidio Ventures, signaling investor confidence in carbon-capture cement at scale.
- Series C raised $85M led by Temasek and joined by Khosla Ventures, Alumni Ventures, Wollemi and Presidio
- Funds will be used to advance global deployment of ReAct cement production
- Fortera valued at $495M after the round
- Company is advancing toward 300+ kt/yr commercial facility with Mississippi Lime