Fortera’s Post

Fortera’s Chief Manufacturing Officer, Keith Krugh, participated in the National Ready Mixed Concrete Association’s Low Carbon Concrete Roundtable in Los Angeles earlier this week. Thank you to event organizers NRMCA, RMI, and partners Build With Strength, California Nevada Cement Association - CNCA, US Environmental Protection Agency (EPA), Federal Highway Administration, and CalCIMA for an optimistic but realistic discussion on the adoption of low-embodied CO2 concrete and novel cement technology. We’re honored to participate in this vital dialogue as we work to deploy more green cement to the market. #SustainableConstruction #LowCarbonConcrete #Innovation #BuildWithStrength #GreenCement

Thank you, Net Zero Insights, for including Fortera in your weekly round-up! #climatetech #funding #SeriesC #investment

We are appreciative of the journalists and media outlets who have taken the time to get to know Fortera and helped bring our story to new audiences. Recently, Katie Fehrenbacher of Axios did a write-up on the highlights of our Series C funding announcement. Thank you, Katie! Read the article: https://lnkd.in/eUuCZXFA #ClimateDeals #SeriesC #CleanTech #Innovation #GreenCement

Next week, Fortera’s Chief Manufacturing Officer, Keith Krugh, is participating in the National Ready Mixed Concrete Association’s Low Carbon Concrete Roundtable! 🏗️ This event, organized by NRMCA Group, RMI, and partners Build With Strength, California Nevada Cement Association - CNCA, and CalCIMA in collaboration with the White House, offers a unique opportunity to explore the importance of addressing embodied carbon in the built environment and discover the current state of the market for low-carbon concrete solutions. As a leader in green cement technology, Fortera is proud to contribute to this critical discussion. Let's shape the future of sustainable construction together! #SustainableConstruction #LowCarbonConcrete #Innovation #BuildWithStrength

Thank you Jeff St. John for taking the time to talk with Fortera CEO Ryan Gilliam ahead of our Series C announcement! We appreciate Jeff and Canary Media Inc. for continuing to report on both the challenges and advancements related to cement and concrete decarbonization. With this funding, we are moving toward deployment at scale that will make a meaningful impact on the industry’s emissions while creating ready-to-use low-carbon ReAct cement. Read more: https://lnkd.in/gnFz_-dA

Thank you to Swetha Gopinath of Bloomberg for breaking the news on our Series C announcement. Read the full story: https://lnkd.in/erWY95DC

We’re pleased to announce the closing of our Series C! With this raise, we’re moving ahead with the deployment of additional ReCarb plants to bring more green cement to the market. Our CEO Ryan Gilliam shares, “With the launch of our first plant and the close of this funding round, we’re entering into the next phase of our development as a commercial project company to accelerate low- to zero-carbon cement deployment. It’s vital to have the financial means to put operations in place to commercialize our technology, and we are honored to have the backing and expertise of some of the most knowledgeable investment firms in project finance and the cement and concrete industry as we carve the path to zero CO2 cement.” Thank you to our investors, including Khosla Ventures, Temasek, Wollemi Capital, NOVA by Saint-Gobain, Presidio Ventures, and Alumni Ventures, for believing in our mission to decarbonize the cement industry at scale. Together, we're paving the way to a greener future in construction. 🌱 Read the full press release: https://lnkd.in/gVmzDCte #Sustainability #GreenTech #CleanTech #SeriesC #GreenCement

Reflecting on the Portland Cement Association’s 2nd Annual Sustainability Summit: U.S. Department of Energy (DOE) Assistant Secretary Brad Crabtree's presentation revealed some exciting insights. We've underestimated our industry's ability to decarbonize—new technologies and innovative practices are accelerating progress beyond initial projections. Notably, the IRA and BIL have been game-changers. Under Crabtree's leadership, the Fossil Energy and Carbon Management (FECM) is fostering an environment where emerging technologies can flourish, creating a more optimistic outlook for sustainable cement production. The cement industry is at the forefront of sustainable innovation, moving faster and more efficiently than we imagined. As we continue our journey to a low-carbon future, it's inspiring to see how far we've come and how much potential lies ahead. #PCASummit2024 #PCARoadmap #NetZero #Sustainability #Decarbonization